 Senate and UAW just gave up a few minutes ago ..., tomorrow is gonna hurt ... |
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 Dec 12 2008, 03:48 AM
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Seeking round tuits  Group: Advanced Members Posts: 5,522 Joined: 24-December 03 From: Kentucky Member No.: 33  |
The Senate, UAW, et al, just gave up (ie failed) on reaching a compromise a few minutes ago.
I don't know how GM will come out after bankruptcy (they just hired the bankruptcy lawyer), but the stock market futures are looking ugly tonight. It actually held up well through some dismal recent employment numbers, but I suspect tomorrow is gonna be ugly. Rebuilding my retirement is going to mean austerity and no new cars for a very long time, and I suspect that will be true for many others. That can't be good for any automaker. I'll admit I wasn't convinced that bridge loans to March could solve the problems for GM, so I don't claim to know what the right answer was. Nevertheless, this is going to be a big kick in the teeth for the economy. This post has been edited by sgarnett: Dec 12 2008, 04:07 AM |
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Posts in this topic
sgarnett Senate and UAW just gave up a few minutes ago ... Dec 12 2008, 03:48 AM
94bird Certainly, there are many temp agencies up here, b... Dec 29 2008, 10:00 PM 94bird I'm curious. Have any of you started seeing so... Dec 29 2008, 10:12 PM 00 SS The latest version of Car and Driver has a compari... Dec 29 2008, 11:27 PM
mitchntx QUOTE (00 SS @ Dec 29 2008, 05:27 PM) The... Dec 30 2008, 12:10 AM
94bird QUOTE (00 SS @ Dec 29 2008, 06:27 PM) The... Dec 30 2008, 06:58 AM robz71lm7 FWIW, my wife's cousin is married to a UAW wor... Dec 30 2008, 01:01 AM rpoz-29 Who do you work for Mark? Just curious. Dec 31 2008, 07:22 PM marka Howdy,
QUOTE (rpoz-29 @ Dec 31 2008, 02... Dec 31 2008, 08:10 PM 94bird Matt, just to eliminate confusion, "contract... Dec 31 2008, 07:33 PM marka Howdy,
QUOTE (94bird @ Dec 31 2008, 02:3... Dec 31 2008, 08:13 PM 00 Trans Ram Ahhhh - gotcha. I thought we were talking about an... Dec 31 2008, 07:44 PM 94bird Mark, you pay your taxes and provide a salary to t... Dec 31 2008, 08:52 PM marka Howdy,
QUOTE (94bird @ Dec 31 2008, 03:5... Dec 31 2008, 09:11 PM 94bird QUOTE (marka @ Dec 31 2008, 04:11 PM) How... Jan 1 2009, 07:29 PM sgarnett Unfortunately, congressmen still get a pretty fat ... Dec 31 2008, 11:58 PM marka Howdy,
And since we're talking about politics... Jan 2 2009, 06:05 AM sgarnett QUOTE (marka @ Jan 2 2009, 01:05 AM) And ... Jan 3 2009, 01:05 PM mitchntx Sorta off topic ... sorta on topic ....
http://on... Jan 3 2009, 11:58 AM Blainefab QUOTE (mitchntx @ Jan 3 2009, 03:58 AM) M... Jan 3 2009, 08:47 PM cccbock QUOTE (Blainefab @ Jan 3 2009, 03:47 PM) ... Jan 3 2009, 09:30 PM mitchntx QUOTE (cccbock @ Jan 3 2009, 03:30 PM) Wh... Jan 3 2009, 10:09 PM Rob Hood Typical Russian stupidity....
Going off topic and... Jan 3 2009, 05:03 PM 94bird Wow, if WSJ printed a story like that, it must be ... Jan 3 2009, 09:52 PM  |
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