Big 3 Aid or Lucy holding the football for Charlie Brown?

[European Socialist]

Every day that goes by with no plan increases the chance of an attempted butt kicking of the UAW by the Stinking Rotten Repukes.

[Phred42]

1. Here

[OnceUponTimeOnTheNet]

2. Lucy! nt

[JohnWxy]

3. I have wondered whether the WH will take long enough to get something ready that the time will run

out and it won't maatter and the WH can say "Well, GOLLLLLLLLY, we were comin'. We just didn't quite get there in time. Awww shucks. Too bad. No domestic auto industry."

Just like the people waiting for aid in New Orleans. Waiting, waiting, waiting. Meanwhile banks got billions that they aren't loaning but are using for dividends to stockholders.

[JDPriestly]

4. GM has to present a plan, too.

The UAW obviously has very little control over that. All the UAW can do is make more and more concessions at the expense of workers. The overall economy, the dishonesty on Wall Street and in the mortgage business that caused the economic melt-down and the management of the American auto industry are to blame. Only the management of the American auto industry has the means to change the situation -- and their best strategy would be to quit and make room for better managers/better companies. Breaking up the huge companies might be a good place to start. The companies got too large. No one was really watching the details.

[JohnWxy]

5. Earth to Mars. GM and Ford and Chrysler along with the UAW presented a detailed plan which the WH

endorsed. THe destruction of the auto industry is not going to fix the Credit Disaster Recession we are in which brought buyers of cars and everything else almost to a complete halt. (Toyota's Oct sales were down 34%, Hondas down 32%).

THis summmer the price of gas hit $4.10 a gallon and people started curtailing their spending then. The credit disaster killed off sales of cars not only by domestics but also by Japanese and everybody else. Car companies the world over are in trouble. Economies the world over are in trouble.

This recession wasn't caused by detroit auto makers and it won't be fixed by killing them off. This disaster was caused by deregulation of the financial services industry and by the Cheney administration policy of low interest rates which inflated the housing market.

[European Socialist]

6. What will be the excuse for taking so long?

When Congress had all the info gathered last week.