UAW may be auto bailout's biggest loser

Nobody gets paid for not working. The union bosses don't do a damn thing except steal from the union treasury and get paid huge salaries and benefits. Organized labor is nothing more than a legalized mafia. The thugs that run the unions belong in jail.

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The UAW workers "have a choice"? Yes, they can either moderate their wages and benefits or join the unemployyed. This is an unprecedented event in American history.

Even if they agree to lower wages and benefits, there still isn't any guarntees that the BIG 3 won't go bankrupt; but a strike will surely bankrupt the BIG 3, and the UAW workers will definitely be out of work . . . yeah, the choice IS their's to make.

If they bankrupt the manufacturers, then I have absolutely no empathy or sympathy ofr them . . . the gravy train has run out of gravy. Management is in the same position as the UAW also.

Think that a strike is leverage now? With average US automaker inventory at about 120 days, The auto makers can take a strike without it affecting sales on most models for months. No job bank costs for a strike, only the union strike bank takes a hit. This is why GM didn't push American Axle to settle their multi- month strike in the spring. It mostly affected SUVs and light trucks of which they had a 5 month supply. A strike only is leverage when demand is high and inventories low. The exact opposite is happenning now.
What the Detroit Three need to do is figure out how to change customer perception that their product is still inferior to non-US badged vehicles. JD Powers shows that there is little quality difference, yet equivalent non-US branded cars are gaining market share with a premium price. That is the true legacy cost of prior decade's mistakes. Once the credit markets start acting "normally" again, the Detroit Three will still have to solve this issue to survive.

I don't see that the UAW has any leverage. They will have to work for less or the Big 3 goes broke. If they go on strike the Big 3 will eventually go broke or their union strike funds go broke. The only thing they can do is take the cuts and hope for better days when they can get some of it back.

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Of all of the flap over executives with excessive pay and flying corporate jets to Washington to beg for a bail out, this is the first commentary that I have seen on the real plight of the big 3 US auto companies. No where has it been on the net work news, the main line big city newspapers, much less members of Congress asking the union what they were going to do to help the auto companies. This shows the complete bias of the US media and why it is so discredited today. They have an agenda to bash US corporations and build up the role for more and more government--whose inefficiencies are legendary.
Today it is estimated that UAW auto workers are paid 50% more than their non unionized counterparts in the USA. The big 3 can not continue with this lopsided wage scale. No wonder Gettlefinger was in DC with the corporate CEOs begging for a bailout. He is the big winner/loser in the battle.
It is time for Congress to ask the UAW the hard question---what are you going to contribute to the bail out?

The UAW was created to protect the average worker against greedy Corporate Managers. As long as the CEO's and Board members demand unreasonable incomes, the UAW will continue to wrangle for their fair share. We are no longer a society of manufacturing geniuses. We are now a service oriented society whose single largest export is our debt. Let the free market deal with the auto manufacturers...both the CEO's and the UAW officials...NO BAILOUTS! I'm sure Toyota and other foreign manufacturers are waiting for just the right price to snatch up Ford, GM, and Chrysler! We'll save thousands of jobs..just won't be in Detroit.

The workers can take a pay cut again like they did in the late 70's and give up benefits. They can also eliminate the Jobs Bank but just remember nothing else goes down you still pay 9.00 dollars for a beer at the ball park and tickets don't go down. youe utilities are still the same food will still go up and the cost for education and taxes won't go down. The sports, movies stars and politiians will still get there large salary. Maybe we all should all work for the city,state,federal government and we still have our jobs!