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arnold schwarzenegger,john kyl,republican Schwarzenegger and Kyl on Auto Bailout: Blame the Unions

Schwarzenegger and Kyl on Auto Bailout: Blame the Unions

posted by NetRunner 11 months 4 weeks ago • 273 views
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Yes, it's those eeeevil Unions causing the problem. Can't be that GM and Ford viewed themselves as truck companies that also sold cars...at a time when oil prices were expected to skyrocket.

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Yes, blame the people who want to be paid enough money to afford to buy the very cars that they're building.

How heinous.


written by rougy  | 11 months 4 weeks ago | CH
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Refutations posted on ThinkProgress:

"Unions do not deserve the blame placed on them by the right wing. In fact, unions have repeatedly made concessions to auto executives over recent years. Contrary to Kyl’s claim, new auto employees earn $25.65 an hour.

Big Three automaker CEOs and executives based their business model on a future of cheap oil, fighting fuel efficiency standards despite warnings against such a strategy. Detroit manufactured, as Tom Friedman pointed out, oversized gas-guzzling SUVs that reduced their competitive edge.

Financial firms AIG, Merrill Lynch, and Bear Stearns did not have unionized workers but still suffered economic collapses. Frozen credit markets and a spiraling recession were major contributors to Detroit’s current state. Today, the Center for American Progress urged Congress “to support legislation to grant a $25 billion bridge loan to the U.S. auto companies to ensure that they avoid bankruptcy” provided the automakers provide health and retirement security and invest in clean technology."

http://thinkprogress.org/2008/11/17/unions-auto-bailout/



written by Farhad2000  | 11 months 4 weeks ago | CH
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Moving this video to NetRunner's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.


written by siftbot  | 11 months 3 weeks ago | CH
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who voted for this video
NetRunner  - siftbot x5 - qualm

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