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69
The_Deplorable
2024 Sep 2, 12:31pm
Patrick says
A criminal investigation for stating a fact? She is fat!
" https://www.coffeeandcovid.com/p/phobic-monday-september-2-2024-c "
A criminal investigation for stating a fact? She is fat!
70
Al_Sharpton_for_President
2024 Sep 3, 4:26am
Al_Sharpton_for_President
2024 Sep 3, 4:26am
VW Weighs First-Ever Germany Plant Closures to Cut Costs
Volkswagen AG is considering unprecedented factory closures in Germany, setting up a showdown with powerful unions as the country’s most important industry fights for its future.
The potential measures also include trying to end the company’s three-decades-old pact with workers to keep jobs secure, the company said Monday. VW’s main target is its underperforming namesake passenger car brand, whose profit margins are getting squeezed amid a sputtering transition to EVs and a consumer spending slowdown.
Any shutdowns would mark the first closures in Germany during the company’s 87-year history. VW shares closed 1.3% higher after the news, paring this year’s losses of 13%.
“The economic environment has become even tougher and new players are pushing into Europe,” VW Chief Executive Officer Oliver Blume said in a statement. “Germany as a business location is falling further behind in terms of competitiveness.”
A full-blown labor dispute would be a major test for the CEO — who also heads up the Porsche sports car brand — after union clashes felled a number of his VW predecessors.
Raising returns at the VW brand has become tougher with higher logistics, energy and labor costs. The nameplate’s margin fell to 2.3% during the first half, compared to 3.8% a year ago. The company has also lost momentum in its biggest market, China, with its EV model range far behind competitors, while cheaper Chinese electric cars are pushing into Europe.
The looming clash at one of Germany’s biggest companies threatens a postwar consensus where workers hold significant sway. Decades-old codetermination agreements are coming under pressure as new competitors target Germany’s industrial bedrock and populist parties surge.
On Sunday, election results in two eastern German states delivered another humbling for Chancellor Olaf Scholz’s Social Democrats and his two coalition partners. The Alternative for Germany party placed second in Saxony, where VW owns an EV-making plant in Zwickau, and won the elections in neighboring Thuringia, the first triumph for a far-right party in a German state ballot since World War II.
“I am deeply concerned that the VW Group management is no longer ruling out plant closures and compulsory redundancies,” SPD lawmaker Bernd Westphal, economic policy spokesman for Scholz’s parliamentary group, told Bloomberg News. “The SPD parliamentary group is firmly on the side of the employees and expects constructive talks” with the works councils and unions.
Supervisory Board
VW employs about 650,000 workers globally, almost 300,000 of which are in Germany. Half the seats on the company’s supervisory board are held by labor representatives, and the German state of Lower Saxony — which owns a 20% stake — often sides with trade union bodies. The setup is part of a labyrinthine governance system where management must gain the billionaire Porsche-Piech family and labor side support for major decisions.
Works council head Daniela Cavallo said VW’s management warned that the brand making the Golf and Tiguan models risks losing money, according to a separate statement. The company is weighing the closure of at least one larger carmaking factory and one component site in Germany, it said, alongside abolishing wage agreements.
VW is also “questioning” the production of a compact electric SUV model at the main carmaking site in Wolfsburg from 2026, key to filling the factory’s capacity, the works council said. The Trinity model, currently planned for Zwickau, is at risk of being delayed.
Volkswagen last year made roughly 9 million vehicles, compared with total capacity of 14 million.
Lower Saxony said it supports VW’s cost-cutting efforts, adding alternative options must be explored in talks with labor representatives.
“We expect that the issue of factory closures will not arise due to the successful use of alternatives,” said Stephan Weil, Lower Saxony premier and VW supervisory board member. “The state government will pay particular attention to this.”
