After taking billions, and asking for billions more, GM is touting Ch.11 again. Let 'em fail! This idiocy has to stop! GM wants 12 dollar an hour wages, zero benefits for its' employees, and they're going to get it-no matter what the unions or employees or the White House has to say about it. PERIOD. DEAL WITH IT.
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I think the best thing that could have happened to GM was not to have been bailed out, and forced to go chapter 11 to begin with. As for $12 an hour wages, they should be able to get what ever the market will allow them to get away with paying. If they are able to attract the skill level they want and need for $12.00 an hour then they should be able to pay that. if they can't attract the skills that they need, guess they'll have to offer more. No one forces anyone to work at any level of pay, a company has to decide what their willing to pay and individuals have to decide if they are willing to work for that.
The thing is-as long as Congress gives-companies will ask for more-more-more. Hell, I would too.
You got it Wulf, as long as you give handouts, people will ask for it.
Soon, there won't be anything left to hand out-real soon.