US Car bailout stopped in Senate
Discussion
http://news.bbc.co.uk/go/rss/-/2/hi/business/77788...
I must say that those Republicans have a point. The US car industry is looking for public money to keep going and yet its workers continue to enjoy lavish pay and benefits.
Even in the boom times they weren't making much money due to massive employee costs for present and past employees. Without reform any bailout will just be money down the drain.
I must say that those Republicans have a point. The US car industry is looking for public money to keep going and yet its workers continue to enjoy lavish pay and benefits.
Even in the boom times they weren't making much money due to massive employee costs for present and past employees. Without reform any bailout will just be money down the drain.
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