Clip Syndicate Video: General Motors Dismantling Jobs Bank Program

Well it’s about time. The UAW needed a good kick in the pants and frankly that’s exactly what this is. In times of mounting debt and a recessive economy you can’t have policy that has fortune 500 company bleeding money like a stuck pig. All of the American car companies need to downsize for the time being, shed excess weight (see next post) and invest in new and innovative products if they are going to survive in the global economy.The other good thing about this is that it forces GM and other car companies to be somewhat responsible with the bailout money they were just given. Sacrifices have to me, unions are no different.Now if only we could find a way to severely hurt the teachers union….

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