AUTO INDUSTRY RESCUE - WHAT IS YOUR REACTION???

In these past few months we have focused upon the Big 3's policies and practices. I am afraid they will be back for more in almost a year. I would be surprised if they were not back for more in the near future.

Ive worked in the auto industry for many years and for the sake of the many non UAW supplier plants and their employees it will help them more in the short term. It is not a popular decision but it is one of compassion that needs to be made for the sake of the supplier base.

The employees of the supplier base to the big three are a mix of Union contract and non Union Contract workers. These are people that are hard working, the ones that are your next door neighbors. They don't have pensions or Jobs Banks or even 100% benefit coverage.
For many years the supplier base has been bearing part of the burden of the big 3's overhead having to sell parts to the Big 3 for little or no margin so the big 3 can cover their overhead. Many call it the "Lopez Doctrine" after a former President from GM who introduced supplier purchasing strategies that are some what harsh.
95% of the supplier base now do not have the wages and benefits of the Big 3 hourly employees. Yet these suppliers are indirectly at the mercy every three years during contract negotiations as it has impacts on them as well. When I think of the loan the government is giving out I hope that this is going to keep the suppliers in work