Little Piggy Gettelfinger Disappointed with Bush Bailout

DETROIT, Mich. (WXYZ) – United Auto Workers President Ron Gettelfinger has issued a statement in support of the bridge loans announced this morning by President Bush.  However, Gettelfinger says he is disappointed by some of the conditions put on the workers.

READ THE STATEMENT BELOW

Waaaaahhhhhh!

“We’re pleased that the Bush administration has acted today to provide urgently needed emergency bridge loans to America’s auto companies and to pursue a process for restructuring outside of bankruptcy. This will keep the doors of America’s factories open, keep Americans working and prevent the devastating economic consequences for millions of Americans and thousands of businesses that would have resulted from a liquidation of operations by one or more auto companies.”

“All stakeholders – management, directors, bondholders, suppliers, dealers, workers – will have to participate in shared sacrifices to help the industry move forward.”

“While we appreciate that President Bush has taken the emergency action needed to help America’s auto companies weather the current financial crisis, we are disappointed that he has added unfair conditions singling out workers.* These conditions were not included in the bipartisan legislation endorsed by the White House, which passed the House of Representatives and which won support from a majority of senators.”

“We will work with the Obama administration and the new Congress to ensure that these unfair conditions are removed*, as we join in the coming months with all stakeholders to create a viable future for the U.S. auto industry.”

*emphasis added

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Just as we thought.  Bush’s willingness to subvert the will of the Senate and the American people has once again emboldened Gettelfinger just when he was beginning to hint at a willingness to make concessions.

Way to go Comrade President.  (Clap..Clap…Clap….Sigh)

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