03-31-2009, 01:16 AM
kanesa wrote:
[quote=swampy]
And of course the Unions know if they did take bailout money, they would fall subject to the "trace the money" accountability that the corporations have to face and salary caps. Wouldn't that be the last thing in the world they would want? They ain't gonna take the stinking money. And Congress won't foist it off on them like they made profitable banks take TARP money so Congress could gain control of stable banks along with failing banks.
Why would the unions be offered bailout money? For what purpose?
Would it make any difference if the government gave billions to the unions to meet payroll so GM wouldn't have to? That would amount to a GM bail out too. Once money enters an organization it is fungible. If somebody paid my mortgage it would be the same as getting financial aid for my college age child.