wants to loan these guys billions of taxpayer dollars? Put up your hands! (pun intended)
Who
by John Doe 6 Replies latest jw friends
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WHO
You talkin' to me?
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asilentone
no!
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John Doe
Who thinks these creeps would get away with this if it weren't for the union?
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hillbilly
JD...dont lump all unions in the same bucket. The UAW is regarded as the our stupid cousin, who killed the golden goose, by many AFL-CIO affiliates.
Big 3 executives are dumb enough to sign on to some of these contract clauses... Auto is a dysfunctional little happy family... to bad if they fold. Auto is so embedded into the US economy if something doesnt happen every town in the US will suffer job losses. Federal bail out is "bankruptcy" ... let the law work.
Let em go bankrupt ... wages will be paid... orders taken... those vendors who are not bold enough to deal with the Makers will loose money to those who will extend credit for parts and materials
This domestic auto business is so messed up the only way to fix it is to let the market correct the problem.
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sacolton
So they can mismanage the money again? I have absolutely no confidence they can stay afloat.