No one cares about the hundred thousand plus average workers in the banking industry who lost their jobs, their investments and their insurance. I’m not talking about the fat cats. I’m talking about the regular 9-5 office worker. The banks got their bailout and the workers still got laid off. Who is to say the same won’t happen to the auto workers?
Yesterday I spoke with a friend who worked (past tense) for Chrysler until a few weeks ago. He specialized in torque converters and computer controls to make vehicles more fuel efficient. He was offered a buyout and took it. He told us that by the time he left, the "brain drain" left Chrysler with no talent to even *think* about new products and new technology to attempt a recovery.
This could be the beginning of a whole new "North v. South" war. This time the union WILL lose (I hope!).
Prolly because they’re unionized and the bank people weren’t.
Ofcourse it's going to happen to the auto workers. Workers in Mexico and SA get about 90 cents an hour