I appreciate that. The unions have always been democrat run. So why would Bush, a Republican, be planning to override congress and give the assistance?
It's a mystery to me, I just know I have lost over half my income, and the possibility of not being able to pay my overinflated home mortgage is all to close to happening. Keep in mind The other auto makers are down as well. They may stay a float for a while longer, but every one is being affected. This is an economic collapse and all the bail out money will only prolong what is going to happen anyway.
The unions drastically affect the COST of making vehicles, so the other European manufactures have more profit and may sustain longer, but make no mistake their having their share of problems too. Hence of course the big three will have to make more concessions with regards to unions, and the cost of doing business. I don't belong to a union in my line of work, but believe this, the effect is everywhere.
The cost to the taxpayer will be health care, unemployment from the pension funds demise, and job cut backs
Over 20 small privately owned dealers in California alone have closed their doors. They could not survive the last year. This all happened before September and the major announcement of economy collapse. This has been coming for some time now. It's just coming to light now...to the mainstream public. This is just a show for the ptb to eventually announce the need for a nwo, and restructure of all corporate business, etc etc etc
Lets all remember...the paper they write these loans on the MONEY is worthless, and when the real cirses hits, the bailout will mean NOTHING... This is the real issue