RE :”If the automakers are willing to make the hard decisions needed to become viable, they should be able to receive the funds Congress already allotted to them for other purposes. This is a critical issue for our economy and our country. The American people expect their elected leaders to do what it takes to solve it. “
This is not ideal but forces democrats to swallow a bitter pill. CEOs and unions need to immediately renegotiate their benefit contracts as a good faith effort, before they get the money GWB proposes, as a loan. And no more job banks, let them get UI like the rest of us.
** CEOs and unions **
Do you really think they will renegotiate? I doubt it.