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


To: J_F_Shepard who wrote (668784)8/23/2012 4:28:59 PM
From: joseffy  Respond to of 1579788
 
Obama will save us from the evil capitalists at Bain — except for his own Bain bundler Jonathan Lavine, who was managing director during the layoffs Obama keeps bringing up, of course.



To: J_F_Shepard who wrote (668784)8/23/2012 4:30:18 PM
From: i-node  Respond to of 1579788
 
>> ..auto sales are booming...

It doesn't matter. At all.

It's hard to avoid the conclusion that GM is bleeding money because of decisions made by a management eager to please its political masters -- and by the terms of the bankruptcy arranged by Obama car czars Ron Bloom and Steven Rattner.

Rattner himself admitted late last year, in a speech to the Detroit Economic Club: "We should have asked the UAW (the United Auto Workers union) to do a bit more. We did not ask any UAW member to take a cut in their pay." Non-union employees of GM spinoff Delphi lost their pensions. UAW members didn't.


townhall.com