Bailout and Wages

By LAURIE KELLMAN - Associated Press Writer

WASHINGTON(AP) When the auto bailout talks collapsed, Sen. Bob Corker won by losing.

The freshman Republican from Tennessee represented conservative Republicans who opposed the $14 billion rescue package passed by the House and saw Senate negotiations as one last chance to bludgeon organized labor before the GOP minority shrinks and Democrats expand their control of government.

Corker late Thursday pushed the United Auto Workers toward a firm date in 2009 by which wages and benefits would be reduced to match those of foreign manufacturers _ a demand that by all accounts was the deal-killer

Comments by 4mainstreet

Why are they not making all of them at the top do the same thing.
When working people are told to take a cut in pay and benefits, does the rest of the company above take a cut and give up their benefits, no they give them self a raise. How about our government will they cut their wages and benefits to help in this time of the poor economy NO.
Has any body ever noticed the cost of living go's up while we are told we are making to much, then our wages go down but the cost of living keeps going up, why? look at what management gets, there is the cost of living.
When we want to keep up with the cost of living they say they can't afford it, then turn right around and give them self a raise.
Well I think it is time to demand they ALL come back down to reality and cut their wages and benefits, and put that money back into the companys and country, not their pockets, then this COUNTRY will be solvent and not have to live out of the banks.
Banks are support to be for saving and and lending, not supporting living habits to keep with the jones or the family next door.