Friday, December 12, 2008

Come on, UAW

UAW should file paperwork to change their name to Unemployed Auto Workers, because that's where this is headed. What this move says to me is that they don't have a lot of faith in the Big 3 to avoid bankruptcy, whether or not they get the bailout, so they might as well milk the money cow until it happens. Otherwise, how you can justify a decision to save the entire industry. I am sad for Michigan right now. It has been in the grips of greed and incompetence now for too long, and I can only hope that the bottom is near.

With news of a potential White House bailout being floated about, I frankly hope that Washington doesn't blink - anyone who is criticizing Congress for asking questions is kidding themselves. Just because Congress isn't perfect doesn't mean that these questions don't need to be asked. Would we all rather just dump taxpayer money into a broken company just to keep it afloat and broken for a few more months??
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