Well would you believe that the Senate Republicans finally found their backbone when it came to a bail out? It is too bad that they couldn’t have had a backbone when it came to bailing out the mortgage industry but it is still a start.
The auto industry bailout bill was stalled in the senate today by Senator Mitch McConnell and other Republicans. The GOP is seeking sweeping UAW concessions up front to the Big Three before they would support any bill to bail out the auto industry.
Yesterday the White House sent one of their own people down to the capitol in an attempt to persuade the Senate Republicans to come on board with the White House. Apparently the minority party in the Senate led by Mitch McConnell gave the poor guy an earful. Richard Shelby of Alabama who is another very vocal opponent of the bail out was also in the meeting.
The truth is, is that the Republicans in the Senate do not want the Big Three to fail. However they do not want to throw good money into an enterprise that is doomed to fail. As long as the Big Three continue to have to pay the exorbitant costs of labor that the UAW demands, things in Detroit will not get any better.
Like these Senators who have stalled the bill and demanded UAW concessions I am all for the American working man getting paid a decent wage, paying his bills, and giving his family a decent life. I just don’t think that the UAW is any longer a viable entity. Like all dinosaurs it should fall into extinction and disappear.
Many of the foreign auto makers who have taken up residence in the southern states where there are right to work laws have been very profitable. A large part of their success is due to the fact that they don’t have to deal with things like the UAW. Their workers make decent wages, enjoy benefits, and help to keep the economies in those towns lucky enough to have one of their facilities in the black.
That’s it for today my friends, I am sorry this post is late. I hope you all have a fantastic evening, CIAO4NOW!!!!!
P.S. Don't forget to vote in the poll to the left of the page. Sunday is the last day before the poll closes.
Labels: UAW
All I can say is that it is about time someone on Capitol Hill got some backbone!
Anonymous said...
December 12, 2008 at 2:03 PM