We need a bailout exit strategy. The UAW is complaining but It is time for the members of the UAW to face reality. They have been living in fantasy land for 40 years. No company can give benefits like the "Big Three" negotiated for long. The Job Bank, almost free prescriptions, a bloated hourly rate for high school graduates and high school dropouts. To be competitive wages have to be comparable with other non UAW workers. Otherwise GM, Ford, Chrysler will not exist in 5 years.
Also as far as continuing to bailout banks see what Thomas Jefferson said in 1802:
'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered..'
Regards,
John Jenkins
John Jenkins
865-803-8179 cell
Gatlinburg, TN
Email: jrjenki@yahoo.com
Email: jrjenki@yahoo.com
Entropy, It ain't what it used to be.
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