Friday December 5, 2009.
Is the South openly participating in an economic and political cessation at the expense of the North? Let’s observe the response of those Republican representatives, lead by an Alabama Senator, who sat in judgment of the Ford, General Motors and Chrysler automotive industry leader’s hearing yesterday and today? They don’t want to help the BIG THREE. The Big Three automakers are established in the North and predominately in only the Northern States. They are asking the question: “Do we need the BIG THREE?” The republicans are suggesting the need for them to go bankrupt, divest and redesign their business plans and return with another name. It is believed doing this will also nullify the union contracts and require renegotiation. And the underlining of this is to bust the unions hourly wage down so that the automakers make more money? And the auto makers paid $54 million dollars to wrestle one executive away from his previous company and this doesn’t include the bonuses and other perks in the hiring? This doesn’t even count the fact that “the electric car was killed by the big three” and Toyota. But there is mumblings that the BIG THREE are interested in going “green” now to get their hands on that $25 which is now $34 billion.
So why weren’t they studying what the Japanese have been doing for over twenty five years? Arrogance couldn’t possibly be the excuse when you have an opportunity to study your competition or maybe they never saw the Japanese and other European smaller economical cars as a threat. Maybe if they had peaked at the models of the Japanese or Korean automakers, they wouldn’t be wringing their hands for assistance. I understand that the Japanese car makers were offered lowered property and tax levels in exchange for hiring the much needed Southerns who have been working for much lower wage jobs than their Northern counterparts. Adding another wrinkle to this discovery, there has been discussion that employees have also been paid to sit while the company executives decided how the company was going to proceed. But this is still 2008, maybe there will be a change of heart when this fiasco is dumped into Obama’s lap because I don’t see BUSH taking a hands on approach to this at all. But you wait and see January 22, they’ll blame the autoworkers who will be jobless, by then, the fault of Obama for not insisting that the government change the date of his inauguration and move it up to December 22, so the automakers could have had a better Christmas.
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