Posted by
realetybytes on Wednesday, November 12, 2008 9:30:08 AM
...but not before! Unless they file for reorganization to get out from under the ridiculous union deals that are driving them into the ground, not one penny should be given to them. The unions, as usual, are out to destroy another industry. Screw'em! Anyone thinking they can keep paying those rates, fine, but not with our money. Throw out the unions, let the company set realistic rates, then help them. Get rid of the management that made the deals in the first place, they obviously are in the pockets of the union thugs. If the union thugs don't like it, let them quit.
Automakers from all over the world come here and are successful. Only in Michigan, where the Dems kiss the union butt and the Governor raised taxes and drove business out, could such corrupt deals exist.
The Governor promised to fix the local economy by raising taxes, and the state went into the toilet. Now she is promising more tax hikes, because she is too stupid to realize that you make more money when you CUT TAXES! It works every time!
Let the "Big Three" go bankrupt, throw out the unions, and reorganize with people that know what they are doing.
They would be better off closing the plants and starting over down south in business friendly states. Leave the mess to the politicians who created it.