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Friday, March 27, 2009


In case you thought only Republicans hate auto workers

You'd be wrong. President Obama "said if the companies were 'not willing to make the changes and the restructurings that are necessary, then I'm not willing to have taxpayer money chase after bad money.'" And by "changes and restructuring," of course he means more pain for the workers. More breaking of those "sacrosanct contracts" in order to cut their pay, and then there's this:
Companies also must persuade the United Auto Workers to take equity in exchange for half of the payments the companies must make to union-run trust funds that will take over retiree health care costs starting next year.
Guaranteed retirement health care? Forget it. Instead, you get to visit the large casino called the stock market and place a bet on GM and Ford stock.

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