Butterfly Rewards - earn free credits and redeem for good causes -  learn more!
my care2
make a difference

causes & news

news network

socially conscious news and video shared and rated by the community

Despair in Detroit; Collapsing Auto Industry


Business  (tags: auto industry bailout, Big 3 automakers, GM, Chrysler, Ford )

Road
- 195 days ago - youtube.com
Fault Lines looks at the collapsing auto industry in Detroit, with Ralph Nader and Ron Paul..Did you know that GM did a deal with unions to save all jobs, but then cut them all in secret, after the deal was done?
Comments

Joycey B. (693)
Saturday May 16, 2009, 7:12 pm
Thanks Eric.
 

Kim stands for PEACE (140)
Monday May 18, 2009, 2:27 am
An industry which has made million$ off of the backs of workers, now finds itself in troubled waters.
It's interesting to note that the big auto industry could have sided with the universal healthcare proponents and helped themselves cut costs in healthcare insurance, but didn't. Makes you wonder why? Who in Washington wields the power to dissuade these power-houses from adding their support to universal healthcare?
 

Road LessTraveled (3165)
Monday May 18, 2009, 8:56 am
Good question Kim... Think about the auto industry task force... all financial company roots and chiefs..

They do not like unions, or benefits, as that cuts profits. In their world, no unions can exist, no healthcare benefits allowed and no retirement either, unless you invest in stocks privately with them... They want you to buy insurance privately and on your own. They call it free market capitalism. I call that rape and pillage.
 
Or, log in with your
Facebook account:
Please add your comment: (plain text only please. Allowable HTML: <a>)
20
20 log in or sign up to start earning Butterfly Credits today!


Track Comments: Notify me with a personal message when other people comment on this story


Loading Noted By...Please Wait

 

 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.
Copyright © 2009 Care2.com, inc. and its licensors. All rights reserved