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<?xml-stylesheet type="text/xsl" href="http://blogs.moneycentral.msn.com/utility/FeedStylesheets/rss.xsl" media="screen"?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" xmlns:wfw="http://wellformedweb.org/CommentAPI/"><channel><title>The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx</link><description>General Motors' (GM) long-anticipated bankruptcy announcement on Monday didn't send investors running from the markets. If anything, they responded with relief to the news that GM would file for Chapter 11. The Dow actually rose 221 points as the storied</description><dc:language>en</dc:language><generator>CommunityServer 2007.1 (Build: 20917.1142)</generator><item><title>re: The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx#516979</link><pubDate>Fri, 11 Sep 2009 01:32:39 GMT</pubDate><guid isPermaLink="false">e8f7cd84-7062-45ca-8a00-3f24dfc10bb9:516979</guid><dc:creator>rhihn</dc:creator><description>&lt;p&gt;&amp;lt;a href=&lt;a rel="nofollow" target="_new" href="http://www.site.com/page.html&amp;gt;cars&amp;lt;/a&amp;gt;"&gt;www.site.com/.../a&amp;gt;&lt;/a&gt;&lt;/p&gt;
&lt;img src="http://blogs.moneycentral.msn.com/aggbug.aspx?PostID=516979" width="1" height="1"&gt;</description></item><item><title>re: The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx#456687</link><pubDate>Mon, 20 Jul 2009 19:08:33 GMT</pubDate><guid isPermaLink="false">e8f7cd84-7062-45ca-8a00-3f24dfc10bb9:456687</guid><dc:creator>felix</dc:creator><description>&lt;p&gt;Has anyone seen this site for &amp;lt;a href=&amp;quot;&lt;a rel="nofollow" target="_new" href="http://www.gmpartsdirect.com/&amp;quot;&amp;gt;GM"&gt;www.gmpartsdirect.com/&amp;quot;&amp;gt;GM&lt;/a&gt; car and truck parts&amp;lt;/a&amp;gt; ? &amp;nbsp;Will they still be open?&lt;/p&gt;
&lt;img src="http://blogs.moneycentral.msn.com/aggbug.aspx?PostID=456687" width="1" height="1"&gt;</description></item><item><title>re: The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx#449534</link><pubDate>Thu, 16 Jul 2009 14:25:56 GMT</pubDate><guid isPermaLink="false">e8f7cd84-7062-45ca-8a00-3f24dfc10bb9:449534</guid><dc:creator>Ben</dc:creator><description>&lt;p&gt;Now that most people have receive what they think they want, kill the Unions, put laborers on street, retirees benefits cut, unemployment at more then 10%. Now we will have to buy less Toyotes send less money to Japan and less tax revenue. I cancelled my car buying and everything else not necessary. Good luck Union Bashers and Government Motors.&lt;/p&gt;
&lt;p&gt;This is not GM or Chrysler false. Try government regulations and CAFE standards. Subsiding foreign manufactors etc.&lt;/p&gt;
&lt;img src="http://blogs.moneycentral.msn.com/aggbug.aspx?PostID=449534" width="1" height="1"&gt;</description></item><item><title>re: The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx#433654</link><pubDate>Tue, 30 Jun 2009 18:56:30 GMT</pubDate><guid isPermaLink="false">e8f7cd84-7062-45ca-8a00-3f24dfc10bb9:433654</guid><dc:creator>Wdaozqcp</dc:creator><description>&lt;p&gt;BjTM0Y comment6 , &lt;/p&gt;
&lt;img src="http://blogs.moneycentral.msn.com/aggbug.aspx?PostID=433654" width="1" height="1"&gt;</description></item><item><title>re: The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx#419281</link><pubDate>Sun, 07 Jun 2009 22:35:19 GMT</pubDate><guid isPermaLink="false">e8f7cd84-7062-45ca-8a00-3f24dfc10bb9:419281</guid><dc:creator>Jr</dc:creator><description>&lt;p&gt;Well I guess the days were you have a person at the end of a production line sitting in a chair putting stickers on a windshield making 34 bucks plus an hour is over, This is way way over due. Nobody is worth that kind of money, and the management bonouses and very high pay,also ask your grandpa how much he made while working on cars for GM. I own GM and have all my life and must say &lt;/p&gt;
&lt;p&gt;they were great and dependable from the begining up untill about the late 70s to present, now with all the computer junk and cheap metal/body parts and cheap working parts and higher cost, well you get the picture, oh yea and no good customer service, none O. Parts break sooner cost more to fix and the dealer says&lt;/p&gt;
&lt;p&gt;oh well. Thats Life, so now I say to GM OH WELL THATS LIFE!&lt;/p&gt;
