Pay directly to UAW, don't pass go, just vote for me again.....
In a nutshell that is the Obama's supposed rescue for GM, Ford, and Chrysler. The production costs built into the union contract remain so GM, ford, and Chrysler have to sell cars at the same cost disadvantage. We, the public, are fucked. All this bill will do AT FIRST, is pay the deficit in current Big Three contributions to VEBA.
David Broder (just to the left of Leon Trotsky) has laid it all out in the WaPo for all to see. It's inevitable.
Then over at Stubborn Facts the proposed bill is laid out pretty well. Keep in mind that the rescue is actually the nationalization of health care. Period. End of discussion
11/24/2008
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