Originally Posted by
Dave Severson
I think the whole bailout thing is kind of like a fashion trend or a fad, maybe???? Still can't find a listing in DC for the Department of Bailout, I could sure use a few billion to help with our racing budget!!!
The banks got their big bailout, seems like they're just sitting on the money....If the big 3 have such a workable plan and it's a slam dunk for an istant return on investment, why don't the banks loan them the money???
I figured all 3 would welcome restructurring under Chapter 11, would give them a chance to dump the unions and negotiate with workers based on productivity, attendance, job improvement recomendations and things that might actually make a difference!!!!
I respect the unions for what they helped to accomplish making working conditions better and safer for workers, but haven't they really outlived their usefullnes now??? Friend of mine, retired about 5 years, was a UAW member for 30 years...not by choice but because he was more or less forced to belong... His opinion was that the UAW's main purpose was to protect the slackers and hold back the go-getters!!!! Having never been in a union I would have no idea if that is true, but it's what he's been saying about the union for years.....