Thursday, November 20, 2008

The Big Three Bail-out.

Hat in hand and fresh off private planes, the CEOs of GM, Ford and Chrysler asked for part of their bail-out pie on Wednesday.

The 'Bail-out' will not even go to the company but to help keep paying of the UAW. Why not when they pay their employees more than Toyota, Honda and Nissan. As well as paying workers to sit in a room to do crosswords while getting paid to do so (yes, it's from 2005 but nothing has changed since then). It's throwing more leaves on the fire to give it the impression that it's still burning when the fire needs to be put out.

Ace and Drew at Ace of Spades has more about the UAW sucking down GM, Ford and Chrysler and how SUV's helped them out. For a while.

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