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Auto bailout

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Auto bailout
US_Tank
Guest
 
#29
12-18-2008, 08:11 PM
 

If this by the NLPC is wrong..............

 

http://www.marketwatch.com/news/story/NLPC-Says-Obama-Faces-Dilemma/story.aspx?guid=%7B47FCE7A2-AD69-4CDB-A484-ED2A7E819AE8%7D

 

...then where will the bailout money go?   For what purpose?   At $25 billion in debt it will go to meet Union requirements.   The Big 3 can only sell so many cars.  Sure there is retooling that they say they have to do.   But that won't increase sales, it will only try to keep them in step with foreign automakers.


The NLPC in this article explains what is.   And that GM has to make a payment of $7 Billion dollars to the Voluntary Employment Benefit Assoc. in 2010.   This is a retirement plan that the UAW controls.  How will it do so? 
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Messages In This Thread
[No subject] - by madurodave - 12-17-2008, 03:23 PM
[No subject] - by US_Tank - 12-17-2008, 03:47 PM
[No subject] - by Vitamin G - 12-17-2008, 04:10 PM
[No subject] - by sergione - 12-17-2008, 04:31 PM
[No subject] - by bartok - 12-17-2008, 04:43 PM
[No subject] - by fishhound - 12-17-2008, 04:46 PM
[No subject] - by US_Tank - 12-17-2008, 04:59 PM
[No subject] - by Rob The Long Island Cowboy - 12-17-2008, 05:04 PM
[No subject] - by sergione - 12-17-2008, 05:18 PM
[No subject] - by US_Tank - 12-17-2008, 05:21 PM
[No subject] - by davidwys - 12-17-2008, 05:27 PM
[No subject] - by fishhound - 12-17-2008, 05:30 PM
[No subject] - by sergione - 12-17-2008, 05:42 PM
[No subject] - by fishhound - 12-17-2008, 05:49 PM
[No subject] - by Pete - 12-17-2008, 07:21 PM
[No subject] - by US_Tank - 12-17-2008, 08:27 PM
[No subject] - by fishhound - 12-17-2008, 08:59 PM
[No subject] - by Djaric - 12-18-2008, 01:03 AM
[No subject] - by US_Tank - 12-18-2008, 01:15 AM
[No subject] - by fishhound - 12-18-2008, 03:26 AM
[No subject] - by fishhound - 12-18-2008, 03:32 AM
[No subject] - by US_Tank - 12-18-2008, 04:34 PM
[No subject] - by US_Tank - 12-18-2008, 04:46 PM
[No subject] - by SmokyOneKenobi - 12-18-2008, 04:55 PM
[No subject] - by fishhound - 12-18-2008, 07:35 PM
[No subject] - by fishhound - 12-18-2008, 07:37 PM
[No subject] - by Tonto - 12-18-2008, 08:00 PM
[No subject] - by US_Tank - 12-18-2008, 08:00 PM
[No subject] - by US_Tank - 12-18-2008, 08:11 PM
[No subject] - by fishhound - 12-18-2008, 08:17 PM
[No subject] - by US_Tank - 12-18-2008, 08:37 PM
[No subject] - by Tommy2guns - 12-18-2008, 09:03 PM
[No subject] - by madurodave - 12-18-2008, 09:06 PM
[No subject] - by madurodave - 12-18-2008, 09:16 PM
[No subject] - by fishhound - 12-18-2008, 09:17 PM
[No subject] - by VEGASVIXEN06 - 12-19-2008, 02:47 PM
[No subject] - by TheFife - 12-26-2008, 06:51 PM
[No subject] - by Skipper the cigar aFISHinodo - 12-26-2008, 07:58 PM
[No subject] - by Tonto - 12-26-2008, 10:16 PM
[No subject] - by US_Tank - 12-26-2008, 10:21 PM
[No subject] - by Skipper the cigar aFISHinodo - 12-27-2008, 10:18 AM
[No subject] - by Vitamin G - 12-27-2008, 10:46 AM
[No subject] - by Jimmie the Mum - 12-27-2008, 10:48 AM
[No subject] - by US_Tank - 12-27-2008, 11:18 AM
[No subject] - by mycigarlink - 12-27-2008, 12:02 PM
[No subject] - by sergione - 12-27-2008, 01:42 PM
[No subject] - by US_Tank - 12-27-2008, 01:47 PM
[No subject] - by Skipper the cigar aFISHinodo - 12-27-2008, 03:49 PM
[No subject] - by sergione - 12-27-2008, 04:13 PM
[No subject] - by Tonto - 12-27-2008, 08:03 PM

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