My Headlines

Friday, December 12, 2008

Autoworker bailout fails Senate!

You motherfuckers, you toss trillions at killing in war, a trillion to your cohorts in banking and when it comes to one of the last American industries which is manned by American workers, union American workers who have agreed to give concessions, who's new hires only make $14 at the highest wage and whose companies have asked for a loan of a mere $15 billion, you turn your backs.

Make no mistake about it, this bill was killed by Republican Senators, they are your enemy, and for all of those working in the deep south in the Foreign auto manufacturing, which does not have any legacy costs for retirees yet, be prepared, if the big 3 are gone, your pay is gonna drop like an anchor.

With 1 in 10 US jobs attached to the big three you have tossed our country into a tailspin, the dollar has dropped overnight and how much longer before we have another 3,000,000 unemployed, while you close your eyes and leave the border open and let all help the corporations continue to force undocumented workers into servitude to feed you.

The people have shown that they are getting tired of it at the Republic window and door factory in Chicago, unfortunately it's like alcoholics anonymous, we might all have to hit the bottom before we look for change.

How long will you all bury your head in the sand before you realize that there is a war against the American worker? That's ALL American workers, they will continue to pick us off one at a time..

Bloomberg:

Dec. 12 (Bloomberg) -- The dollar slumped below 90 yen for the first time in 13 years after the U.S. Senate rejected a $14 billion bailout for the nation’s automakers.

The U.S. currency headed for a sixth week of declines versus the yen as General Motors Corp. and Chrysler LLC failed to obtain the funds they need to survive until next year. Japan isn’t considering intervening in currency markets now, Finance Minister Shoichi Nakagawa told reporters in Tokyo today.

“The dollar is dropping like a rock,” said Masahiro Sato, joint general manager of the treasury division in Tokyo at Mizuho Trust & Banking Co., a unit of Japan’s second-largest publicly listed lender. “This is a big blow to confidence in the U.S. economy. Bankruptcy protection for U.S. automakers may be the only option left.”

More info from Google

2 comments:

Anonymous said...

well said joe, we (the American worker) have no idea what the future holds at the hands of these of these "elected officials" but one thing is for sure, They hate our guts and see us as indentured slaves.

Anonymous said...

LOL, thats what I felt like saying as well! The first two words sum up my response. I agree, don't know what will happen if/when rock bottom occurs. Hungry people can do desperate things.

Labor News

Followers