Thursday, February 16, 2012

Tax payers vs union auto workers

I read today union workers will be getting another check for $7,000.00 EACH as part of profit sharing.
Excuse me but why did bond holders get wiped out & how come taxpayers still own a majority of the company @ less than $24.00 a share when the price needs to be @ least $53.00 just to break even.
http://www.wkrn.com/story/16948912/gm-records-its-highest-profit-ever-76-billion

What really pisses me off is that Gm will go broke again some day & tax payers will be screwed royally yet unions will suck Billions from us -Mark my word-Time will tell.

No comments:

Post a Comment