Posted on 12/01/2008 11:44:50 PM PST by Azzurri
UAW mulls reopening contracts to aid Big 3
How about “the UAW can go to hell” - because there is NO way I can see them doing what the Dying Three need.
And besides, the “too many dealerships” problem won’t be solved outside of bankruptcy anyway...
The UAW has no choice.
They may well be dead soon, too. Hussein’s policies will see to that.
Schadenfreude, isn’t that the word?
So the UAW has now decided to do CPR on the Golden Goose they throttled to death....amazing.....
You can bet your bippy that Clueless Jenny of the MaObama economic advisors and blow you away Michigan governor has pursed her tight little lips and blown into Maobama's ears about the miracle of the UAW led economic miracle that is Michigan. (/sarcasm).
I think all this big talk about willingness to renegotiate is merely window dressing to make a bunch of brainless politicians feel comfortable and kick in the loot. I'm only speaking from 32+ years combined union and management experience at Ford and I have been wrong a time or two.
The UAW will get its big three bailout, make no mistake. As I asked my UAW loving cousin, "Is the f@#king you're going to get worth the f@#king you're going to get?"
Take care.
The UAW will wait until the big 3 get their 50 billion, then move in for their cut.
How true. These moronic UAW people have watched the US auto industry hemorraging money for at least a decade. They refused to acknowledge that the economic times had dramatically changed and did nothing until GM, Ford, and Chrysler were literally down to their last fincnacial gasp. Now that genius Goettelfinger, apparently given a not so subtle nudge by Congress, announces that the UAW might deign to re-evaluate the terms of their labor contract.
The UAW will prove institutionally incapable of agreeing to the changes required to return the auto industry to commercial health.
Given the current political tenor, the upshot of any government bail-out will likely be the ultimate nationalization of the domestic auto industry, which will then inevitably come to be operated as a gigantic social program. Think UK auto industry here, ladies and gentlemen - a long, slow, government-funded death spiral into the toilet of commercial oblivion.
A declaration of bankruptcy, with all its disconcerting consequences, is IMO the preferable solution.
Aren’t they late? Why did’t they do this before the last Big 3 trip to DC? This is disgraceful.
Perhaps their pensions are linked to the goose too?
thanks for the education...you may well be right! :)
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