Other Clashes
Previous clashes ended or shortened the tenures of top executives including former CEO Bernd Pischetsrieder, ex-VW brand chief Wolfgang Bernhard and Herbert Diess, Blume’s predecessor as CEO. All three tried to push through efficiencies, particularly at VW’s domestic German operations.
The plans risk worsening the economic malaise in Germany, where industrial companies are reining in investments. VW’s market valuation has sunk to around €51 billion ($56.5 billion), even as the company continues to rake in profits, with operating income of €22.6 billion last year.
Germany’s unpopular ruling coalition government, led by Scholz’s Social Democrats, is beset by infighting with abrupt policy changes wreaking havoc. Last year, the government suddenly removed EV incentives after lawmakers struck down budget plans. Cratering sales in Europe’s biggest car market have been a drag since, wrong-footing a range of major suppliers including Robert Bosch, ZF Friedrichshafen and Continental.
“The automotive industry is facing major challenges worldwide and is undergoing a profound transformation that requires companies to make strategic decisions,” the Economy Ministry said in a statement. “It is essential that companies and management act responsibly and in close consultation with the social partners.”
VW’s plans on further cutbacks follow a July announcement detailing the potential closure of a site in Brussels making electric Audis. The factory has been struggling with high costs and poor demand for the luxury Q8 e-tron, the sole model it produces. At the time, the carmaker cut its outlook for the year, in part because of likely costs involved in shuttering the plant.
The last time VW closed a major car factory was more than 30 years ago, when the company shut down what was then its lone US assembly plant, near Pittsburgh.
The Volkswagen brand has component production sites in Brunswick, Kassel, Salzgitter, Hannover and Chemnitz, as well as carmaking plants in Wolfsburg, Emden, Zwickau, Dresden, Osnabrück and Hannover.
https://www.yahoo.com/news/vw-weighs-first-ever-germany-132426112.html
Volkswagen AG is considering unprecedented factory closures in Germany, setting up a showdown with powerful unions as the country’s most important industry fights for its future.
The potential measures also include trying to end the company’s three-decades-old pact with workers to keep jobs secure, the company said Monday. VW’s main target is its underperforming namesake passenger car brand, whose profit margins are getting squeezed amid a sputtering transition to EVs and a consumer spending slowdown.
Any shutdowns would mark the first closures in Germany during the company’s 87-year history. VW shares closed 1.3% higher after the news, paring this year’s losses of 13%.
“The economic environment has become even tougher and new players are pushing into Europe,” VW Chief Executive Officer Oliver Blume said in a statement. “Germany as a business location is falling further behind in terms of competitiveness.”
A full-blown labor dispute would be a major test for the CEO — who also heads up the Porsche sports car brand — after union clashes felled a number of his VW predecessors.
Raising returns at the VW brand has become tougher with higher logistics, energy and labor costs. The nameplate’s margin fell to 2.3% during the first half, compared to 3.8% a year ago. The company has also lost momentum in its biggest market, China, with its EV model range far behind competitors, while cheaper Chinese electric cars are pushing into Europe.
The looming clash at one of Germany’s biggest companies threatens a postwar consensus where workers hold significant sway. Decades-old codetermination agreements are coming under pressure as new competitors target Germany’s industrial bedrock and populist parties surge.
On Sunday, election results in two eastern German states delivered another humbling for Chancellor Olaf Scholz’s Social Democrats and his two coalition partners. The Alternative for Germany party placed second in Saxony, where VW owns an EV-making plant in Zwickau, and won the elections in neighboring Thuringia, the first triumph for a far-right party in a German state ballot since World War II.
“I am deeply concerned that the VW Group management is no longer ruling out plant closures and compulsory redundancies,” SPD lawmaker Bernd Westphal, economic policy spokesman for Scholz’s parliamentary group, told Bloomberg News. “The SPD parliamentary group is firmly on the side of the employees and expects constructive talks” with the works councils and unions.
