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Between GM and the UAW, they can't hold out for a few months?

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European Socialist Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 09:52 PM
Original message
Between GM and the UAW, they can't hold out for a few months?
Why even bother with Bush and Repukes for a bailout when it will be much easier in a few months. How about a little creative accounting?
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 09:54 PM
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1. Two months and a week to be exact.
They will have to hold out. It is not worth it to the UAW to have the bail out if the price is passing the Columbian Trade Agreement. Labor cannot afford another trade agreement. Bush has demanded too high a price.
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 10:07 PM
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2. The creditors may be willing to hold out for a new Administration
I don't think they want a bankruptcy either.
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DireStrike Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 10:09 PM
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3. The only question to me is whether the CEOs will run the companies into the ground
To spite not being able to cut off the union at the knees.
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 10:25 PM
Response to Reply #3
4. those guys have to go...
there are guys out there that can turn these companies around...
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European Socialist Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 10:29 PM
Response to Reply #3
6. Boy, I'm not even that cynical.
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 10:26 PM
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5. Perhaps, and hopefully President Elect Obama has told GM they are going to have to own their failure
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