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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (440316)	12/15/2008 10:04:20 AM
From: i-node	Read Replies (1) of 1573686

At the bottom of the 8th, Corker is on base, Bush is on base, the UAW is on base, and its only your senators and their friends who are striking out. Hopefully, that will change in January. It wouldn't hurt to call your senators and tell them how you feel. Right now, they are hearing only from those who are opposed to the auto loans. I'm not sure your baseball analogy holds. Corker was on FNS yesterday and basically said, "We had the bondholders willing to accept a 70% cramdown, yet the UAW would not even come to the table." UAW wouldn't accept ANYTHING -- NO cut of any kind. He said he called up the UAW guy and pleaded with him, told him the bondholders were agreeding to a 70% cut, and all UAW had to do was to accept parity with the labor costs of Japanese manufacturers. Further, he's willing to allow that parity to be determined by an Obama Secretary of Labor! The UAW wouldn't budge. I'm sorry to say it but if they lose their jobs they deserved it. They have nobody else to blame but themselves for allowing this worthless union to take them down the primrose path. These are not layoffs we're talking about. When they lose their jobs this time, they're out for good. Wards of the state.

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