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	Name:	water_watcher -
	Subject:	And another down day
	Date:	11/12/2008 9:56:40 AM

Obama is insisting on baling out the UAW union, when it is clear it is the UAW that has ruined the US car industry. Wall Street is hating the lack of leadership they are seeing out of Obama and catering to the unions. While I don't want to see jobs lost, it may be time to let them file chapter XI like Delta and other business that get in trouble, they are protected from their creditors to give them time to restructure and hopefully get union concessions so the US auto makers can compete. Toyota, Honda, Nissian, Hyndui, BMW, and many others are now US car makers ... most do not have the UAW representing them. They are not asking for a bail out and if they did, would Obama support that. I doubt it since the Unions would want to make it a condition that if they are bailed out then they need to represent the workers.

Other messages in this thread:

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The "O" Stock market - water_watcher - 11/11/2008 4:24:56 PM

And another down day - water_watcher - 11/12/2008 9:56:40 AM

And another down day - Talullahhound - 11/12/2008 11:10:50 AM

DHL, Circuit City,... - AUCATZ - 11/12/2008 11:15:05 AM

DHL, Circuit City,... - Talullahhound - 11/12/2008 11:40:53 AM

W_W BIG O DOES IT AGAIN - GoneFishin - 11/12/2008 12:46:30 PM

Tell Me Hound - SPEARFISHER - 11/13/2008 11:46:23 AM

Tell Me Hound - Talullahhound - 11/13/2008 2:27:49 PM

And another down day - water_watcher - 11/13/2008 7:32:13 AM

870 point swing - water_watcher - 11/13/2008 4:44:16 PM

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