Quote:

<...>The bloat is in the unions.<...>



I partially agree with you.

But last year, the CEO of GM made almost 15 million dollars for his yearly salary (including bonuses and stock options) while the company hemorrhaged money. It's hard for the union to cut their paychecks when the person steering the ship is making an obscene amount of money while he is steering the ships straight into the rocks.

And when the ship goes down, they know he is not going down with the ship, and he is not even getting on a lifeboat, but abandoning ship in a helicopter and leaving the crew to sink or swim. How can anybody justify a CEO making 15 million dollars a year when the company he/she is running is rapidly heading towards bankruptcy? Is he/she being rewarded for making bad decisions? It seems so.

So it's union plus management in my opinion.

And I'm not happy about any of the bail outs, but again, I don't have the solution.

Notes

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