Wednesday, November 19, 2008

Democrat Congress Stalling The UAW Bailout On Public Pressure.

The bold leadership of the Congress of the United States has a slew of newly-renamed post offices. And a destroyed national economy. Really, that's about all the Democrats have managed to accomplish.

They wanted to give the United Auto Workers union Big Three carmakers a few billion more of my your our grandchildrens' dollars. The UAW's friends the Democrats would have kept paying the current, former, and un-needed auto workers for a few more months, and then the big 3 would go bankrupt, led by GM. The companies would be forced to restructure and become somewhat more efficient than having a 40% higher personnel cost than the local competition. But for some reason the stupid electorate is calling, saying they don't want to pay for it.

The UAW refuses to blink. This is the cause of the destruction of the US auto industry. The Bush administration refuses to admit that the union has gone from Necessary to Evil, so Dana Perino says "If Congress leaves for a two-month vacation without having addressed this important issue ... then the Congress will bear responsibility for anything that happens in the next couple of months during their long vacation,"

Uh, no. The union has prevented supplier integration and about a zillion efficiency improvements, and insisted on benefits for the UAW members that are way past "borderline ridiculous" and well into "outright suicidal". They continue to bite the hand that feeds, and now GM and possibly Ford and Chrysler is going to go down, hard. Laws and regulations preventing the closing of automobile dealerships are going to mean bubkis when the parent company goes out of business.

And then what happens? 3 Million Jobs Lost In 2009?

NO.

The airlines that went bankrupt, are they shuttered or are they still flying?

Oh, that's right.

The auto companies that don't survive in current form will reorganize and continue making cars. It is to be hoped that, unlike the airline industry, the auto industry turns around and tries on a PROFITABLE business model, but they may not. At this point, it looks like a matter of when, not if, this will happen. The sooner it happens, the sooner recovery can begin, for GM and the USA as a whole.

It looks like the house of cards is finally collapsing, and those who were profitable before will have a hard time, but those who had moronic business models will be blown away like chaff, and good riddance.

Oh, I almost forgot the reason I started this post:

UNION MEMBERS: Do you remember who was supposed to be your best buddy, Republicans or Democrats? And on whose watch is this million-union-jobs-lost turnaround happening?

THE DEMOCRATS! Remember that in November, 2010, won't you please?

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