I'm thinking that American workers are about to be clipped badly, even with an incoming administration friendly to the labor movement.
Already, we're hearing grumbles about union concessions and the layoff threat is only giving corporate America leverage.
Card check will be useful, but it will not shift the power dynamic in the current climate. Labor has to remain active and fight to make job creation a priority to limit the number of workers who need to battle for a dwindling number of jobs.
Without new jobs, labor can expect to be made to pay for corporate America's mistakes — as it has for three decdes.
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Hank Kalet 
I think while the crystal ball is still cloudy. If you are worried about the workers, I think they would be better off taking the \”haircut\” now rather than later. Better sooner!Bailouts are for the unions and the executives. Bankruptcy is the best way for the workers to preserve what earning power they can salvage. It\’s a shame that it has to come to this, but past managements gave away the enterprise and let the unions and gooferment ruin them.
The UAW has made huge, historic concessions and the auto workers have not gotten a raise for the past few years. GM has shifted the health care burden to the union. The CEOs should take massive pay cuts until their companies become viable again. They should be able to live with $300,000 a year until things improve. The auto companies will be given LOANS not bailouts. If we were not in such a horrible financial situation, I would say let them declare bankruptcy and deal with it on their own but these are special times. It\’s so easy for goofertarians to snipe from the sidelines since they have no actual responsibilities for dealing with this situation. The goofertarian solution is to always throw the people to the gutter. Goofballs don\’t give a flipping damn if millions of Americans end up in the gutter with nothing.
Sorry, you\’re soooo wrong. Concessions my tush! And, the gooferment made \”standards\” and persued Global Free Trade that wasn\’t free! (Compare import car volumens from Japan versus to Japan!) And, politicians of both D and R ilk were allowed to pander and posture! While Detroit burned.I have a GM car, GM stock is in my mutual funds, and I may even have a GM bond in my shrinking portfolio. I may even know a GM retiree. I lose in a bankruptcy!Sorry to say. The workers are going to get screwed. The union leaders and the corporate execs are going to skate away.That being said. Looking out for the workers best interest, imho, chapter 11 would preserve their continued employment at a reduced wage. Hopefully, something is better than nothing. A bailout is going to got to the unions, the execs, and the gooferment (indirectly). At the end of the era, when all the bailout money is gone, imho, the workers will be WORSE off doing chapter 11 then rather than now.Waiting might mean chapter 7 were they don\’t even have their jobs. And, we have more of a rust belt disaster.Brought to you courtesy of your gooferment. (Unless youcan figure out how to blame it on the Libertarians!_