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PegnVA

12/07/08 7:27 AM

#147543 RE: n4807g #147497

"...avoid total collapse..." - Or so we were told. Several banks didn't want the money but the gov't deal forced them to take it. Instead of these banks easing up the credit market, as we were lead to believe was the intent of the bailout, most banks simply held onto the money, enhanced their balance sheets and continued to pay handsome bonuses...some even made plans to buy out smaller banks. And you are trying to sell the notion the Repub party in general doesn't QUICKLY - 48hrs in the case of CITI Group! - come to the aid of the white collar industry with NO questions/NO business plans demanded? Good luck with that story!

The Dems have a history of union worker support mainly because they "appear" to look out for blue collar workers. With fewer and fewer unions, that old story line is shrinking.

BTW, I do not favor/oppose unions - For several I worked for a major consumer mfg corp who had a union, and as part of their mgt team I participated in negotiating a 3yr contract. I also worked for 20yrs in a non-union mfg corp...I much prefer a non-union environment - less adversarial on BOTH sides.