I can’t answer the question about the auto bail out as well as most of you have, but I do have a comment on it.
I own 3 GM Products, I have always been a GM fan, but wasnt the last vehicle they released a gas gulping SUV type of vehicle, what is that all about, are they that out of touch with what this countries not only wants, but needs. We dont need another new SUV on the road, and are not the workers there being paid about 40 bucks an hour for what most Americans claim to be sub standard work.
I am often told I’m crazy for buying American made cars, because foreign cars are built much better. Hell, I bet the streets would be lined up with people willing to do the same job, maybe a better job for half of what these people make now, plus the great health care and pensions they make and then they go on strike for MORE ???????
I vote a BIG NO on the bail out, but if there is a bailout, then Madam Pelosi should put some type of stipulation in the bill that states Tax paying Americans should get a special tax credit for buying one. From top to bottom they all are over paid and so are the union reps that take their money, ever see the offices these union guys have lol, there was a time when they helped this country, but now they are in bed with management and what all the non-union ppl said would happen, has happened. They priced themselves out of the industry.
I love Chevys and have had union jobs all my life, but there are way too many non union workers busting their butt for peanuts getting one forth of what these auto people make, talk about the little guy, thats the little guys, who is helping him. The janitor mom holding two jobs make nada while some union line worker is making 3 times as much in one job, while she has to work 2, hell no, I’m not for a bailout for the auto workers , the management or their unions.