Supervisory Board
VW employs about 650,000 workers globally, almost 300,000 of which are in Germany. Half the seats on the company’s supervisory board are held by labor representatives, and the German state of Lower Saxony — which owns a 20% stake — often sides with trade union bodies. The setup is part of a labyrinthine governance system where management must gain the billionaire Porsche-Piech family and labor side support for major decisions.
Works council head Daniela Cavallo said VW’s management warned that the brand making the Golf and Tiguan models risks losing money, according to a separate statement. The company is weighing the closure of at least one larger carmaking factory and one component site in Germany, it said, alongside abolishing wage agreements.
VW is also “questioning” the production of a compact electric SUV model at the main carmaking site in Wolfsburg from 2026, key to filling the factory’s capacity, the works council said. The Trinity model, currently planned for Zwickau, is at risk of being delayed.
Volkswagen last year made roughly 9 million vehicles, compared with total capacity of 14 million.
Lower Saxony said it supports VW’s cost-cutting efforts, adding alternative options must be explored in talks with labor representatives.
“We expect that the issue of factory closures will not arise due to the successful use of alternatives,” said Stephan Weil, Lower Saxony premier and VW supervisory board member. “The state government will pay particular attention to this.”
Other Clashes
Previous clashes ended or shortened the tenures of top executives including former CEO Bernd Pischetsrieder, ex-VW brand chief Wolfgang Bernhard and Herbert Diess, Blume’s predecessor as CEO. All three tried to push through efficiencies, particularly at VW’s domestic German operations.
The plans risk worsening the economic malaise in Germany, where industrial companies are reining in investments. VW’s market valuation has sunk to around €51 billion ($56.5 billion), even as the company continues to rake in profits, with operating income of €22.6 billion last year.
Germany’s unpopular ruling coalition government, led by Scholz’s Social Democrats, is beset by infighting with abrupt policy changes wreaking havoc. Last year, the government suddenly removed EV incentives after lawmakers struck down budget plans. Cratering sales in Europe’s biggest car market have been a drag since, wrong-footing a range of major suppliers including Robert Bosch, ZF Friedrichshafen and Continental.
“The automotive industry is facing major challenges worldwide and is undergoing a profound transformation that requires companies to make strategic decisions,” the Economy Ministry said in a statement. “It is essential that companies and management act responsibly and in close consultation with the social partners.”
VW’s plans on further cutbacks follow a July announcement detailing the potential closure of a site in Brussels making electric Audis. The factory has been struggling with high costs and poor demand for the luxury Q8 e-tron, the sole model it produces. At the time, the carmaker cut its outlook for the year, in part because of likely costs involved in shuttering the plant.
The last time VW closed a major car factory was more than 30 years ago, when the company shut down what was then its lone US assembly plant, near Pittsburgh.
The Volkswagen brand has component production sites in Brunswick, Kassel, Salzgitter, Hannover and Chemnitz, as well as carmaking plants in Wolfsburg, Emden, Zwickau, Dresden, Osnabrück and Hannover.
https://www.yahoo.com/news/vw-weighs-first-ever-germany-132426112.html
76
Al_Sharpton_for_President
2024 Sep 27, 5:51am
Al_Sharpton_for_President
2024 Sep 27, 5:51am
Immigration does not work, not even economically’ – German government needs €10 billion more in welfare payments than originally predicted for 2025
The German federal government has “miscalculated” billions in welfare payments, known as citizens’ money, with their initial estimate of €36 billion far short of the €46 billion reportedly needed.
In documents obtained by Bild newspaper, the German labor ministry assumes an average of 2.9 million people are in need of welfare parents in the documents for the “2025 budget,” dated from August 2024. However, this document indicates that the expenditure on standard rates and accommodation costs is expected to total €45.6 billion, which is a far cry from the €36 billion set in the 2025 citizen’s allowance budget.
The huge discrepancy has sparked outrage, but Hubertus Heil’s (SPD) labor ministry told Bild that the figures published “are not comprehensible and are methodologically based on several false assumptions… For example, a significant portion of the costs of accommodation are to be covered by the municipalities and are therefore not relevant to the federal budget in the amount stated.”
