GAH!

we subsidize them because without them the depression becomes that much harder to overcome

and we begin tariffs on auto’s from countries that do not have collective bargaining or are paying wages that do not provide for the laborers family.

we must re-inforce the union, not destroy it and certainly not give fodder for the anit-unionists

I forgot to add, I would like to see stock options as well for the investment

Morning Jane and All :)
The Digg is open. It is just not showing up on the page yet..

Dugg. Thanks for the link.

an Oxdown commenter yesterday made an intriguing suggestion: why not let UAW buy ‘em ??

falling share price at least brings it in to the realm of possibility. they could use the not letting it fall into foreign investor’s (SAIC) hands as a bolster to their case for a loan.

…and, it would pretty much out the not so subtle agenda of the anti unionists out there when they continue to squawk against keeping american jobs.

I know, lots of magical thinking on my part – of course I’m aware there are some obvious implausibles out there, but I’d like to hear ‘em anyway

Better yet, assist in the UAW making the purchase. THAT would be fun to see suggested to McConnell, Shelby and Bohner.

Great question about whether money that is going to AIG is being paid to holders of naked swaps. These are the ones that are pure bets.

Bernanke is saying you can’t distinguish between the two (equity backed and naked). BS, you can have them prove equity. Bernanke then goes on to say the company would have to declare bankruptcy again BS.

What is important here is that the AIG monies are going to pay off the pure gambles of the naked shorts. This means they are trying to fix the system they are just paying off the bets of their cronies.

To once again flog a dead horse. We need to strengthen unions here and world wide. A good start for here is to to have Nationalized Medical Services which would free the unions from having to fight for health care and start fighting against the ridiculous minimum wage that legally keeps people in desperate poverty to mention just one of the workers rights that have to be restored.

PS I am too furious to work out punctuation for the above.

You just wanna watch their heads explode, right? *g*

Rip the economy from the hands of Republican criminals..and start fresh. A new deal?

Now that’s change I can believe in! (Although it’s an old idea; the original Chrysler bailout gave 25% of the company to the employees.)

Territo should by all rights be laughed out of the room for making assertions like “the auto industry never lobbied against higher CAFE standards”

Well, you were there, Jane. Did you laugh him out of the room?

My brain lit up when he said “stakeholders.” Only non-profits are truly answerable to stakeholders, i.e., employees, customers and communities. Could he be angling to restructure corporations as non-profits?

All the problems of corporate board conflicts of interest, executive compensation, stock option collars, the psychopathy of corporate irresponsibility through cost-benefit analysis and the incentive to simply raid the hen house through any means – all of the toxic, immoral and subversive elements of current perversity of corporate governance would be addressed in a restructuring into non-profit entities.

If conservatives really do want smaller government, this is the price that will have to be paid.

The idea is too precious.

Single Payer Health Care Would Save Auto Industry

While I originally wrote on this in January of 2007, concerning the cost of health care to consumers and service provided, it is equally applicable to the savings for the auto industry RIGHT NOW. And that is not my opinion, it is the opinion of the successful auto industry management. The ones that aren’t asking for a bailout. At the time I wrote this in 2007, each vehicle assembled in the United States cost GM $1,525 for health care; those made in Canada cost GM $197. Probably more savings now since this was written nearly two years ago…

This is equally applicable to any industry. All of them lack this competitive advantage. Make them more competitive by giving all of their employees Single Payer Universal Health Care.

I am tempted to say we should use the shock doctrine to force this through NOW! NOW! NOW! Imagine using their techniques against them for something that would actually benefit everyone?

And I quote: “Eskimos have never made igloos”

Obama rightly wants answers to these questions before he starts authorizing checks. And it’s going to be hard to answer them before we know what the government’s role in healthcare is going to be going forward. But finding solutions is not going to be helped by all sides treating this as nothing more than a propaganda war, and auto industry flaks like Territo should by all rights be laughed out of the room for making assertions like “the auto industry never lobbied against higher CAFE standards” (yes, he actually said that).

A-yep. Good for Obama. One of the things the folks touting the Japanese industry habitually leave out is that Japanese workers don’t take it in the shorts each time they go to the hospital.

This is equally applicable to any industry. All of them lack this competitive advantage. Make them more competitive by giving all of their employees Single Payer Universal Health Care.

better then that, simply tariff those cars that are produced without healthcare for their laborers.

simple stuff

I agree with that, however we still must tariff any product that comes into this country that does not provide health care for the laborers producing that product

health care is a necessary expense, when it is not provided either through single payer or the manufacturer, that product must be tariffed

Explain, please?

Make a point of bringing up the fact that Japanese employers can get away with paying their workers less than do American employers because the Japanese government tightly regulates their health-care system so that workers pay less and get much more care than we do.

Explain, please?

Jane said that Territo should be laughed out of the room for what he said during the conversation. I was, I thought clearly, asking Jane to tell us what she said in reply and if she did in some way or another ‘laugh him out of the room’ for the absurdity of his comment.

Yep.

I like that idea. :-)

First order of business: Putting managerial staff on Japanese salaries. Yes, that means that GM’s top guy must work for “only” $990,000 a year as opposed to $13 to $15 million.

I just want them to survive so I can get a Camaro or Mustang next year. I’m sorry, but econoboxes don’t really light my fire unless they have turbo fours making at least 200 HP…