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Old 11-30-2008, 06:01 PM   #1
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Autoworker chief pleads for government aid

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Sunday November 30, 1:58 pm ET
By Julie Hirschfeld Davis, Associated Press Writer
Autoworker chief pleads for government aid as Detroit's Big 3 prepare plans for Congress


WASHINGTON (AP) -- The head of the United Auto Workers made a public plea Sunday for government help for U.S. carmakers as the Big Three put the final touches on stabilization plans to submit to Congress.

"We cannot afford to see these companies fail," said Ron Gettelfinger, the UAW chief, calling on Congress to approve the aid during a special session the week of Dec. 8.

Gettelfinger said a $25 billion rescue plan for the carmakers is "not a bailout, this is a loan -- a bridge loan -- that will get us through until we can take a longer-term look at exactly what needs to be done in the industry."

Democratic leaders are demanding blueprints from Chrysler LLC, Ford Motor Co. and General Motors Corp. before they will schedule votes on any new federal aid. The plans, due Tuesday, are to be scrutinized at a Senate hearing Wednesday and a House hearing on Friday.

If lawmakers like what they see, Congress may reconvene the following week to consider the auto bailout.
More here:

http://biz.yahoo.com/ap/081130/auto_bailout.html

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Old 11-30-2008, 08:29 PM   #2
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"We cannot afford to see these companies fail," said Ron Gettelfinger, the UAW chief..."

Yeah, because then who are they going to bleed dry of money? Ron should have thought of this a few years ago when he was pushing GM for better benefits, higher wages, etc.
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Old 11-30-2008, 08:56 PM   #3
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Ahhh shut up Gettelfinger. This is partly your fault as well.
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Old 11-30-2008, 10:37 PM   #4
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Gettelfinger is sweating. He needs to propose immediate, drastic concessions to the manufacturers. Better that, then lose everything in a bankruptcy.
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Old 11-30-2008, 11:19 PM   #5
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Gettelfinger is an idiot. Hes just as much to blame as anyone else
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Old 12-01-2008, 02:04 PM   #6
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Funny...all the hate, that is...towards a guy on "our side"...whether you like him and what he leads or not.

It may also be useful to read the rest of the article:

Quote:
The UAW is willing to consider more concessions on wages and benefits as part of any new federal aid, Gettelfinger said, but other parties have to share in the sacrifice.

"We're prepared to go back to the table," Gettelfinger said. Still, he added, "Based on the changes we've made to our contracts, we are competitive" already.
What a damned, dirty, nasty guy....
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Old 12-01-2008, 02:06 PM   #7
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LOL
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Old 12-01-2008, 02:33 PM   #8
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Originally Posted by gtahvit View Post
LOL
I love the way that the union is on the same side as business this time.
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Old 12-01-2008, 03:01 PM   #9
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It's great that both the unions and the auto makers are on the same side. That should be very helpful in getting the assistance they need.

Hopefully everyone will play nice moving forward.
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Old 12-01-2008, 09:19 PM   #10
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Quote:
Originally Posted by Dragoneye View Post
Funny...all the hate, that is...towards a guy on "our side"...whether you like him and what he leads or not.

It may also be useful to read the rest of the article:


What a damned, dirty, nasty guy....
I thought you were defending him right up until that damned dirty nasty part.
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