Monday, March 30, 2009

General Motors meltdown

I don't really have much to say about Obama refusing more aid to GM. The subject is well-covered everywhere else. I'm not finding it alarming that a requirement of more assistance is a management shake-up.

Dan at Pruning Shears voices my only objection in the quote of the day:
Responding to the looting of Wall Street by busting the UAW feels an awful lot like responding to 9/11 by invading Iraq.
Seems to me the unions have already made a lot of concessions. If the administration wants to get tough on bailouts, I'd suggest they start looking for concessions from the banksters instead of the Teamsters.

[More posts daily at The Detroit News]

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