Monday, 17 November 2008
2008.11.17 Politics and National Defense Roundup
Contributed by Bill Faith

I haven't been covering the Detroit bailout discussion up to this point but it's time to start. Obama and Pelosi think it's a good idea, a lot of key Republicans don't. To me the situation looks pretty simple; The Big Three are in trouble because over the years they've agreed to ever more ridiculous contracts with the UAW. If they go bankrupt whoever picks up the pieces can offer the autoworkers who lose their jobs new jobs at reasonable salaries, with reasonable benefits packages.

Worth knowing about today:

Contributed by Bill Faith on November 17, 2008 at 06:30 PM in National Defense, Politics | Permalink

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