And The Winner Is…

The UAW! While Cash for Clunkers junkies lie on the sidewalks of America looking for their next fix, the only long-term benefactors are the government and the UAW.

The United Auto Workers (UAW), which donated more than 99 percent of its $25.4 million to Democratic federal candidates in the past 20 years, had a particularly good year, at least compared to other stakeholders as General Motors and Chrysler struggled and were forced into a government-managed bankruptcy by the White House.

Those auto company bailouts and bankruptcies were major stories this year, yet the network news media rarely discussed union causes of the car companies’ inability to compete, and the high cost of union labor compared to non-union labor. In fact, in some cases the UAW was portrayed to evoke sympathy from viewers.

The UAW, along with it’s country cousin the federal government now own GM.

But the union paid their dues, being the business savvy, cost-couscious, and visionary assembly that they are; gave up so so very much to save GM and get their cut.

“UAW workers gave up their customary paid holiday on Easter Monday and their right to overtime pay after less than 40 hours per week. They still get health benefits that are far better than those received by many American families upon whose tax money GM jobs now depend. Ditto for UAW hourly wages, though according to the task force, GM’s labor costs are now within ‘shooting distance’ of those at nonunion plants run by Honda, Toyota and other foreign firms. Cumbersome UAW work rules have only been tweaked.”

This will turn out to be either the largest government takeover and giveaway of a private corporation or just desserts for the UAW.

This what Obama meant when his campaign offered an end to politics as usual.

One thought on “And The Winner Is…

  1. Proving yet again that for the last decade or so no investment pays off as well as paying off politicians.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.