You bought GM to save the unions, plain and simple. When a company is bad, let them, go under... toss out the previous agreements, and start again! GM s going farther underwater! They loose billions every year and WE have to make up the difference. The stinking unions (co-owners) sue themselves! Eegad!
This is why the government should never take over anything. GM had bills and obligations that must now be taken care of by the new owners – you and me! The UAW should not be allowed to sue the government as the UAW is part owner of GM! Again, here we have a union fleecing the company and owners (again, you and me).
GM should have gone into bankruptcy as any business in this state should. If it could not recover, close. The whole buy out hinged on the UAW and the workers so now, you have a failing, government run company that will keep pouring money into a sinking ship just to keep union workers employed. This whole scenario was illegal because the government used taxpayer money to purchase a business. There is no provision for the government to do this because it is not the government’s job to take over businesses.
As always, the taxpayer gets it in the end!
OIIOHH! (Omaba Is In Over His Head)
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