[lbo-talk] Can the auto industry borrow AIG's lobbyist?

[Percival Myers]

On Wed, Nov 19, 2008 at 11:07 AM, Doug Henwood wrote:
> It occurred to me, reading Mitt Romney's op ed in the Times this morning
> (appended below), that this crisis is likely to be "solved" by essentially
> breaking the UAW. The union may continue to exist in name, but they'll
> suffer sharp rollbacks in wages and benefits, and the retirees will get
> screwed. It will be truly amazing if this happens under a Democratic
> president and a strongly Democratic Congress, but maybe that's the only
> configuration of power under which it could happen.

I find it disconcerting that Congress is kicking up such a fuss, over
what basically amounts to 3% of what they handed the financial
industry with no questions asked.

There needs to be a day of reckoning.


> ----
>
> <http://www.nytimes.com/2008/11/19/opinion/19romney.html>