&lt;img src="http://blogs.moneycentral.msn.com/aggbug.aspx?PostID=419281" width="1" height="1"&gt;</description></item><item><title>re: The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx#418834</link><pubDate>Fri, 05 Jun 2009 18:03:45 GMT</pubDate><guid isPermaLink="false">e8f7cd84-7062-45ca-8a00-3f24dfc10bb9:418834</guid><dc:creator>geno</dc:creator><description>&lt;p&gt;I am tired of hearing the govt say GM needs to make cars people want. Well they have for decades. GM always made cars people wanted. Now the govt thinks GM should make cars the govt wants and the people will buy them. The only issue we have is that people are unemployed and can&amp;#39;t buy cars. People that are working don&amp;#39;t know if they are going to have their jobs so they don&amp;#39;t buy cars. Wait till the cracker boxes are produced with all the govt standards and 50 miles to a gallon requirements. I doubt that it will create a line of people knocking down the doors of the dealerships.&lt;/p&gt;
&lt;img src="http://blogs.moneycentral.msn.com/aggbug.aspx?PostID=418834" width="1" height="1"&gt;</description></item><item><title>re: The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx#418616</link><pubDate>Fri, 05 Jun 2009 14:07:35 GMT</pubDate><guid isPermaLink="false">e8f7cd84-7062-45ca-8a00-3f24dfc10bb9:418616</guid><dc:creator>Rapid Ralph</dc:creator><description>&lt;p&gt;Globalization has the US out of manufacturing and into banking and leadership roles. Germany &amp;amp; Japan ect. will be the producers, i.e., skilled labor, the third world countries will provide unskilled labor. That&amp;#39;s the plan and the US will stay out of pollution and alienation production. The GM &amp;amp; Chrysler related business is only following US Steel and other labor and pollution intense industries that destroy our living environment. Who lives next door to GM factories? Who wants to?&lt;/p&gt;
&lt;img src="http://blogs.moneycentral.msn.com/aggbug.aspx?PostID=418616" width="1" height="1"&gt;</description></item><item><title>re: The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx#418050</link><pubDate>Fri, 05 Jun 2009 03:17:03 GMT</pubDate><guid isPermaLink="false">e8f7cd84-7062-45ca-8a00-3f24dfc10bb9:418050</guid><dc:creator>Doubt THe Number</dc:creator><description>&lt;p&gt;The recent unemployment figure was shown sign of improvement with 621million doesn&amp;#39;t take into account this new lay-off workers not just GM alone,but the whole supply chain which involved suppliers ,sub-tier vendor etc....Hence,10% unemployment rate is a realistic and will coming soon.God bless everyone!&lt;/p&gt;
&lt;img src="http://blogs.moneycentral.msn.com/aggbug.aspx?PostID=418050" width="1" height="1"&gt;</description></item><item><title>re: The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx#416004</link><pubDate>Thu, 04 Jun 2009 15:07:42 GMT</pubDate><guid isPermaLink="false">e8f7cd84-7062-45ca-8a00-3f24dfc10bb9:416004</guid><dc:creator>Sam</dc:creator><description>&lt;p&gt;It&amp;#39;s about time the American dream ends. &amp;nbsp;This dream&amp;#39;s motto has been &amp;quot;you can buy whatever you want even if you can&amp;#39;t afford it&amp;quot;. &amp;nbsp;People have been doing it and companies have been helping them do it. &amp;nbsp;Dreams don&amp;#39;t last forever and sooner or later one has to come back to reality which is &amp;quot;you can&amp;#39;t spend more than you can afford&amp;quot;... Welcome to the real world&lt;/p&gt;
&lt;img src="http://blogs.moneycentral.msn.com/aggbug.aspx?PostID=416004" width="1" height="1"&gt;</description></item><item><title>re: The real damage from GM bankruptcy: Layoffs</title><link>http://blogs.moneycentral.msn.com/topstocks/archive/2009/06/01/gm-bankruptcy-could-yet-reverse-the-market-s-rally.aspx#415390</link><pubDate>Wed, 03 Jun 2009 21:08:32 GMT</pubDate><guid isPermaLink="false">e8f7cd84-7062-45ca-8a00-3f24dfc10bb9:415390</guid><dc:creator>mamma</dc:creator><description>&lt;p&gt;I hope GM lays off some of the people that are making hundreds of thousands of dollars each year. &amp;nbsp;Weed out 66% of them, make the other 33% multitask, and then maybe they will see how a company should be run. &amp;nbsp;You can still produce a quality product without the overkill on cost. &amp;nbsp;Every one else is having to cut back, I think the &amp;#39;big wigs&amp;#39; should as well. &amp;nbsp;Remember the trip to Washington in the private jet? &amp;nbsp;It isn&amp;#39;t just GM. &amp;nbsp;Every large company has been doing it since the last crisis in the &amp;#39;80&amp;#39;s. &amp;nbsp;I still believe that most of the damage done by GM, as well as big banks, is too many high end paid people. &amp;nbsp;If you were to make a person who is making $200,000 a year go on unemployment, they would be going from making around $17,000 a month to $1600 a month--think they could live on that? I think we would all be physically ill if we knew how much money corporate America really did make!!!&lt;/p&gt;
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