Sunday, January 29, 2012

$1B... & His Domain...

If you haven't yet read yesterday's Life with Lynnie (LwL) entry, please do so.  The basis for what I will be writing about today, is there for you to have an understanding of the situation.

When I left off, I mentioned that there was not enough funds in the healthcare fund for General Motors' (GM's) workers and retirees.  I also asked the question:  How fair is this?

Not only had GM borrowed from this fund years ago and did not replenished it early enough, so that with investments there would be enough funds available to all who contributed, but there's more to be said from a different aspect.  Yes, a recent court settlement was reached where GM had to pay a large amount of money to the healthcare fund, but since it isn't enough to cover the needs of all eligible to utilize the funds, it somehow doesn't seem quite right, to me.

GM received concessions from its workers, retirees and surviving spouses, as well as help from the Canadian government, in an effort to play a part in keeping the corporation alive.  Or, so it was thought.

Sure, the company is doing much better now. 

Here is a link that reports that GM is once again #1 in the auto industry:  http://azstarnet.com/news/opinion/gm-is-no-again-a-lesson-in-the-role-of/article_a0a221ad-9ee7-5e67-b3e3-ac76d8b98fa8.html  and another:  http://www.forbes.com/sites/michelinemaynard/2012/01/19/gm-is-back-in-the-auto-sales-drivers-seat/

So, why weren't benefits restored to retirees and suviving spouses?

Now, there is no recourse for GM retirees.  Workers may or may not be able to address their issues in future contract negotiations, but the retirees and surviving spouses, are left out in the cold.

When I read the article in The Windsor Star (and posted in yesterday's LwL entry) , telling us that GM is investing $1B (that's $1,000,000,000/1 billion dollars) in Russia, it turned my stomach.

If in fact GM had truly needed the concessions and government of Canada's assistance it received, in order to keep the company running, then how on earth could it have rebounded so quickly in order to be able to invest overseas, to such a great extent. 

Or, was this just a paper shuffle, and a ruse to reduce obligations to Canada and its workers, retirees and surviving spouses, while increasing revenues to use for future investment, in other countries, as they are in the process of doing?

Some readers may be aware that GM has been investing overseas for several years now, mainly in China and in other countries, where they feel they can make higher profits.  But, now... after rebounding, to the extent of $1,000,000,000 in another country?  Russia?

Since GM has prospered so greatly after the help and concessions implimented that assisted them in surviving, why weren't benefits re-instated, fully?  Why wasn't this made part of the bail-out package, by the government, to protect Canadian citizens?  Why wasn't there provisions made to ensure that the company would have to re-invest in Canada?

Gee, maybe they should have had people like me, on the team of negotiators. 

It makes me wonder if GM truly needed the help at all, or if it was just a ploy on the part of the company, to receive concessions and short-term financing, to justify an end to their means.  And, to improve their bottom line.  Profits.

How could this company rebound so quickly, if it truly was in dire straits? 

While I'm glad that GM has rebounded, this frustrating life circumstance is not a pleasant one.  Still, I am thankful for what I have.  How God provided for me, through Gordon.

Yes, I said how God provided for me, through Gordon

We must never forget that all good things come from God.  And, that ultimately, it is truly Him providing for us, through whatever means it is He chooses to use to provide for us.

Even so, it is a hurtful reminder of how life truly is on this earth.  How the unsaved and the corporations that are not Christian based, use and abuse people, for the love of money. 

I'm grateful for God's Word, the Bible.  I'm grateful for what it teaches us.  I'm grateful for 1 Timothy 6:10, "For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows."

I'm grateful I am saved.  That God has provided for me, in this life, and afterwards.  For, this world is not my home.  It is truly a horrible, sinful place.  How can it not be?  It is Satan's domain; his world.

And, as far as I'm concerned, he can have it!


Until next time...

If you would like to comment, please e-mail:  lifewithlynnie@gmail.com