That in response to this:
It's not responsible to insist upon contracts that are economically unsustainable.
"Can not work?" I think you're implying that if the UAW doesn't agree, it ain't gonna happen. It's pretty clear what place they see for themselves in this.
The UAW is not the arbiter of the possible and impossible. I think there's an excellent chance that the UAW, through their hard ball tactics, has put Chrysler out of business. The Treasury plan hasn't been announced yet, but I believe it will acknowledge that Chrysler is not a viable business and has no future plan...that would have been avoided for awhile, at least, had the UAW allowed the Senate plan. Kiss another 40,000+/- UAW members goodbye. Now, THAT'S karma...and poetic justice.
Then you do not understand what is going on...and what I'm saying.
Nobody can force the UAW to do anything. They can stand on their contract while GM and Chrysler file for Chapt 11, because the Treasury wouldn't allow the UAW to dictate the terms of the potential bridge loan.
The UAW had dictated to the Det 3 for the last 60 years. They dictate to a lot of RAT politicians. They don't dictate to the banks, and I don't see where they are going to dictate to Treasury,
The UAW will not dictate the terms of rescue. The entity providing the funding will.
Should the UAW blow things up (rhetorically speaking) and strike a company in BK, they will lose what little sympathy they currently have. The judge will void the contracts.
It's one thing to ask for help. It's another thing to ask for help when injury is self inflicted.
It's quite another when help is demanded and the person suffering from self inflicted injury refuses to stop doing it.
Good luck with that. We'll see if the BK judge buys it.
The point is not if the contracts are workable. I have no doubt they will be changed, but whether Gettlefinger could change the contracts personally. He can’t. The GOP new this. This is why people in my area are so angry. It was disingenuous and showed they were not really trying to reach and agreement. The White House studied the laws which is why this was placed in the loan agreement as a target.