Our friend from the BOCS meetings, Bob Wills, lost his 87 year old mother over the weekend.
Bob, our thoughts are with you at this sad time. We feel certain she was a very special lady because she had a very special son.
We offer you our heartfelt condolences.
Big 3 Auto Company Bailout
Good grief. You hear nothing else on the news lately.
Has anyone else sorted it all out?
Right to Work states like Virginia do not have the same problems that non-right to work states have. Unions have less influence and strangely enough, workers do not seem too disappointed that there isn’t a union boss hovering around every corner.
It seems that the unions have caused some of the problems. Retirees are living high on the hog and big 3 auto workers are making approximately 60 bucks an hour when the other non-union companies are making around $40 per hour. The terms of their contracts are very lucrative. Other auto plants located in the south east where unions do not have a foothold are prospering. Their workers make much less than their counterparts in the north. How much are union dues eating into paychecks?
On the other hand, what happens if the big 3 fail? How many Americans will be out work? How devastating will the failure be on this industry? Will the American car become a relic of the past? What about the peripheral industries such as dealers, service related jobs, parts, enhancements? What will become of these folks? How many people are we really talking about?
From listening to the news, many senators and congressmen are talking about a chapter 11 restructuring of these companies. It all seems very complicated to me. I tend to look at it as a real part of Americana disappearing. What’s worth saving and why should we save it?
“Drove my Chevy to the levee and the levee was dry….Bye bye Miss American Pie.
[Feel free to make corrections on me. I was free-wheeling in my head with things I have heard the past couple of weeks. My figures might not be accurate.]
