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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (171340)12/18/2008 10:01:57 AM
From: Oral Roberts  Read Replies (2) | Respond to of 225578
 
Anyone want to bet that the union members still get paid while plants are idle? Paying people not to work makes conserving cash much more difficult.

Yep. One of the many reasons that giving them money is insane. GM loses 4055.00 on each vehicle it sells. We would be doing them a favor to prevent them from making vehicles. Until they have a plan to change that equation they are bankrupt no matter how much money we gift them.



To: Peter Dierks who wrote (171340)12/18/2008 10:10:17 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 225578
 
I think we'll get a well handled bankruptcy that will break the unions - then the auto industry will recover. I'm all for people making money but this has gotten a little out of control