United Automobile Workers of America (UAW)

19798 messages,  Last post on May 05, 2013 at 2:30 PM

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#19737 of 19798 Re: The Obama Christmas gift to the UAW [imidazol97] by tlong

Dec 20, 2012 (10:05 am)

Replying to: imidazol97 (Dec 20, 2012 6:04 am)
If anyone didn't expect this kind of quid pro quo for the various unions and other supporters, they don't understand the politics this administration has been playing all along. This president plays to the low information voter.
 
Don't forget that this game was started by the previous administration.

#19738 of 19798 Re: The Obama Christmas gift to the UAW [tlong] by gagrice

Dec 20, 2012 (10:21 am)

Replying to: tlong (Dec 20, 2012 10:05 am)
Don't forget that this game was started by the previous administration.
Didn't Bush loan GM some TARP money to try and avoid BK? Obama redirected it to the UAW pension plan and then proceeded to rob the bondholders to keep the UAW happy.

#19739 of 19798 Re: The Obama Christmas gift to the UAW [gagrice] by robr2

Dec 20, 2012 (11:37 am)

Replying to: gagrice (Dec 20, 2012 10:21 am)
Didn't Bush loan GM some TARP money to try and avoid BK?
 
The Bush administration offered to loan the auto companies about $17 billion to buy them a few weeks but it wasn't intended to stave off bankruptcy.

#19740 of 19798 Re: The Obama Christmas gift to the UAW [gagrice] by imidazol97

Dec 20, 2012 (1:10 pm)

Replying to: gagrice (Dec 20, 2012 10:21 am)
>Don't forget that this game was started by the previous administration.
 
As I recall President Geo. W. Bush asked what Obama-elect wanted to do. President George W. Bush then put money toward keeping GM going until Obama could effect his wishes as the new president to save the company. As I recall during the election Obama made clear he understood the economics and had it all down pat as to how best handle the economic problems.

#19741 of 19798 Re: The Obama Christmas gift to the UAW [gagrice] by tlong

Dec 20, 2012 (1:15 pm)

Replying to: gagrice (Dec 20, 2012 10:21 am)
Didn't Bush loan GM some TARP money to try and avoid BK? Obama redirected it to the UAW pension plan and then proceeded to rob the bondholders to keep the UAW happy.
 
Yes, Bush pulled out the ice cream cups and put the scoops in; and Obama added whipped cream, nuts, and cherry on top.

#19742 of 19798 Re: The Obama Christmas gift to the UAW [imidazol97] by tlong

Dec 20, 2012 (1:16 pm)

Replying to: imidazol97 (Dec 20, 2012 1:10 pm)
As I recall President Geo. W. Bush asked what Obama-elect wanted to do.
 
I had never seen that mentioned before. Do you have a link to that information?

#19743 of 19798 Re: The Obama Christmas gift to the UAW [imidazol97] by dallasdude1

Dec 20, 2012 (1:51 pm)

Replying to: imidazol97 (Dec 20, 2012 9:26 am)
Why wasn't the UAW pension plan also one of the new owners of GM? When GM purchased EDS and Huges Satillite for millions and sold them for billions, the UAW made sure that their pension plans were fully funded. Unlike that of the unrepresented salaried, who rued the day they opted not to be represented.

#19744 of 19798 rockford... by iluvmysephia1

Dec 20, 2012 (3:57 pm)

ya out there? Are you still all militant about the UAW like always? For instance, I am a former member of Boeing's SPEEA union, the white collar union. The best thing they've ever done was earn me a great pension to start getting when I turn 62 years and 10 months old. Can't knock 'em for that.
 
I would love it if we had 100% of Social Security to pick up monthly then, too. That's in to the next decade, mind you. According to sources, that's from the U.S. Federal Government, not the Federal Reserve. Is this true or false? Does it really come from the Federal Reserve and not from the U.S. Federal Government? Apparently though you might think they're one and the same they're not!

#19745 of 19798 Re: rockford... [iluvmysephia1] by gagrice

Dec 20, 2012 (6:10 pm)

Replying to: iluvmysephia1 (Dec 20, 2012 3:57 pm)
Rocky was born with UAW DNA. He is all fired up about the Camaro being built in Lansing last I heard. He is far more into Michigan political blogs than UAW blogs. He is putting up a good stand for our gun rights. Not all liberals have it wrong all the time.
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