timeless

When Will GM Hit Zero?

This is a great idea. Let the UAW prove themselves. The only problem is that the Obamanation Administration would continue to keep the UAW's new company on taxpayer life-support forever.


On Feb 16 07:34 AM Roger Knights wrote:

> GM should be given to the UAW, along with a sufficient grubstake
> to keep it from going under in the near term. The UAW has blamed
> management for GM's troubles and portrayed themselves as blameless.
> Well, let's give them a chance to put that to the test.

Detroit is Hemorrhaging

If a bailout of the big three begins now, and GM/Ford/Chrysler and the UAW do not make major changes to become competitive, they will need to be on government life support forever. They are obviously doing something wrong. Why are the foreign owned auto manufactures in the US not asking for a bailout? Why favor one employer of Americans over another? Could it be the UAW political contributions to our government representatives?