Great. More taxpayer money for corporations who will just run their businesses into the ground again in a few years. And the UAW gets even more of a say in how they operate. Ugh. I hate this country.
It's not enough to bail any of them out. They need nearly 130 billion between the three of them until the auto market comes roaring back, if it every does.
I was going to say something witty and insightful - but I think all of this mess can be summed up in one word *sigh*
If I remember correctly, the big 3 wanted the bailout and all operations will remain the same. Gov said So they came back with recessions and all this shit so it can pass. Which doesn't mean a damn thing because in order for these recessions to pass within the UAW, GM will have to give a seat on the board to a UAW representative.
on another note honda and toyota are still busy trying to find places to put the cars they're producting overseas. Since no one's buying cars.... hello inventory glut.
wait, they want to put a UAW member on the board? isnt the damn UAW a large reason why this shit is all fucked up in the first place?