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12-15-2008, 02:43 AM #16
Senior Member
UAW's actions force bailout to die in the Senate
"The UAW decided not to renegotiate their current labor contract, where the act of doing so is not impossible."
- it was impossible in the deadline required to get republican approval of the bailout
"As Ron Gettelfinger squabbles about fairness, millions of UAW members slide closer to unemployment... It seems that what is important to Gettelfinger conflicts with his constituencies best interests."
- i agree and so does mr gettelfinger who said last week: ??Concessions, I used to cringe at that word. But now, why hide it? That??s what we did.?...the squabblers were in the senate whose sense of fairness was unbalanced:
http://www.nytimes.com/2008/12/04/bu...prod=permalink
"Nobody is selling cars like its 2004, the behavior of the consumer is in hoard phase."
- the foreign automakers were selling cars like it was 2004 for *years* after detroit saw their sales slide...detroit is begging for a bailout while the foreign automakers are not because detroit is poorly managed...nobody is selling as much cars now that the bush administration kickstarted a global economic crisis, but the foreign automakers will likely survive the downturn without passing their begging buckets for a whip-round
"GM Pact leaves GM at Cost Disadvantage Sep 26, 2007"
- that's last year's news...the UAW made significant concessions since then
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