Tuesday, March 31, 2009

Union Busting Under Obama?

Is this for real?

Remember Gordon Gekko from Wall Street? Specifically, remember how Gekko's entire scheme for the airline industry was based on crushing the blue-collar union that Bud Fox's dad (Martin Sheen) was part of? Welcome to a real life version of that story, starring corporate raider Steve Rattner, who President Obama appointed to head the White House team now overseeing the auto industry (and don't say you weren't warned).

As the Wall Street Journal reports, Rattner's strategy is to use the government's leverage to try to specifically crush auto workers and force them to accept even more contract concessions than they've already agreed to.

What the hell is going on? I have no clue. Perhaps President Obama needs a reminder from us on why he voted for him over McCain?


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