Don, We each have our own political opinions and ideas, but we try as best as possible to leave them out of automotive news. While the bailouts were contentious political events, and I'd not like to get into that, in the very least, tens of thousands of Americans kept their jobs at the height of the recession. That's worth noting, and is something to root for.
Report: Chrysler, Ford Not Interested in GM's Cookie-Cutter UAW Contract
The National Highway Transportation Safety Administration is delving deeper into an investigation involving...
Well said, Al. Thanks for your feedback. But in your opinion, how do we get back being in "better shape?"
Not too many jobs out there where you can earn $50 an hour and still produce inferior products. I think the UAW is pushing too hard, no wonder many companies outsorce to overseas. Seems like most countries overseas, the employess have much better work ethics and are happy to have a job at even half the wages we pay overhere. Our country has gotten greedy, the worker wants more, the owner wants cheaper labor so they can make more. Our country was in much better shape when we didn't outsource jobs and we where paid on production and loyalty to the company you worked for. Where is the loyalty now? Employers think they can replace a worker at the drop of a hat, the employee will leap ship just as quick over a small indifferance
Dear Sirs: The bankruptcy at GM was a complete farce and in many peoples opinon,totally illegal. The bond holders and stockholders got royally screwed by basically the Government and their Democratic Buddies. One of my friends is a top bankruptcy expert and teaches this subject and he indicated to me he not buying any stocks due to what the government did with GM. The unions received a share of the new company far,far in excess of their claim while the stockholders and bond holders got far,far less than they were entitled to. The unions should be kissing the ground that they received what they did in the bankruptcy. I would ahve given them nothing, It is all a matter of time when they will go bankrupt again. People also do not realize that us the Taxpayers till own a large portion of GM and we are far,far underwater on our ownership. I blame this 100% on Obama and his (Liberal Union Loving )administration and I am an independent who voted for Obama in the last election. Never again.