Auto Bailout, yea or nea?

[X5rolls]

More in the papers today about the court of public opinion turning on both the UAW and Auto Mgmt.

To me, everything centers around having a strong business plan based on what will actually work vs. hopes. With the current leadership at Chrysler, GM AND UAW I don't think it's possible to get a plan that can work. Moreover, the UAW (rightly or wrongly) is rapidly loosing any credibility with the public.

Might be too late for them to recover lost ground and should try to take a different tact, one that shouts pragmatism vs. protectionism of existing positions. If they screw up any more they could hurt their constituents even more.

What do the workers really want? Guarantees on what they have and fight to the end or are they willing to take less but still have a job?

It's a horrible situation to be in if you are a worker - if you have built your entire life around a certain set of income and retirement expectations.

How do you reset everything? Especially if you are nearing retirement.

Will they loose their jobs, pensions and healthcare if they don't give in some?

Those would be the questions I'd be asking.

I feel for them and I go back to leadership at the auto mfgs and UAW. Go find a pragmatic solution that will actually work.

Stepping down from soap box now.