GM, Chrysler May Face Bankruptcy to Protect U.S. Debt (user search)
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  GM, Chrysler May Face Bankruptcy to Protect U.S. Debt (search mode)
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Author Topic: GM, Chrysler May Face Bankruptcy to Protect U.S. Debt  (Read 5919 times)
War on Want
Evilmexicandictator
Junior Chimp
*****
Posts: 7,643
Uzbekistan


Political Matrix
E: -6.19, S: -8.00

« on: February 09, 2009, 08:41:18 PM »

Shouldn't have pussy-footed around and just nationalized them. Too bad politicians are cowards, and it's too bad the far-right extremists like Fox and Limbaugh control the political debate.
I agree, the auto companies could have been privatized after the recession too.
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War on Want
Evilmexicandictator
Junior Chimp
*****
Posts: 7,643
Uzbekistan


Political Matrix
E: -6.19, S: -8.00

« Reply #1 on: February 10, 2009, 09:49:30 PM »

When was the last time you saw a big strike?

True, and the reason that there aren't any is because unions have been severely weakened and the balance of power in the labor-management relationship has now tipped strongly in favor of management, instead of being at roughly equilibrium as it was 30 or 40 years ago.
Exactly, I think that this has as much to do with Reagan weakening unions as it did with unions becoming more redundant.
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