Sunset News: Don't Bail Out the UAW

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Monday, December 01, 2008

Don't Bail Out the UAW

Don't Bail Out the UAW by Jed Babbin
Congressional Democrats don't want to bail out GM, Ford and Chrysler: they want to bail out the United Auto Workers union. Speaker Pelosi spoke for all the Democrats when she rejects the idea of reorganization of the companies under bankruptcy protections. Why? Because bankruptcy is the only legal mechanism which can free the industry from its giveaway deals with the UAW.

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