Posts Tagged ‘UAW’
Posted by Eric B. on May 27th, 2009 under Uncategorized Tags: Ron Gettlefinger, UAW, Unions, Wealth Distribution •
5 Comments
I have a hate/love relationship with unions. Surprised I am somewhat sympathetic? Me too. But I saw an interview with Ron Gettelfinger (whom I despise) on CNN and he made the best point in support of unions I had ever heard (paraphrased):
Interviewer: How can you feel that the union employees should receive millions more?
Ron: [...]
Posted by Taylor on May 8th, 2009 under Economics, Obama Tags: Auto Industry, economic crisis, Obama, UAW •
3 Comments
Obama likes to talk up the crisis when it fits his political agenda while at the same time trying to trump up the many benefits of his stimulus package. He recently talked about 150,000 jobs that the stimulus has created or saved. Never mind that more than a 1,000,000 jobs have been lost since he [...]
Posted by Eric B. on May 7th, 2009 under Economics, Government Spending, Politics Tags: 8 Billion, Chrysler, Fiat, Obama, UAW, white house •
3 Comments
“The White House confirmed yesterday that the $8 billion in “bridge loans” the U.S. taxpayer has given to Chrysler over the past six months, including $4 billion in bankruptcy financing, won’t be paid back. Taxpayers also won’t be getting Chrysler stock in exchange.” - http://tinyurl.com/dngtpl
So, President Obama has paid back the UAW for their support [...]
Posted by Eric on December 4th, 2008 under Economics Tags: Auto Industry, UAW •
4 Comments
The three Detroit automakers are going to appear before Congress again with revised plans on how to turn around their companies. It has been well documented that their cost structures are so much higher than foreign auto makers because of management’s dealings with the UAW.
It has been reported that the UAW has made certain concessions [...]