GM Inside News Forum - View Single Post - Obama Transition Said to Consider a ‘Prepack’ Auto Bankruptcy

63GrandSport001 · 11-21-2008, 01:37 PM

The best Idea Ive seen for bailing GM out is for the government to move auto workers to medical for the big three, do it for at least 5 years so they can get back on track.

For those hating the union this would instantly put US auto workers on pay parity with those of Japanese autoworkers so you get exactly what you want.

And if the big 3 still needs some cash then GM can hand them a loan for just a few billion dollars instead of the 25 billion now and 25 billion later.

11-21-2008, 01:37 PM	#15 (permalink)
63GrandSport001 4.4 Liter Supercharged Northstar Join Date: Jun 2005 Posts: 2,763	Re: Obama Transition Said to Consider a ‘Prepack’ Auto Bankruptcy The best Idea Ive seen for bailing GM out is for the government to move auto workers to medical for the big three, do it for at least 5 years so they can get back on track. For those hating the union this would instantly put US auto workers on pay parity with those of Japanese autoworkers so you get exactly what you want. And if the big 3 still needs some cash then GM can hand them a loan for just a few billion dollars instead of the 25 billion now and 25 billion later.