CEOs of the Big Three automakers came to Congress, tin cups in hand, to make a pitch for another $25 billion.
The first $25 billion loan for the automakers was signed into law last year for retooling. This time around, the top execs wanted no strings attached, just the money.
not an earth-shattering article, just very well written.
I think this is what most people don’t realize:
“he Big Three’s solution to downsizing and its never-ending job losses? For the past 24 years, all three U.S. automakers had tens of thousands of “workers” sitting in job banks, watching TV, playing cards and collecting 90 percent of their pay. Asks University of Maryland business professor Peter Morici, “Why should a waitress in Indiana have her tax money sent to Detroit to subsidize that?””
Why do they get to sit at home and I have to go to work? It’s all the UAW’s fault, they’ve beat their golden cow into a bloody pulp and now want another. Fuck ’em
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