However, Heil’s denial did not specify how far off Bild’s figures were, and notably, Bild was citing internal documents from the ministry itself.
The huge sums paid out due to citizens’ money has become a politically explosive subject, first due to the enormous costs it is placing on the German taxpayers, second due to the fact that the German economy is facing a worker shortage, and third due to the huge number of foreigners taking advantage of this welfare system, as half of all recipients are foreigners and many of the others who are German citizens also have a migration background.
“Immigration doesn’t work, not even economically. And if one were to differentiate between Germans based on their migration background, the picture would be even more devastating,” MEP Maximilian Krah, who is a member of the AfD but remains unaffiliated in the European Parliament, wrote on X. He shared a graph showing how few Germans are actually receiving welfare payments.
However, he is not the only one calling into question Heil’s numbers. Most recently, the Federal Audit Office also cast doubt on Heil’s budget, stating that the labor ministry’s figures could only happen as budgeted if “600,000 people entitled to benefits would stop receiving them altogether” in 2025. These experts complained at the time that this was “not very realistic.”
Other parties are also attacking Heil. CDU’s group vice-chairman Jens Spahn said the matter “bordered on deliberate deception.”
Meanwhile, budget spokesman for the CDU/CSU parliamentary group, Christian Haase, said: “Heil is deliberately budgeting for false figures in order to conceal the problems with the citizens’ allowance,”
“This is a scandal,” he added.
CDU general secretary Carsten Linnemann said the ruling left-liberal government “continues to lie to itself, the budget will blow up in its face.”
Even the Free Democrats (FDP), who belong to the ruling government, slammed the budget figures. FDP politician Torsten Herbst said he expected “the labor minister to present realistic figures in his draft budget.”
However, some of the harshest statements came from the AfD, which wrote on social media: “Labor Minister Hubertus Heil (SPD) suddenly presents a new budget gap of almost €10 billion in the citizen’s allowance. According to the minister’s documents, his department expects citizen’s allowance costs of almost €46 billion for 2025, although only €36 billion were officially reported.”
The party is now recommending mass deportations totaling 1.3 million people to plug the budget hole, which it claims would bring the welfare payments back in line with the original sum budgeted.
“It must be remembered that around half of the citizen’s allowance recipients are foreign citizens! Simply by deporting the approximately one million Syrians (as of the end of 2023) who no longer have a reason to flee, the citizen’s allowance costs could be reduced enormously. The same applies to the approximately 300,000 foreigners who are required to leave the country (as of mid-2024).
“The Federal Audit Office had already cast doubt on the Minister of Labor’s sugar-coated figures weeks ago, stating that the figures would only be correct if the number of citizens’ allowance recipients fell by around 600,000 in 2025. Either Heil really miscalculated in an amateurish way or – which is much more likely – he deliberately wants to mislead the population. In both cases, such a Minister of Labor is completely unacceptable and underlines that the SPD does not care about our country.”
https://rmx.news/article/immigration-does-not-work-not-even-economically-german-government-needs-e10-billion-more-in-welfare-payments-than-originally-predicted-for-2025/
The German federal government has “miscalculated” billions in welfare payments, known as citizens’ money, with their initial estimate of €36 billion far short of the €46 billion reportedly needed.
In documents obtained by Bild newspaper, the German labor ministry assumes an average of 2.9 million people are in need of welfare parents in the documents for the “2025 budget,” dated from August 2024. However, this document indicates that the expenditure on standard rates and accommodation costs is expected to total €45.6 billion, which is a far cry from the €36 billion set in the 2025 citizen’s allowance budget.
The huge discrepancy has sparked outrage, but Hubertus Heil’s (SPD) labor ministry told Bild that the figures published “are not comprehensible and are methodologically based on several false assumptions… For example, a significant portion of the costs of accommodation are to be covered by the municipalities and are therefore not relevant to the federal budget in the amount stated.”
