[AntiKev]

They are willing to throw GM under the bus to protect their bloated benefit and pay packages. UAW wages and benefits are almost $30 per hour higher than the Japanese transplants.

Yes but...if GM goes under, there won't BE any pay or benefits.

[WHBates]

Even though Obama and the Democrats will do almost anything to protect the UAW it will truly PO the rest of the work force. It may not happen overnight but it will be one more nail in the coffin if the rest of the country is still in recession.

[chiefqc]

The UAW officals are not worried about the rake and fine just their bloated salaries and dues.

[stig]

Yes but...if GM goes under, there won't BE any pay or benefits.

Wrongo. If GM goes bankrupt their entire retirement liability becomes the responsibility of the Federal Government. GM is probably trying to renegotiate their retirement funding liabilty and the union has decided it is better to saddle the feds with it. They have the feds in their back pocket they will get a better deal with them.

The union has absolutely no incentive to negotiate their contract down. They know the feds are going to step in in a big way. This is the same reason that banks are holding on to their defunct mortgages. Uncle Sam will pay more for them than they can get from a private investor.