facts ARE facts...
Fact is, Fiat wouldnt touch Crysler unless the Unions made some concessions...the company was DEAD under current Union bene's..
"In a clear message to American and Canadian unions, the chief executive, Sergio Marchionne, told Wednesday’s Globe and Mail newspaper that a deal on the partnership had only a 50-50 chance of succeeding because of lack of progress in talks with union leaders.
“Absolutely we are prepared to walk,” Mr. Marchionne said in an interview.
“There is no doubt in my mind.”
The Chrysler unions had to agree to match the lower labor costs of plants run by Japanese and German carmakers in the United States and Canada, he said."
I notice you suggest stuff about "facts", yet provide none...
c/p here is 2009, and independent company assessing the posibility of working under the current chrysler Union deal saying no reason to even start the business with those terms...
second, I am not sure unskilled labor is supposed to be middle class...
maybe thats why the natural economy is now seeking its true level...and guess who is not in the middle class...
Then howcome Fiat just announced they would consider taking a 51% stake in Chrysler when the IPO came out?
Anytime a business is propped up by taxpayer dollars, the private-for-profit sector ups the investment.
Using other people's money is the FIRST tenet of all private corporations.
This is why Fannie and Freddie are so beloved by private banks. They can fob-off the losses on the public while privatizing the profits.
Corporate welfare at it's finest.
Either you right wing fascists need to embrace government as your buddy, or drop corporations as your friends. Which is it?