However, Heil’s denial did not specify how far off Bild’s figures were, and notably, Bild was citing internal documents from the ministry itself.
The huge sums paid out due to citizens’ money has become a politically explosive subject, first due to the enormous costs it is placing on the German taxpayers, second due to the fact that the German economy is facing a worker shortage, and third due to the huge number of foreigners taking advantage of this welfare system, as half of all recipients are foreigners and many of the others who are German citizens also have a migration background.
“Immigration doesn’t work, not even economically. And if one were to differentiate between Germans based on their migration background, the picture would be even more devastating,” MEP Maximilian Krah, who is a member of the AfD but remains unaffiliated in the European Parliament, wrote on X. He shared a graph showing how few Germans are actually receiving welfare payments.
However, he is not the only one calling into question Heil’s numbers. Most recently, the Federal Audit Office also cast doubt on Heil’s budget, stating that the labor ministry’s figures could only happen as budgeted if “600,000 people entitled to benefits would stop receiving them altogether” in 2025. These experts complained at the time that this was “not very realistic.”
Other parties are also attacking Heil. CDU’s group vice-chairman Jens Spahn said the matter “bordered on deliberate deception.”
Meanwhile, budget spokesman for the CDU/CSU parliamentary group, Christian Haase, said: “Heil is deliberately budgeting for false figures in order to conceal the problems with the citizens’ allowance,”
“This is a scandal,” he added.
CDU general secretary Carsten Linnemann said the ruling left-liberal government “continues to lie to itself, the budget will blow up in its face.”
Even the Free Democrats (FDP), who belong to the ruling government, slammed the budget figures. FDP politician Torsten Herbst said he expected “the labor minister to present realistic figures in his draft budget.”
However, some of the harshest statements came from the AfD, which wrote on social media: “Labor Minister Hubertus Heil (SPD) suddenly presents a new budget gap of almost €10 billion in the citizen’s allowance. According to the minister’s documents, his department expects citizen’s allowance costs of almost €46 billion for 2025, although only €36 billion were officially reported.”
The party is now recommending mass deportations totaling 1.3 million people to plug the budget hole, which it claims would bring the welfare payments back in line with the original sum budgeted.
“It must be remembered that around half of the citizen’s allowance recipients are foreign citizens! Simply by deporting the approximately one million Syrians (as of the end of 2023) who no longer have a reason to flee, the citizen’s allowance costs could be reduced enormously. The same applies to the approximately 300,000 foreigners who are required to leave the country (as of mid-2024).
“The Federal Audit Office had already cast doubt on the Minister of Labor’s sugar-coated figures weeks ago, stating that the figures would only be correct if the number of citizens’ allowance recipients fell by around 600,000 in 2025. Either Heil really miscalculated in an amateurish way or – which is much more likely – he deliberately wants to mislead the population. In both cases, such a Minister of Labor is completely unacceptable and underlines that the SPD does not care about our country.”
https://rmx.news/article/immigration-does-not-work-not-even-economically-german-government-needs-e10-billion-more-in-welfare-payments-than-originally-predicted-for-2025/
77
DemocratsAreTotallyFucked
2024 Sep 27, 6:30am
DemocratsAreTotallyFucked
2024 Sep 27, 6:30am
Immigration pays for itself in Canada. It was designed to bring in young workers to bail out Canada's social welfare system. Of course, it has other costs.
But Europe brought in refugees who don't work. Except maybe Ukranians.
But Europe brought in refugees who don't work. Except maybe Ukranians.
78
WookieMan
2024 Sep 27, 7:28am
WookieMan
2024 Sep 27, 7:28am
DemocratsAreTotallyFucked says
I don't think they generally work. If they do, they suck at it. Had my buddy fill in my pool. His two guys were complete morons. Broke my fence. Snapped a 3/4" gas line on something I never asked them to take out, and I can speak enough Spanish for them to understand me.
