Job workers brawled in western Michigan today as the auto industry continues in its death throws. Meanwhile, the Obama administration pushed plans to use bankruptcy filings for GM and Chrysler to free the companies of their retiree entitlements. The plan seems to be to see Chrysler sold to Fiat and GM re-formed under additional Government loans. Meanwhile the job losses continue to mount with no end in sight.
Update: Youtube link is dead, but there’s a video from the news station available here.
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Posted under Economy
Written by admin on March 30, 2009
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Good let the fat be cut so the rest can keep their jobs! I write about this today, too.
Yeah thats what we need. Lets sell one of the big three to a foreign auto maker. No other alternative was provided. This sucks thanks Dumb ASS!
Though I do like the bankruptcy part because the UAW babys are gonna take a hit either way.
Maybe now they’ll have to change their own diapers.
Actually, Chrysler is trying to sell itself to Fiat, one of the world’s largest carmakers.
I think without the high labor costs, the Big 3 would not be flourishing but would not be close to BK the way they are now.
They flew out to DC and got on their knees and said ” Please give us money ”
They deserve whatever happens to them. The better company and the better business plan should move forward.
This is what made America great, not paying a person $74.00 an hour to tighten lug nuts
I was interested in learning more through the link you provided and the YouTube clip, but neither of them work. Just thought you might like to know.
Thanks for the heads-up. Fixed the first hyper link, I’ll have to dig around for another video.