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Last Auto Account – Right Turn: The UAW Moves In for the Annihilate This morning’s $13.4 billion betrayal to the UAW by the Bush Administration wasn’t so abundant a accomplishment for Detroit, as it is a break in the Big Three bailout drama–and a way for the UAW to escape the right-sizing crew it deserves. In the amplitude of a day, the story’s gone from a ball to an adventure of Law and Order. The ..Last Auto account –

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This morning’s $13.4 billion betrayal to the UAW by the Bush Administration wasn’t so abundant a accomplishment for Detroit, as it is a break in the Big Three bailout drama–and a way for the UAW to escape the right-sizing crew it deserves.

In the amplitude of a day, the story’s gone from a ball to an adventure of Law and Order. The break gives the United Auto Workers (UAW) actually what it wants, or thinks it wants–a way to adjournment job, allowance and account cuts until Admiral Obama gives them a abundant added affectionate offer.

So, UAW, here’s your endure adventitious to annihilate off Detroit, for already and for good. All you accept to do is authority out for a bigger deal.

Wait until January 20th afore you assurance on for any affectionate of talks to admission the accommodation money. You’ll accept aghast your way into a stalemate that alone the new admiral will be able to fix. How he’ll fix it–since he owes organized activity so abundant already–will be to pump even added money into the uncompetitive business archetypal you wish the blow of us to subsidize.

Sure, it’s an ballsy bold of Risk–but you’ve played that all along. What’s addition few weeks? Force Admiral Obama into an inauguration-week accident affair and authority him up for added federal aborigine cash.

You already apperceive he’s your guy: today, he said, “The auto companies accept to not squander this adventitious to ameliorate bad administration practices and activate the abiding restructuring that is actually appropriate to save this analytical industry and the millions of American jobs that depend on it.” That’s calling the bold in your favor afore it’s even started.

There’s a big downside to your position, though–the actual absolute achievability that either GM or Chrysler will say to hell with the civic abridgement and book defalcation just to get you off its back. In Chrysler’s case, you can calculation on defalcation getting a Chapter 7, with assets like the Ram and the minivans getting fire-saled to whomever can allow them. In GM’s case, it’ll advance to an ballsy affection advance in the car bazaar that will yield down dealers, suppliers, accessible the aperture advanced for Japanese and Korean companies to snatch bazaar allotment and yes, will yield even added of those UAW jobs forth with them.

That will not appear with Admiral Obama. For sure, he’ll inject added banknote into the accepted amount structure, blaze today’s best automotive leaders (Wagoner and Mulally), and accomplish the abutment card-check aphorism the law of the land. He’ll pratically advice you do your job for you! That is, until the car companies charge a additional and third annular of cash, the American aborigine rebels, and your jobs are gone for good. It’s be a slow, animal death, but what’s addition 5 years on top of 30 years of a bottomward spiral?

While we all plan at our jobs, blessed to accept them in this black year, it’s acceptable to apperceive the UAW association are so defended in their adeptness to about-face out world-class articles that they’re accommodating to bet the absolute American auto industry and abridgement on 18 months of allowances none of us alfresco of Congress can claim.

Michigan’s Congressional “team” are already hitting up Obama to lighten up on the accommodation conditions. So what happens if that happens, and two years from now the UAW is back, allurement for added freebies? Term limits, I hope.

If this is an alike restructuring, I’ll yield ataxia and anarchy anyday.

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