News Focus
News Focus
Followers 42
Posts 33943
Boards Moderated 0
Alias Born 07/08/2003

Re: StephanieVanbryce post# 96335

Thursday, 04/08/2010 3:35:05 PM

Thursday, April 08, 2010 3:35:05 PM

Post# of 578518
Since the annual sales of automobiles in the USA is running around 11.5 million, down from close to 17.0 million the "to save jobs argument" is ridiculous. There are numerous other manufacturers in the US that could easily have filled the void.

Funny....the UAW ended up with approximately 40% of the "new" GM stock. That would seem to indicate some form of favoring the UAW? But of course that's a "partisan" evaluation.

So apparently when Delphi's white collar (nonunion) retirees were allowed to watch their retirement plan fall apart in bankruptcy while the UAW workers pensions were "miraculously" kept intact, that wouldn't be considered a partisan decision to favor the UAW?

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today