Needless to say I had to shut off the gas to the entire house. My buddy is a dip shit too. Comes in and asks me, "what's that smell?" It's fucking natural gas dip shit. I'll be friends with him, but so many fuck ups on this job. Wife is refusing to pay him the second half. Kind of awkward but we're in agreement until he fixes the mess he made. Electric issues as well. Low voltage. He's probably the worst contractor I know.
If for some strange reason you know someone needing work in IL, I will tell you who to avoid. This guy. Tough as I like hanging out with him, but he sucks at his job. He buys and sells horses as his main income. He's a fun to hang out with idiot if that makes sense.
But Europe brought in refugees who don't work.
I don't think they generally work. If they do, they suck at it. Had my buddy fill in my pool. His two guys were complete morons. Broke my fence. Snapped a 3/4" gas line on something I never asked them to take out, and I can speak enough Spanish for them to understand me.
Needless to say I had to shut off the gas to the entire house. My buddy is a dip shit too. Comes in and asks me, "what's that smell?" It's fucking natural gas dip shit. I'll be friends with him, but so many fuck ups on this job. Wife is refusing to pay him the second half. Kind of awkward but we're in agreement until he fixes the mess he made. Electric issues as well. Low voltage. He's probably the worst contractor I know.
If for some strange reason you know someone needing work in IL, I will tell you who to avoid. This guy. Tough as I like hanging out with him, but he sucks at his job. He buys and sells horses as his main income. He's a fun to hang out with idiot if that makes sense.
79
The_Deplorable
2024 Sep 28, 1:09pm
DemocratsAreTotallyFucked says
The Globalist Nazis brought in the refugees, not Europe.
"But Europe brought in refugees who don't work."
The Globalist Nazis brought in the refugees, not Europe.
80
AmericanKulak
2024 Sep 28, 1:45pm
AmericanKulak
2024 Sep 28, 1:45pm
The_Deplorable says
Once could be FIB entrapment. Twice and the guy likes tweens.
https://x.com/ivan_8848/status/1837623293613887576
Once could be FIB entrapment. Twice and the guy likes tweens.
83
RWSGFY
2024 Oct 22, 9:16pm
RWSGFY
2024 Oct 22, 9:16pm
The_Deplorable says
The pedo sounds desperate. Was he ordered to work harder for his rubbles or else some tasty tea will be hand-delivered to him? 😂
https://x.com/ivan_8848/status/1837623293613887576
The pedo sounds desperate. Was he ordered to work harder for his rubbles or else some tasty tea will be hand-delivered to him? 😂
87
Eric Holder
2024 Nov 8, 10:54am
Eric Holder
2024 Nov 8, 10:54am
Good. Sholtz is finally paying the pricer for being weak-ass pussy.
88
mell
2024 Nov 8, 11:12am
Eric Holder says
Yes for not telling zelensky, xiden and the EU to get lost and resuming trade with russia. This war is over, watch how fast z tucks tail and peace and prosperity "erupts"
Good. Sholtz is finally paying the pricer for being weak-ass pussy.
Yes for not telling zelensky, xiden and the EU to get lost and resuming trade with russia. This war is over, watch how fast z tucks tail and peace and prosperity "erupts"
« First « Previous Comments 69 - 92 of 92 Search these comments
https://www.reuters.com/article/us-germany-election-military-spd/germanys-spd-rejects-nato-2-percent-defense-spending-target-idUSKBN1AM001
Keep in mind, they laughed at Churchill, proudly declaring he was a warmongering eccentric, if not downright delusional, literally right up until the Sudentenland. And all the Liberals of the day claimed "Peace in Our Time."
We really should be thinking about how to divide Germany into Saxony, Prussia, Bavaria, Hannover, etc.and if Morganthau was right all along.
https://en.wikipedia.org/wiki/Morgenthau_Plan
#Germany #FourthReich #EUArmy