Did I miss the bailout thread?

If they are not proving viability, they won't have any money to pay back the loans.

 

If they sell in bankrupcy they will, all that land , buildings and machinary has to be worth a lot.

 

I doubt that they would sell it all off in bankruptcy though. I can not see the industry ceasing to exist. I would expect some sort of reorganization in bankruptcy with the companies emerging from it without the burden of UAW demands.

At least that is what I would like to see.

 

Hopefully, unions will start to regain strength in this country. Perhaps getting the Employee Free Choice Act passed and signed into law will help.

I think that the UAW is quite willing to work with the domestic automakers to get a deal done and save them the companies from liquidation. If things don't work out I see liquidation as more likely than bankruptcy.

 

The UAW let any deal fall through because the refused to give immediate concession. They are not willing to work to save anything.

 

That is not true. I see no problem with giving the workers a chance to adjust to lower wages and/or benefits over a period of months. The government can definitely help to bring this about.

 

The UAW is not willing to work the the automakers at all. They are one of the reasons that the industry is in trouble. The ridiculous demands they put on the companies to pay for their workers and provide benefits have left GM, Ford, and Chrysler in a bind.

There was a time that the unions were need. But they have outlived there usefulness and now are a problem.

 

I couldn't disagree more. Without unions the living standards in this nation will degrade to those of third world countries, certainly to that of second world countries.

It is not a true statement to say that the UAW would not work with the domestic automakers at all.

As I said, hopefully, unions will be finally be given a level playing field through the Employee Free Choice Act next year.

 

lol. I live in a country that is more unionized than the USA. There is a union for everything, and I can tell you that the standard of living is not like that of the United States.

The recent history of the UAW is that of making demands from the companies and an unwillingness to make concessions.

I remember that when Delphi was in danger financially not to long ago the company wanted to cut wages, but the union threatened a strike it they did. Seems illogical to me. Don´t cut wages and let the company sink and lay off a bunch of employees instead of cut everyones paycheck and fire no one.

 

We have already learned in our nation's history how workers fare without unions at the beginning of the industrial age. I hope we don't have to relearn this lesson.

 

JC was correct when he said the unions are irrelevant. There are far to many laws on the books that were not at the beginning of the industrial age.

 

Well, I am on the side of those who support making unions relevant again. Leveling the playing field by passing and signing the Employee Free Choice Act would help greatly in this regard.

 

No it won't.

Instead it will cause people be even more suspicious of unions.

True Americans cherish their private vote and object to the intimidation tactics of unions chasing down and threatening those who vote against them.

It will backfire. Only a thouroughly crooked and dishonest organization would reauire individuals to vote publicly . That has long been the tactic of some of the most repressive and evil political regimes in the history of the world. It's no surprise unions prefer it.