Auto Bailout is Here

[allavdj]

http://news.yahoo.com/s/ap/20081219/ap_on_go_pr_wh/meltdown_autos

[JRScott]

Looking over the details, it appears they followed Sen. Corker's outline. I'm sure the UAW will not like that provision on workers pay.....by 12/31/2009.

[mynameainttracy]

Up until a couple of months ago I worked for an auto supplier and last Friday they cut salaries 10% across the board. They are also going to have to layoff 10% of personnel in the US. The UAW should make some concessions. Everyone else is.

[Genenco]

Up until a couple of months ago I worked for an auto supplier and last Friday they cut salaries 10% across the board. They are also going to have to layoff 10% of personnel in the US. The UAW should make some concessions. Everyone else is.

Management hasn't made any..They're still sitting pretty.

[junker]

i worked at a ford plant for a short time about 40 years ago, 90% of the jobs required the ability to turn and tighten bolts, THATS ALL. you didnt even have to know how to LOOSEN them..something a chimpanzee could be trained to do for a LOT less than 70 buck a hour including benefits. if you ever owned a American car from the 60s and 70s you probably know the quality of the cars then, POOR, i dont think much has changed since then quality wise. the first day on the job, my instructor told me which bolts to skip, if i couldnt keep up with assembly line. that wouldnt be missed or caught. i imagine everyone had the same lecture on skipping bolts. thus the quality of the cars then.

[Genenco]

I owned a 66 chev pu..Nice buggy was a real nice ride (Lifted too, not by me though)

1978 van, nice engine, did 5 miles on blown water pump. Replaced and started her right up..No probs..

Today, just fart wrong and they need a trip to the mechs..

Too much electronic BS frankly.

[BKOnce]

Robots can turn on bolts & nuts too. Let lay off all the manufacturing robots.