Could some Harley Dealers be next?
#32
05-16-2009, 07:37 PM
I don't think the MoCo would have a need to term. dealers along the lines of why GM and Chrysler did. The economy will probably do some of that plus the regular exit of a dealer occasionally who doesn't deserve to be in business.
There's something more to this deal of GM and Chrysler (huge govt. loans that are going to turn into bad loans) terming a large percentage of dealers than my poor brain has been able to figure out yet.
When I was with Ford corporate we felt one of the biggest advantages GM had over us was the major number of dealer outlets vs. Ford/Merc.
There's something more to this deal of GM and Chrysler (huge govt. loans that are going to turn into bad loans) terming a large percentage of dealers than my poor brain has been able to figure out yet.
When I was with Ford corporate we felt one of the biggest advantages GM had over us was the major number of dealer outlets vs. Ford/Merc.
#33
05-16-2009, 07:58 PM
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Baggerdriver, there are a lot of people who haven't spent time in third world or possibly in 2nd world countries to really understand what is right with this country. Some don't understand what the pres. is trying to control is against the Constitution. Oh they want their freedoms but don't realize these freedoms didn't come free. Any company that received TARP monies now belongs to the gov't. and must answer to the gov't. and the BHO White House.
#34
05-16-2009, 08:00 PM
Club Member
"BTW, has anyone else got their SS statement yet?"
Yes. We received our projected retirement statements. Wife and I combined lost $500 monthly off our SS even though we're making as much/more money than ever before.
In bold letters across the bottom of our statements read to the effect "These projections are according to the latest laws".
Thanks Obama!
How did you fare SportsterBob?
Yes. We received our projected retirement statements. Wife and I combined lost $500 monthly off our SS even though we're making as much/more money than ever before.
In bold letters across the bottom of our statements read to the effect "These projections are according to the latest laws".
Thanks Obama!
How did you fare SportsterBob?
If I retire at 62 it's $1,174/mo
If I retire at 67 it's $1,774/mo
If I retire at 70 it's $2,246/mo
This is only if I keep my current pay rate....With all the layoffs I endured, there is no guarantee.....My fingers are crossed!
#35
05-16-2009, 08:13 PM
Baggerdriver, there are a lot of people who haven't spent time in third world or possibly in 2nd world countries to really understand what is right with this country. Some don't understand what the pres. is trying to control is against the Constitution. Oh they want their freedoms but don't realize these freedoms didn't come free. Any company that received TARP monies now belongs to the gov't. and must answer to the gov't. and the BHO White House.
A lot a people are fixin' to find out how the rest of the world lives ..
They wont like it , and they'd best not speak out against it ..
#37
05-16-2009, 08:59 PM
If I claim SSD NOW and get it, I'm at $1,568/mo
If I retire at 62 it's $1,174/mo
If I retire at 67 it's $1,774/mo
If I retire at 70 it's $2,246/mo
This is only if I keep my current pay rate....With all the layoffs I endured, there is no guarantee.....My fingers are crossed!
If I retire at 62 it's $1,174/mo
If I retire at 67 it's $1,774/mo
If I retire at 70 it's $2,246/mo
This is only if I keep my current pay rate....With all the layoffs I endured, there is no guarantee.....My fingers are crossed!
I'll bet you know how to compare the options (not SSD) to see when to pull the trigger. But, if you are within a year or two of 62 and do need some idea of how to do that, PM me. Naw, I don't have anything to sell or anything like that... just a perspective on the decision-making.
#38
05-16-2009, 09:07 PM
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on the dave ramsey show last week , he reported that harley davidon motor co. opperates completely debt free. g.m.'s problems were caused by g.m.a.c. home mortgages, more then anything. chrysler claims that 20 percent of there dealerships make 90 prcent of there profit. they will be cutting back production so much they wont be able to supply the ones there closing. AND lets face it, people buy metric bikes because harley is still living down the a,m,f, years
#39
05-16-2009, 09:11 PM
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True
Easy when when you are in bankruptcy you can do what ever the trustee allows. In the case of GM is would would be common sense take the buy out of your contract or when we enter bankruptcy you will get nothing.
Just a repeat of big steel. Funny everyone is crying about the Dodge and GM what about the poor bastards at Maytag and Whirlpool.
Just a repeat of big steel. Funny everyone is crying about the Dodge and GM what about the poor bastards at Maytag and Whirlpool.
#40
05-16-2009, 09:45 PM
Club Member
Bob,
I'll bet you know how to compare the options (not SSD) to see when to pull the trigger. But, if you are within a year or two of 62 and do need some idea of how to do that, PM me. Naw, I don't have anything to sell or anything like that... just a perspective on the decision-making.
I'll bet you know how to compare the options (not SSD) to see when to pull the trigger. But, if you are within a year or two of 62 and do need some idea of how to do that, PM me. Naw, I don't have anything to sell or anything like that... just a perspective on the decision-making.
I went to my 30-yr HS reunion last summer and more than a few were already retired.....They were the ones who got their Doctorate at age 26 and got into Medicine/Health-Care.......Sure hope I live long enough to get to relax!
I do have a 401K......Or I should say that I used to.....Right now it's enough to live on for 6-months! Oh well, so long as I live until 60-something! LOL
Last edited by SportsterBob; 05-16-2009 at 09:56 PM.