The mouth pieces for the republiCon party, like Glen Beck, Hannity, Rush, etc. are favoring bankruptcy for auto makers but not banks. Why? Because bankruptcy for auto makers will help the wealthy execs and harm the blue collar employees. But for banks bankruptcy would hurt only the wealthy execs. The republiCon party is all for the wealthy.
The republiCon talking point for justifying reducing the pay for the auto maker workers is that they supposedly get paid $70 per hour. This is a republiCon lie aimed at harming the workers. No worker gets paid $70 per hour. What the automakers are actually saying is that it costs them $70 for every hour of labor. The workers don’t get it all. The automakers are including the money they are paying to retirees in the $70. Now this money that they are paying retirees is money the retirees already earned. Also, I believe that money spent by the automakers on training is also included in the $70.
If anyone has an actual breakdown of what all is included in the $70, I would love to see it.
In any case the republiCon talking point is to lie and state that current workers (as compared to no-load execs) are paid $70 per hour.
Today the republiCon party is made up of the wealthy and the gullible.
This is also posted at:
http://watercoolerwars.blogspot.com/