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To: meyer
"The poor management of GM, Chrysler,..." Ahem... UAW ....Ahem

Who signed those contracts?

The UAW, for most of its existence, had no better friends than Big Three senior management.

20 posted on 09/26/2009 5:44:48 AM PDT by Jim Noble (I hope Sarah will start a 2nd party soon)
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To: Jim Noble
Who signed those contracts? The UAW, for most of its existence, had no better friends than Big Three senior management.

I've seen it at other public corporations. Senior management would rather kick the problem down the road, and preserve this year's stock options and bonuses for themselves, than do their duty to their stockholders.

22 posted on 09/26/2009 5:54:27 AM PDT by PapaBear3625 (Public healthcare looks like it will work as well as public housing did.)
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To: Jim Noble
Who signed those contracts?

What choice did they have other than leaving the country? You seem to think that unions negotiate from a position of equality. They don't - the government has given them the upper hand, and the results are predictable.

24 posted on 09/26/2009 6:03:57 AM PDT by meyer (Do not go gentle into that good night - Rage, rage against the dying of the light.)
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