Quote:
Originally Posted by Rsv1000R
We haven't paid anything yet, and if they close it definitely will cost money, if it's a loan, and they can restructure their labor costs I think they can make it. But restructuring their labor will move the retires over to the federal program (or at least I believe it will). So that's going to be a wash.
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The problem is that people in congress who actually see their financial statements and do this for a daily basis now-a-days dont believe they can "make it."
In addition, the UAW has already said they wont take a pay cut cause it isnt their fault. Not sure how they get labor under control when their labor pool says no.
12-18-2008, 02:36 PM
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