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First recorded activity by BoatBanter: Oct 2008
Posts: 225
O's 50 Billion Plan
Don White wrote:
"JohnH" wrote in message
...
On Thu, 13 Nov 2008 09:17:00 -0800 (PST),
wrote:
On Nov 13, 12:09 pm, "Calif Bill" wrote:
"Boater" wrote in message
...
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.
Yes, it Whoooooooosh right over you.- Hide quoted text -
- Show quoted text -
No it didn't, he just won't address facts or debate in an
intellectually honest manner.. You know that..
So do those who attempt a rational debate with him. But, they persist in
doing so. Maybe it's just for the laughs at his stupidity. I hope so.
--
Johnny... when will you get it through your thick head that not all posters
are members of your Drone Army.
Some like to think for themselves.
And then there is you. What else did WAFA tell you to post?
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