United Auto Workers got the memo. Better do something.
I wonder what the concessions will be. CNN Money says the CEOs go to DC today and UAW is getting together tomorrow.
Why would the auto CEOs go to DC with new business plans but without knowing what the Unions might do? Is Congress going to be a labor mediator?
Oh, the deals that will be done.
Maybe the DNC; check out this email from Obama’s uber-campaign manager David Plouffe.
Our friends at the Democratic National Committee laid it all on the line to bring change this year.
We’ve been reviewing the books, and the DNC went into considerable debt to secure victory for Barack and Joe. It took unprecedented resources to staff up all 50 states, train field organizers, and build the technology to reach as many swing voters as possible.
But it also left the DNC in debt. So before we do anything else, we need to help pay for this winning strategy.
Make a donation of $30 or more now and you’ll get a limited edition 2008 Victory T-shirt.
The DNC’s 50-state field strategy was crucial to our campaign’s success, as well as victories for Democrats up and down the ballot. Their organizing infrastructure allowed us to compete — and win — in states that seemed insurmountable just four years ago.
They took out substantial loans to make it happen. The DNC didn’t hold back, and now, neither can we.
You were there for this campaign when we needed to reach out to more voters and compete in more states. Now we’re relying on grassroots supporters like you to come through for this movement once again.
We’ll get to work transforming this country. But first, we need to take care of the DNC.
Please make a donation of $30 or more today and receive your Obama Victory T-shirt:
Thank you for everything,
Obama for America
Can we take care of the DNC first? Yes We Can!
How about we fix the liquidity problems by selling off Obama brand name products?
Union guys who helped elect Obama can surely afford a few more t-shirts. Check out how the UAW fixes up the members.
Charles Martin points us to a brief but fine analysis by Larry Kudlow at National Review of the bailout biz. Kudlow point out how much the Big (shrinking) Three pay their employees versus the competition.
Total compensation per hour for the big-three carmakers is $73.20. That’s a 52 percent differential from Toyota’s (Detroit South) $48 compensation (wages + health and retirement benefits). In fact, the oversized UAW-driven pay package for Detroit is 132 percent higher than that of the entire manufacturing sector of the U.S., which comes in at $31.59.
I don’t care how much money Congress throws at GM. With that kind of oversized comp-package they are not gonna be competitive. It’s throwin’ bad money after a bad cause. What a way to start the new Obama era.
Billion t-shirts should cover it.