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Virginia A Wolf
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7 months ago
in Bigger Than Detriot’s Fate on The Washington Independent
The Auto Industry will get off its high horse when AIG and all the other THIEVES on Wall St. get off theirs!
Why is it OK for Paulson's friends on the Street to get $$ and MISUSE it? But we can't save workers' jobs?
It's the same old story..the Republicans have always sucked arounfd the rich!
Why is it OK for Paulson's friends on the Street to get $$ and MISUSE it? But we can't save workers' jobs?
It's the same old story..the Republicans have always sucked arounfd the rich!
1 reply
they get paid more than double thatn what the worker at the Toyota/Honda plant get for doing the same thing and even get paid when the plant closes early when the line is stopped to contol output..... The UAW is a big part of the problem....actually it is a huge part of the problem
This is a problem caused by Washington all together on both sides of the fence, it started with the collapse of the available credit, for which the automotive business is structured around....buying and selling of paper, buying and selling of rates etc.....the mortgage crisis is a result of the Clinton administration, "Clinton admitted that himself", it seemed like the right thing to do at the time he said...getting nonqualifying people into mortgages that is..
The big 3 more specifically had a HUGE roll in bailing the US economy out after 9-11 now it is time to help a company(companies) that have helped build this country....this cannot be a windfall or a gift, it has to be a short term loan under strick control...