Since obama gave Chrysler to the UAW how long will it be before they are bankrupt again?

It will be interesting to see how low the UAW will go in their salaries to prop up Chrysler

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Posted July 25th, 2010 in How To Go Bankrupt. Tagged: , , .

16 comments:

  1. Jerry J:

    Well first there will be a huge fight between the retired UAW workers and the current working UAW workers on retirement packages!!! Stay tuned should be fun to watch it implode!

  2. Shannon:

    I give it a week.

  3. ToughGuy:

    They are already bankrupt. They’re just buying a few weeks on the taxpayer dole. Obama owed it to the UAW.

  4. bankobush:

    THE UNION CAN STOP job outsourcing

    and use PARTS MADE IN AMERICA

  5. oldmarine08:

    They have asked for and receive bailout money twice no….it won’t be long for a third…and Obama just bends over and lets them have their way!

  6. Ron R:

    considering the exact same people overseeing medicaid and social security are over seeing the auto…………well…..ummmm…errr……there is always bailouts….

  7. Seldon Surak:

    they won’t be

  8. vinny_says_relax:

    This was presidential payback, nothing more.

    Anyone who thinks Chrysler is going to survive has lost their mind.

  9. DC Maximus:

    There is no future for Chrysler. The UAW’s majority ownership interest spells doom. It is like putting the fox in the chicken house.

  10. Steve M:

    Not long.

    The bigger question is what will the unions charge for the cars they build.

    Knowing how they want workers to make so much they will be un-affordable to Americans

  11. Sean:

    It’ll be interesting to see.

    The UAW is killing the goose that layed the golden eggs.

  12. the rick:

    the union heads will not take any cut in their salary but will see an increase with stock options and profit bonuses, but the regular worker on the line stands to lose some of theirs, once again the liberal elite supporting their own and throwing the little guy under the bus.

  13. Felonius_Monkey:

    The UAW has crippled our economy. It’s strange… we heard lots of discussions about restructuring, or bankruptcy, or mergers – but we never once heard even the possibility of the UAW being disbanded. And that’s the one thing that really could have saved our auto industry!

    I’m a liberal and I voted for Obama, but he should have let the UAW die a natural death.

  14. Track P:

    They will not be bankrupt as long as Obama remains in the office.

    Chrysler will be propped by every mean possible: bent EPA rules, subsidies, tariffs, and also direct shameless infusions of our taxpayers money.

    Do not be naive, Obama cannot afford to let Chrysler to go belly up since now it is his and Nancy Pelosi’s baby.

  15. Omega57:

    It is an interesting situation; On one hand the UAW will be an owner of the company, on the hand they will be representing the workers. The could be in a position to fight against themselves. I know this is a stretch, but this could be a good opportunity for compromise since they both have a vested interest in the outcome of any negotiations.

  16. Kevin:

    It won’t be long.

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