Should the US bailout the big three automakers?

[RodKnock]

Originally Posted by Bobcat

Absolutely not ! This would really be a bailout of the UAW .... and they are to a large degree the cause of the problems .Wonder why GM pays out $11,0000,000 / yr on their medical plan for Viagra ?? Part of the union negotiated benefits package . This would also be a payback to the unions for their support for the Democrats in the election . Chapter 11 would NOT cause the companies to close their doors . It would allow them to reorganize , void bad union contracts and evaluate their dealer network . The airlines kept going when they were in bankruptcy .
Where does it all end ?? Who is the next one in line with their hand out ??

+25,000,000,000.

[Ron61]

Fred,


The current and past Union workers have no right to the taxpayers money for their real and imagined self worth.

They will not make any concessions but expect the U.S. Taxpayer to make concessions to them ?

I would like to see Chapter 11 put into play and let these azzholes see how unemployment works for them.

I couldn't agree more. Get rid of the dam union and you will have solved half the problem right there. Sorry to you union guys, but I spent years in the CWA as a steward and officer and I hated everything they stood for until I finally quit. I spent a year going over all of the by-laws to find a loop hole that would get me out of it and once out I wouldn't even talk to them about coming back in. They think they have to have at least $30 dollars an hour to stand around and maybe one out of 100 in the CWA could actually work on a computer a little. Most showed up, went to a break room, and left at the end of the day. I saw this from coast to coast and have no use for unions at all. Once I got out of the dam CWA my pay went to over $100 per hour.

So let the flaming begin.

Ron