LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #14   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Jul 2006
Posts: 4,727
Default O's 50 Billion Plan


"BAR" wrote in message
...
Boater wrote:
Eisboch wrote:
So now Obama has recommended emergency loans to GM, Ford and Chysler and
is also pushing for a $50B bailout package to tide them over for a
while. Here's a quoted passage from the article:

"If the plan were to offer no strong guarantees against layoffs it would
likely draw fire from unions. But Obama advisers have been persuaded
that the impact on current workers and retirees would be staggering if
the companies went into bankruptcy."

Here's what I don't understand.

To the best of my knowledge, only 12 percent of the total American
workforce is Union. Obviously the number of union auto workers is a
much smaller percentage.

So, Obama thinks that the taxpayers should cough up $50B to save the
jobs of a relatively small percentage of the workforce?

What about the millions of people working in non-union small businesses?
They are being affected by the economic slowdown as much as the auto
industry's union workers. Are they going to get a dedicated and
specific bailout as well to keep the companies they work for in
business?

Those unfortunate enough to get laid off due to work slow downs
typically apply for unemployment benefits and try to find a new job.
Why do the employees of GM, Ford and Chrysler deserve more
consideration?

Is this part of the "share the wealth" plan?

Eisboch



Whoooooooosh.


Unions, a just a powerful special interest group. Better funded than and
listened to more often than most of the K street lobbying firms.


Heard on the radio today $100,000,000 was contributed to Democrat
politicians this election cycle. $10,000,000 to Republicans. Payback time.


 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
$3.2 billion a day [email protected] General 4 March 19th 05 02:54 AM
(OT) 326 Billion Jim General 3 July 14th 04 12:26 PM
What $100 Billion Buys... Jim-- General 54 March 4th 04 04:06 PM


All times are GMT +1. The time now is 06:48 AM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017