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

To: Joe NYC who wrote (439926)	12/12/2008 10:29:24 AM
From: i-node	Read Replies (1) \| Respond to of 1573824

I feel the same way. There was another article, saying that GOP asked that wages of Big 3 be brought in line with the transplants (still very generous $40s per hour including benefits) but UAW refused. They need to realize that the days in which the UAW can strongarm these companies has to come to an end. I think it is now. UAW is in a tough spot here, and they have to know that. With the Republicans, correctly, standing up against the bailout, the other choice is Chapter 11. It they don't make the decision to accept more reasonable pay, some bankruptcy judge is going to make it for them. No sensible lender or consortium of lenders is going to fork over more money to these companies only to have it handed over to the sinkhole UAW. I consider this a win.

To: Joe NYC who wrote (439926)	12/12/2008 3:30:52 PM
From: tejek	2 Recommendations Read Replies (1) \| Respond to of 1573824

As a taxpayer I'm ready and willing to help -- but only when the UAW agrees to take serious cuts from the $150K/year labor cost they have saddled the auto industry with. I feel the same way. There was another article, saying that GOP asked that wages of Big 3 be brought in line with the transplants (still very generous $40s per hour including benefits) but UAW refused. Tell the truth joe. The issue wasn't whether the union would agree to bring their wages into parity with the non union workers. It was when.....apparently, the GOP senators from Toyota, Nissan, and Hyundai would not budge on the date.