[bruinbirdman]

"I am not willing to endorse socialism in order to “save” something that CANNOT BE SAVED. The American car industry is DEAD or nearly dead, and it is the UAW that has had more to do with its demise than nearly anything else. Sure, you hear the union people all the time lamenting it is poor management that has done it."

An interesting experiment in the flaws of socialism, share the wealth. The union demanded it, fought for it with revolutionary ferver. They demanded unrealistic shares of profits to the point of confiscating all profits and stealing others profits (confiscating the bonds) even to the point of confiscating the assets of the company built with others profits from their labors.

The government is as much to fault as the union. It promoted the Grand American Automobile Experiment.

That experiment lasted about as long as the Soviet Union and failed for the same reasons with the same results.

yitbos

[rlmorel]

"...That experiment lasted about as long as the Soviet Union and failed for the same reasons with the same results...."

Oh, how I hated to read that.