The US Auto Workers & Their Fat Checks!

November 21-2008:

The US Auto Workers & Their Fat Checks?

The US auto industry have enjoyed relative ease and prosperity with their unionized factories and manufacturing plants. The also enjoy a pension plan, health insurance for employees, and could rely on their Trade Union reps to bargain on their behalf when the need arises.

However, these auto companies have not been realistic in terms of fuel efficiency, atmospheric concerns, and affordable vehicles for the local market consumers. Due to their inability to change as the international demand for new, different, fuel efficient, and ozone conscious concerns grow.

Today they are heading for bankruptcy, which I am sure must be contemplated, in order for them to do some serious overhaul, employee reductions, a recalibration of their systems for newer and bio fueled cars. Which will help them to be more competitive in the future.

No amount of money sought in a rescue plan at this time, will prevent the inevitable from happening, if these companies fail to do all of those things outline above!
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Are Expectations Too High For Barack Obama's Presidency?

For some people, this may be so. But any realistic person or people who are residing on this planet will know that this economic crisis is a global one.

Some say has it's genesis right here in the good old USA, and has infected the rest of the world.

However, for those millions without employment and very slim chances of acquiring one soon, and for those who have lost their homes, or on the verge of losing it very soon. I say to these people, hang in there for as long as you mentally and psychologically can.

Because Barack Obama will inherit a financial legacy which he personally has no hand in period, but took the initiative to run for president, with the hope of making things right and just for all Americans.

So let us give him the necessary space, time, and support that he will desperately need after the swearing in!

Derryck.
NYC.