Reply to "The Bailout..."

Sorry Doug. GM did not take advantage of this situation. I can tell you that even at 80 cents on the dollar. Canadian auto worker White and Blue collar workers do not make what US workers earn. At the last GM negotiations the Canadian UAW voluntarily gave away 20% ( I think) to save their plant. 2 weeks later GM announced the closure of Oshawa Assembly claiming that Malibus were not good sellers. So either management are liars or they are trying to move jobs to the States or they are holding out to attempt to get subsidies from the Canadian government.


That's what they told us here in NY, NY. I guess that we get a different portion of the news, the most expensive part?
GM made a statement that they provided health care policies for over 1 million employees and former employees.
That's my statement and I'm holding to it.

I think that part of the problem that many are having with the "Detroit" bailout is that it is US taxpayer money and how does that work out with companies that are partially in Canada and Mexico as well as having "offshore" suppliers. This is all too complicated for me. I have a headache. I'm going to have a couple of Cosmos now. Then I'll be completely out of it for a while.