This is possible why we are seeing this bailout - to break the unions! This except from an article written on Dec. 290th in the Rense Report - http://www.rense.com/general84/ddwa.htm - explains some of the startling issues with the bailout. Food for thought for sure!

"The problem that organized labor created for the corporatocracy has been a thorn in the side of 'business,' since the days of the New Deal. Now its payback time and anyone that looks can almost see the saliva dripping from this 'proposal' that is in reality, an ultimatum. Some of the details behind the headlines surfaced yesterday in a report from Greg Shotwell, a union activist that spent thirty-years working for GM.

"The danger of this that I see is that, you know, in the '90s, when the auto companies were making billions of dollars, they were taking profits out of North America and investing them overseas in Europe, South America and Asia. So there's been a huge transfer of assets overseas. Now, those assets would remain protected in bankruptcy. So what, in effect, they've done is undermined the manufacturing base in the United States so that they could become a major importer to the United States. You see, they already have fuel-efficient-small fuel-efficient cars that they're making in Europe and in Asia and in South America. They're ready for import. And they would like to be like Toyota. Yes, Toyota has plants in the United States, but Toyota imports about 46 percent of all the cars it sells in the United States. That's what General Motors is setting itself up to do, and they're going to use this capitalist disaster to help them wipe out the dealerships and close the plants. And Congress is just going to help them strong-arm the unions into giving up any job security or gains.

Also, you're right about the bankruptcy. And this is one of their goals, is to wipe out the legacy costs. You know, the people who earned a pension and earned healthcare and retirement in the past, they would take that away. To me, it's like a thirty-year mortgage. I paid my mortgage every week, and I paid it off. Now that house is mine. Now they want to say, well, we're going to take it back.

JUAN GONZALEZ: Now, obviously, there are those who continue to say that the labor costs in the auto industry, especially in the Big Three, are way out of whack. And could you talk, for those who are not familiar with, how this misrepresentation of what the labor costs really are of today's workforce among the Big Three has been created?

GREGG SHOTWELL: Well, there's a good reason that the plants, the transplants in the South, have not been organized, and that's mainly because they make as much or more money as organized workers. And that was a strategy that the Japanese plants did on purpose, because they didn't want the plants organized. So they pay as much."

Article continues here...

http://www.rense.com/general84/ddwa.htm