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To: Lizzie Tudor who wrote (162926)11/8/2008 9:05:23 PM
From: CBurnettRead Replies (1) | Respond to of 306849
 
Lizzie, I'm curious what the Democratic congress has done for us the past two years ? I don't see much coming from either party. Thanks



To: Lizzie Tudor who wrote (162926)11/9/2008 9:52:49 AM
From: Dan3Read Replies (1) | Respond to of 306849
 
Re: personally I would have liked to seen GM go under years ago.

A social contract was developed in this country in the 50's that blessed/cursed American Auto producers with a monopsony labor supply and a monopoly in the auto market. Moving into the 70's, their monopoly market was taken away, but their monopsony labor supply remained - but only for them, not for their competitors.

That they've done as well as they have while facing competitors that had much lower capital costs, much lower labor costs, protected markets from which to launch and subsidize their American products is nothing short of a miracle.

GM executives have not followed the practice of the Silicon Valley and Bond market swindlers of embezzling multiples of their company's earnings as "bonuses" while shafting their investors and production workers.



To: Lizzie Tudor who wrote (162926)11/9/2008 9:56:40 AM
From: The ReaperRead Replies (4) | Respond to of 306849
 
Let's not forget that Obama is from the Chicago political machine. There won't be many reforms that save us money from him. I wish there were answers to this situation. I also wish that somebody would come up with original ideas on how to help this mess reach its conclusion.



To: Lizzie Tudor who wrote (162926)11/9/2008 10:19:00 AM
From: Jim McMannisRespond to of 306849
 
Sorry but it looks like you and I (taxpayers) are going to fund the nice UAW healthcare plan. Nearly as good as Congress'.