Posted on 11/17/2008 9:26:39 AM PST by TigerLikesRooster
Toyota, BMW, Hyundai Workers' Senators Oppose Rescue
Payoff is supposed to be universal health care, so the UAW can shed that liability. Democrats are desperate to keep them solvent until universal health care can be passed. That's why they aren't even waiting until O is sworn in before pushing the bailout. The clock is running out faster than the UAW and their Democrat flunkies thought.
6 months might be enough time for Democrats to pass universal health care, so the Big 3 can shed its health care obligations to UAW members and retirees. Kudos to Kyl, Sessions, Inhofe and the other GOP Senators who are calling this what it is.
This is why I buy Toyota.
Better cars, and they employ a ton of people in NON-UNION states.
Detroit fought putting pollution controls on cars till in 1974 it had to and the technology was terrible. Gizmos and solenoids and mechanical sensors made starting a car an iffy proposition. And if following instructions didn't work (and often it didn't) lifting the hood an hitting a reset button was the last resort.
But the 1975 models had better equipment and were light years a head of 74’s. Loved my 75 LTD.
I bought a new 70 Nova. Nice car but no brakes to speak of.
A couple of hard stops and fade was so severe that it was like having no brakes at all.
But that was along time ago.
surprise, surprise!
/s
good analysis
elections have consequences
UAW delivered bigtime for Baraq and Company
Now they get their reward
Ohio is pivotal for any Prez election - and #2 after Michigan in the UAW ranks
Yet not a single word addressing the fact that Japan, Germany and Korea all pay for their employees health care coverage and pensioner’s costs, so their auto manufacturers don’t have to add that cost into their products.
No, I’m not for an auto bailout. I think the best thing for them is to declare bankruptcy and force the UAW into concessions. That said, it is a fact that if the Big 3 had Uncle Sugar paying all of their employee’s and pensioners health and pension benefits, they would have be making a couple of thousand more per vehicle than they are.
Just clearing the air.
“Yet not a single word addressing the fact that Japan, Germany and Korea all pay for their employees health care coverage and pensioner’s costs, so their auto manufacturers don’t have to add that cost into their products.”
I don’t know about Japan and Korea, but in Germany it is the employees and the employer that pay most of the health care and pension costs 50:50, though it is true that there is a tax-payer funded boost to pensions, if needed.
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