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The Unions have helped put a lot of Congress people in office. They also helped Obama. GM can't just break contracts by there own whim. The Judge has the say what they are going to do. Federal judges are subject to political pressure. They may not be so quick to throw the Union out the door. Gotta have somebody work the lines while in Chapter 11. What you will see is more of the debt holders getting the shaft as long as they are not parts suppliers. The Union has been working with GM to concede some. The debt holders are the holdouts. They dont think that the government will force GM into bankrupcty, so their debt is safe. Let the workin man take the screwin.
And yes from original post.
Implant car companies are only doing business here because it makes them more money to take home to their country, while ours slowly dies. They just don't put that in their ads.
"Out of work ? Eat your imports."
Remember that saying. How true will it be?
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