tag:blogger.com,1999:blog-8624059052866931768.post9071152764573778262..comments2023-08-16T23:14:15.979+08:00Comments on 獅子山下 Under the Lion Rock: 美國先嘗干預惡果LRI Adminhttp://www.blogger.com/profile/00232521408344813906noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8624059052866931768.post-5957553921912345082008-11-17T13:01:00.000+08:002008-11-17T13:01:00.000+08:00The bailout of GM is about the survival of UAW, fr...The bailout of GM is about the survival of UAW, front and center. If GM ends up filing Chapter 11, the bankruptcy court is likely to force UAW to make a lot more concessions (particularly fringe benefits) than it is willing to. The Democrats just won't let the bedrock of their party weaken.<BR/><BR/>It doesn't look like Congress has enough votes to overcome a possible Bush veto even if they wish to push through a rescue package, so it is a matter of whether GM can survive until January 20.Alvinhttps://www.blogger.com/profile/04817397371869956560noreply@blogger.com