Senate reaches tentative $14 bill bailout for auto industry, and then it died

[frostedflakes]

IIRC the wage parity is going into effect in 2011 when the old union contract expires, so the contention is basically 2009 vs 2011. Seems like a pretty minor concession for the UAW, but oh well, obviously they're not budging. Sounds like the Bush admin will help out the automakers, and worse case scenario for them would be Jan 20, as I'm sure assistance for the automakers would be Obama's #1 priority once he's sworn in.

 

[Eeezee]

Originally posted by: KK
why did they give 700 billion to the banks? Why did you vote for someone in November who voted for that bailout?

Now that's just dishonest; both major candidates voted for the bailout, but it's possible that I voted for a 3rd party candidate

 

[umbrella39]

Originally posted by: Jiggz
The "thing" died in the Senate because the UAW will not concede to lower wages, yet they want the public to fund them! The bill is padded with Justices' pay raise and something with the transit company. And finally the environmental clauses which are directly against the goal of the Big 3 to survive and make a profit. This thing called Big 3 bailout is nothing but a UAW bailout. What a joke?

Their wages aren't the problem. The job bank and health insurance are.

 

[Modelworks]

Originally posted by: umbrella39

Originally posted by: Jiggz
The "thing" died in the Senate because the UAW will not concede to lower wages, yet they want the public to fund them! The bill is padded with Justices' pay raise and something with the transit company. And finally the environmental clauses which are directly against the goal of the Big 3 to survive and make a profit. This thing called Big 3 bailout is nothing but a UAW bailout. What a joke?

Their wages aren't the problem. The job bank and health insurance are.

yep.
I wish I could get paid 90% wages for not working.