Dec 12, 2008

Greed Oink Part 2

Ok, so the help package to bail out the Big 3 Auto companies did not pass. Why must the UAW see a cut in pay to save the companies with this bailout. Oh I forgot they are only blue collar middle class.
The Wall Street bailout did not require any cut in pay for those workers or the CEOs.

Tell me why in a bailout package telling the UAW workers they have to take a cut in pay is there a pay provision, which would give federal judges a raise of almost $5,000, Members of Congress, however, who presently make $169,300 a year, will automatically receive a raise of almost $5,000 on Jan. 1. But they are not cutting their pay either. Funny how this barely made it in the news and was never really mentioned together with the bailout not passing.


Here is a noble idea. Have congress make it into law that every worker in the US get a 2.8% COLA raise every year just like they automatically get or vote themselves to receive every year. While at it, give everyone the same health and benefit packages they get as well. And raise the minimum wage. Do all that and unions can deal with workplace issues and grievances.

Double standards keep getting in the way of getting our country and Economy on track. We still have to protect the rich folks. Now we have the Bernard L. Madoff Investment Securities LLC Pyramid scam that bilked up to $50 Bln and he may only have to do several years and pay a couple million in fines. Here we go again I see another bailout coming to recover another $50 Bln lost to greedy CEOs and White Collar rip offs.

No comments:

Book Instructions

You Tube Safety Bike