Off-Topic: Should the government bail out
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Name:   Council Roc Doc The author of this post is registered as a member - Email Member
Subject:   Should the government bail out
Date:   11/10/2008 11:41:00 AM

An interesting fact is that $2300 is added to the value of a new car sold just to pay for the UAW mandated lavish pension obligations, healthcare etc to 780000 members. The american consumer is adamant that they will not pay a price tag that is pension inflated. Bankruptcy is a realistic option, as Ford and GMC will run out of capital by spring. The only other option is to sell assets.

If a bailout becomes reality, it should be required that the UAW forgo their reluctance to free trade. Excessive tariffs have dramatically closed markets that have been kind to the automotive industry. But Obama has a debt to pay to the unions, so I would imagine that free automotive trade will be off the table. Just attach another government leech to my wallet......
Other messages in this thread:View Entire Thread
Should the government bail out - Talullahhound - 11/10/2008 9:07:16 AM
     Should the government bail out - water_watcher - 11/10/2008 9:24:05 AM
          Should the government bail out - Freshwater Bay Girl - 11/10/2008 9:48:41 AM
               Should the government bail out - mbk - 11/10/2008 10:19:32 AM
                    Should the government bail out - water_watcher - 11/10/2008 10:39:41 AM
                    Should the government bail out - mbk - 11/10/2008 7:59:13 PM
               Should the government bail out - Council Roc Doc - 11/10/2008 11:41:00 AM
               Should the government bail me - Freshwater Bay Girl - 11/11/2008 7:57:14 PM
          Should the government bail out - StrunkWhite - 11/11/2008 1:18:17 PM
     No!!! Unless... - AUCATZ - 11/10/2008 10:25:27 AM
          Two Observations - Talullahhound - 11/10/2008 12:04:35 PM
               Two Observations - water_watcher - 11/10/2008 2:14:16 PM
     NO!! - Swimmer27 - 11/10/2008 1:22:14 PM
          Make sure you contact you - Freshwater Bay Girl - 11/10/2008 8:31:46 PM
     Should the government bail out - CAT BOAT - 11/10/2008 9:50:11 PM
          Should the government bail out - Swimmer27 - 11/11/2008 6:21:35 AM



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