Thursday, November 20, 2008

Arrogance of the Big-3 and UAW

The UAW arrogance in the form of its President, Ron Gettelfinger, said that its not the union and its members fault that the Big-3 are in trouble that they should not have to take wage and salary reductions to get the bail-out from Washington.
 
He even went as far as to say he hoped that the Big-3 could hold out until the BHO administration came to Washington since the Bush-43 administration isn't interested in helping Detroit out of this problem.
 
I CAN'T BELIEVE THE CAHONES OF THESE PEOPLE!!
 
It sounds like they deserve the money and they need it to pay their non-competitive salaries and benefit packages. Google the auto industry problems coming from the union contracts if you want the details. They are all over the Internet.
 
Capitalism says companies fail because of either two reasons:
       Bad decisions by management
       Bad products and services
 
Public money should not prop up companies that find themselves in these situations. Let them go and let the remains be purchased and utilized by someone that can make it work. It's not impossible as other car companies have shown.
 

No comments: