Republicans defending Americans from the auto industry.

While I have many complaints that I have issued toward the Republican party, right now they are showing a certain amount of leadership that should be noted. The Big 3 (GM, Ford, Chrysler) are asking for 25 Billion dollars in bailout money. They are accusing the economy of destroying their business and furthermore threatening the country with devastation if they are allowed to fail.

The truth is that the big 3 are destined to fail, they have created this situation themselves and it has nothing to do with the economy. The economy merely exposed their rotten infrastructure. Look at this:

A blogger named Mark Perry wrote the following:

"Total compensation per hour for the big-three car makers is $73.20. That’s a 52 percent differential from Toyota’s (Detroit South) $48 compensation (wages + health and retirement benefits). In fact, the over sized UAW-driven pay package
for Detroit is 132 percent higher than that of the entire manufacturing sector of the U.S., which comes in at $31.59."

UAW(United Auto Workers) is a labor union whose only purpose is to leverage better pensions, payments and benefits for their employees. The UAW systematically destroyed the big 3. As you can see other companies are doing just fine, making cars and selling them with reasonable salaries - like Toyota USA for example. However the Big 3 pay out $73/hour!!!!

This comes out to 108,000k a year! Average US income is 45k/year. This is absolutely absurd and if the Democrats get their wish(who are in bed with the labor unions), they will be bailing out the UAW not the auto industry. As an American you should write to your congressman and demand that no money be given out to these people. This is a blurb from CNN.

WASHINGTON (CNN) -- A standoff between congressional Democrats and resident Bush continued to brew Wednesday, as lawmakers pressed a skeptical administration to help ailing U.S. automakers.Congressional Democrats want the Treasury Department to offer the troubled automakers loans from an unspecified portion of the $700 billion bailout package originally passed to help the financial industry, which is reeling from the global credit crisis. The White House and congressional Republicans have not signed on to support such a move, however.

Disagreement over how to help automakers could result in a confrontation between congressional Democrats and the Bush administration just as Bush is preparing to leave office.

President-elect Barack Obama also voiced support for government aid to the automakers during his meeting with Bush on Monday. The controversy could pull him into the center of the political fray even before he formally takes the reins.

If Obama gets his way, the American tax payer will be writing a paycheck to the UAW encouraging and continuing their despicable behavior.