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| No UAW Bailout |
| 2008-11-17 |
| Posted by:tipper |
| #9 Hard to beat REDDIT > 86% OF AIG BAILOUT WENT TO EXPENSIVE PARTIES, DRINKS. Clearly AIG CEO's missed the SUBWAY "5-5-5" DEAL this month, didn't we!? * CNN + FOX > CITIGROUP TO LAY OFF ANOTHER 53,000 WORKERS. |
| Posted by: JosephMendiola 2008-11-17 20:55 |
| #8 Post-bailout....The "next look" for Detroit. Sure to please the savy consumer. Pictured is the "Party Red" two door coupe Obamobile. |
| Posted by: Besoeker 2008-11-17 20:11 |
| #7 It is the UAW's demands that have not kept them competitive & at the crux of their debt. They say they need the bailout $$$ from the average taxpayers who earn $15 an hour to pay health benefits to retirees who have been making $75 an hour plus the hefty benefit packages. Accountability and transparency will not be forthcoming, either, I suspect. |
| Posted by: Thealing Borgia 122 2008-11-17 20:02 |
| #6 It is the UAW's demands that have not kept them competitive & at the crux of their debt. They say they need the bailout $$$ from the average taxpayers who earn $15 an hour to pay health benefits to retirees who have been making $75 an hour plus the hefty benefit packages. Accountability and transparency will not be forthcoming, either, I suspect. |
| Posted by: Thealing Borgia 122 2008-11-17 20:00 |
| #5 "We got to protect our Phoney-Bloney Jobs!" -- Democratic congress. Heard talk in Fox this morning that they may not get this at this time - but they will in February when the donks control everything. Of course by then the MSM would have fanned it into a national crisis unless they _are_ bailed out. |
| Posted by: CrazyFool 2008-11-17 18:29 |
| #4 Problem is the Dems won't let the companies restructure the "real problem" and ditch the UAW contracts. Foreign manufacturers build wonderful cars profitably in their US NON_UNION plants. No amount of money or corporate restructuring can erase the competitive disadvantage posed by the UAW. |
| Posted by: RWV 2008-11-17 16:44 |
| #3 We required the steel industry and the airlines industry to restructure. The auto industry shouldn't be any different. |
| Posted by: Steve White 2008-11-17 14:24 |
| #2 Restructure under bankruptsy rules or die. A bailout is nothing short of deckchair rearrangement. The ship is still going down. |
| Posted by: Besoeker 2008-11-17 14:12 |
| #1 You know, I used to own an Olds Delta 1972---a grand car. The guy who sold it to me said that I'm getting "one of the last American cars". |
| Posted by: g(r)omgoru 2008-11-17 13:21 |