Charles writes: ^^^^^ >> CB: Think Big. The US automobile company capitalists still get paid >> whether they run the company down or not. They know they'll get bailed >> out ; Chrysler was bailed out in 1979. Too big to fail was started >> with Chrysler. And the route through bankruptcy to busting workers >> wages was pioneered by the airline company capitalists a while back.
Much of the existing Chrysler/GM upper management was fired and all of the shareholders were wiped out. I really don't think the Chrysler/GM management was motivated by the desire to screw workers -- more that the unionized agreements were an impediment to what they really wanted to do -- sell cars at a profit. David Shemano _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
