Monday, May 11, 2009

Las Cucarachas

Here is an impassioned, well-written artile by John Drew, of UAW, about the travesty of taxpayers bailing out Chrysler - while they are now planning on building a new plant in Mexico, yet closing down the plant in Kenosha.

But this is exactly why the deal went through. American workers had to be expendable, production had to be allowed to use new cheaper (Mexican) labor. All in the name of competitiveness and cost reduction. Somehow, executive salaries are never part of this restructuring.

The middle-class American worker must continue to make sacrifices so that hedge fund managers and bankers don't have to.

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