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UAW Heaves Wrench into Gears of Bailout

The bailout was a bad idea from the start but the debate has clarified which party is not going to compromise.

"The group came close to agreement, but it stalled over the UAW's refusal to agree to wage cuts before their current contract expires in 2011. Republicans, in turn, balked at giving the automakers federal aid.

The UAW did not immediately react to the failure of the Senate proposal."

The UAW is firmly entrenched in Denial so the Banquet of Consequences begins. Let the bankruptcy proceed. It will be interesting to find out if GM and Chrysler can stay in Chapter 11 and avoid total liquidation.

HughS



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Comments (15)

UAW is killing their own jo... (Below threshold)
retired military:

UAW is killing their own jobs.

Not suprising.

When everyone is in the democratic mode of thinking "How much of this pie can I get without giving up anything" they will cut off their faces to spite their noses.

Remember, the union bosses ... (Below threshold)
hermie:

Remember, the union bosses aren't going to lose their cushy, well-paid jobs. They aren't going to be voted out, and they aren't going to be investigated for any mismanagement of the union.

The upside is that holding ... (Below threshold)
David Marcoe:

The upside is that holding the line on the bailout has begun the GOP's long road back to recovering its conservative principles.

Hermie -And THEY w... (Below threshold)
JLawson:

Hermie -

And THEY won't miss a meal, no matter what happens to the rank & file.

The unions were useful and necessary in their day, but that day seems to be long gone. Now they can either adapt or die - and either will be painful.

This Chapter 11 re-organiza... (Below threshold)
syn:

This Chapter 11 re-organization will be so much more healthful to the survival of the Michigan auto industry than it would have been if Madam Pelosi's oppressive government forced the Michigan auto industry to manufacture millions of overpriced golf carts known as Smart Cars.

If the Michigan auto industry really had the technology to develop the mythical Green Car then they would not need any bailouts.

Congress needs to get out of the business of believing they know how to condut business; every time Congress is in session America is all the poorer.

Natrually the MSM is runnin... (Below threshold)

Natrually the MSM is running the story THIS way:

[headline]
Cheney: It's 'Herbert Hoover' time if aid to auto industry is rejected
[sub-headline]
Senate Republicans' dramatic revolt against a White House-backed auto industry rescue plan is fraught with political risk.

YUP! Throw Cheney, Herbert Hoover, Senate Republicans and the words "political risk" in the same headline/sub-headline combo and you have your spin: "It's the REPUBLICANS fault!!"

Barely mentioned is the Union's refusal to CONSIDER wage cuts until 2011 (i.e. right before the 2012 election)

Let'em fail.Then the... (Below threshold)
cstmbuild:

Let'em fail.
Then they can get rid of the unions and those ridiculious salaries.
No one bailed out the oil industry in the 80s and millions of jobs were lost. Oklahoma was hit hard. Guess what? The companies consolidated and those with bad plans failed or were bought out or replaced by new companies with better plans. Plus, Oklahoma learned to not be so dependant on one industry.

You know the unions are hop... (Below threshold)
cstmbuild:

You know the unions are hoping by 2011 the economy is booming or the public will have forgotten about the "agreement" and they never have to sacrifice like the rest of us.

Well, next goes the auto-pa... (Below threshold)
jmc:

Well, next goes the auto-parts manufactors, which will bring down ford(who doesn't need a bailout) Also, gonna hurt Toyota, Honda and other foreign auto-makers in the U.S. who depend on those part plants for the their North american operations.

Unemployment is now set to double. All because Republicans saw a chance do to some Union busting.

Of course you didn't see them fighting for restrictions on bank executives...no. Always the war on the middle class. We might duplicate the great depression yet!

Way to go Republicans! Taking compentency out of Government since 1980.

"If we don't do th... (Below threshold)
jmc:
"If we don't do this, we will be known as the party of Herbert Hoover forever," Cheney told them, according to a Senate Republican aide, evoking the president whose inaction is widely blamed for helping trigger the Great Depression in the early 1930s.

Wear that mantle proudly guys!

The UAW has shown which par... (Below threshold)

The UAW has shown which party holds the most interest in getting the bailout, and by any means necessary. Now that it failed, everyone's going crazy, yelling about the sky falling and such, but no one seems to be asking the most important question: why did the auto companies not concurrently prepare for the bailout to fail (Chapter 11 preparations, concessions, etc.)? Rather, they sat back and expected it to pass. And because they failed to properly prepare, the stock market, citizens, and the industry are panicking. And Republicans will be unfairly blamed.

jmc - "Of course you di... (Below threshold)
Marc:

jmc - "Of course you didn't see them fighting for restrictions on bank executives...no. Always the war on the middle class. We might duplicate the great depression yet!"

And you're friggin' clueless to not know or acknowledge McCain, Bush and several of the "damnable rethuglians" all attempted to reign-in the twin "fannies" to no avail due to asshats like barney frank and others

Wait a sec, Marc - <p... (Below threshold)
JLawson:

Wait a sec, Marc -

You're trying to reason with the 'reality-based' crowd. That's pretty much useless, because 'reality' to them is as THEY define it, not as it actually IS.

So it's Bush's fault BECAUSE he didn't rein in the excess spending that the Democrats wanted to have happen - regardless of whether he could do anything or not.

And you're friggi... (Below threshold)
jmc:
And you're friggin' clueless to not know or acknowledge McCain, Bush and several of the "damnable rethuglians" all attempted to reign-in the twin "fannies" to no avail due to asshats like barney frank and others

What does that have to with going after salaries for union workers or bankers, idiot?

You are on a different subject entirely (and completly wrong on it.)

One can imagine you debating which flavor of icecream you like

me: Vanillia at dreyers is best.
You: Oh yeah well scumbags at dreyers are making candy canes now.(note this has nothing to do with your favorite flavor. much like you above argument had nothing to do with anything I said.)


So it's Bush's fault BECAUSE he didn't rein in the excess spending that the Democrats wanted to have happen - regardless of whether he could do anything or not.

That makes no sense jlawason (like much of what you write)

I didn't mention Bush. He tried to do the right thing and get a bailout through. So obviously I wasn't blaming him. I am blaming Reublican congresional fuck-ups who in the words of Cheney are acting like Herbert Hoover Republicans. And I said given the disaster you are trying to cause you should wear that mantle proudly.

Ever wonder what a UAW cont... (Below threshold)

Ever wonder what a UAW contract looks like? It is over 2200 pages and weighs 22 pounds. It no wonder the big three can not compete in the global market. Honda and Toyota don't have to deal with that kind of crap. It would take a team of lawyers just to understand this document. 2215 pages of inefficiency brought to you by the UAW




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