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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (439905)	12/12/2008 11:32:26 AM
From: tejek	Respond to of 1574839

I think the Republicans are playing a very dangerous game with this Auto bailout. I think the Unions are playing a dangerous game. Game of chicken. They wanted to see if they can get the money without making any real concessions. They lost that "game" for now. What game of chicken? Bush told the GOP senators that if they didn't vote for a loan, they would take the money out of TARP. It was meant as a threat.....instead it gave the stupid GOP senators an out. GM will get its money but this country is quickly losing what little faith it had in its leadership. I hope that its another nail in the coffin of the GOP, a party that should go quietly into the nite.

To: Joe NYC who wrote (439905)	12/14/2008 12:03:17 AM
From: RMF	1 Recommendation Read Replies (1) \| Respond to of 1574839

I think the Unions will be FORCED to make major concessions, but it will probably have to come gradually. It looks like Bush will provide the cash the automakers need to stay alive until Obama gets in and then the Democrats will make sure they continue to stay alive. A a bailout of the Auto Industry in the short term will probably be a lot cheaper than supporting the "millions" of unemployed if they went under. I agree that the Unions have pushed things too far, but it doesn't help that the guys at the Top have also overindulged themselves. The CEO of Toyota makes $1 million a year, but the CEO of Ford makes $21 million a year? There's somethin' wrong with that picture.