The big three

Vedder316

cincybearcat wrote:

Where was the government bailout of the steel industry?

That certainly destroyed towns, etc as well.

Bailouts only push back the inevitiable, unless the business changes entirely.

Well said!

Commy

Kel Varnsen wrote:

Personally I don't really care about the autoworkers union. A few weeks ago in Canada, a tv call in show had a president of one of the Canadian CAW locals on, since Canada is considering possibly giving a bunch of money to the auto industry. It was insane how entitiled this guy was. Someone actually phoned in and asked how he can justify the insane amount of benefits that members get when the company is failing (the example used was free legal services for retired members who want to write a will). And the CAW guys reply was basically that non-union people are just jealous and wish they could get the same benefits. If those guys lost their jobs I would have not a lot of sympathy, because I think for the level of skill they have they have had it way too good for way too long.

Personally I think instead of giving money to failing companies, give the same amount of money to successful companies, to expand their operations. If you need to keep it in the auto industry give money to Honda or something and tell them to expand their Canadian operations. When GM goes under give them the option to buy up their facilities. Or just pick any successful industry and give them money (hell give the movie industry more money to produce more movies).

So instead of giving benefits to the wokers that actually run the company what should they do? give the benefits and the money saved to the fuckers that own the company?

pateljam

Wondering.... since Chrysler is privately owned should that company be treated differently than the other two... I am not sure...