Quote:
Originally Posted by rgrizzard
Actually I do understand thats why I brought up union issues and the states laws regarding unions. Controlled bankruptcy allows them to break the union deals and contracts which I believe is needed at this point.
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Bankruptcy is not a union-buster, and it won't be used that way. Contracts will simply be renegotiated with a third party, not broken. Besides the point, any bankruptcy will take place under the direction of a democratic president. That's neither a good nor bad thing. Just a consideration...
Secondly...since when can a manufacturer already in the red just pickup and move shop? They have over 40 plants; and they'd have to move at least half to make any reasonable impact. Now you're shifting employment; and laying off tens of thousands of people in some places, just to hire more in others. The local economies aren't ready for something like that -- and the company isn't ready for such an investment. The money they'd have to pour into building needless plants and closing perfectly fine ones would far outweigh any labor savings...especially since the labor cost discrepancy is non-existant.