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

To: tejek who wrote (584416)	9/5/2010 5:01:26 PM
From: Brumar89	Respond to of 1583406

No, but screwing the bondholders on behalf of the UAW does.

To: tejek who wrote (584416)	9/5/2010 5:01:56 PM
From: TimF	Read Replies (1) \| Respond to of 1583406

It isn't evidence for that idea, but its not significant as evidence against the idea either. People often get angriest at people they are closer, including those they "are in bed with" either literally or figuratively. I care more about their actions than their words, even in terms of trying to figure out their motivations. And I care more about the actions than their motivations. The fact is that whatever emotions or motivations they might hold, they intervened heavily in to the bankruptcy process to help the UAW ad the expense of the senior creditors, and at the expense of GM's long term interests. They might have done so because they care about unions so much, or they might hate the UAW, but decided to support its interest because unions are powerful in Democratic party politics, and they wanted the UAW (and other unions to the extent their actions would be effected by this case) to be firmly on the Obama administrations side. But whether its love of the unions, fear of the unions, cold political calculation, or being deceived by the unions, the motivation was less important than the action.