Thursday, April 30, 2009

uaw and treasury

Playing with public funds to buy Chrysler and and General Motors for the benefit of the UAW and the votes they will bring. It would be cheaper to pay each UAW member 300,000 each and tell them to retire. We are going to be on the hook for years to come pouring money into failed companies attempting to keep them alive at taxpayers expense and giving them an unfair competetive advantage over the only solvent american auto company, Ford. I would love to sit in the conference room when the UAW bargains with itself over wages and benefits. Under the government plans the UAW will be a 40percent owner of GM , the government a 50 percent owner and the taxpayer a never ending source of bailout funds for these elephantine monstrosities.


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