Billions for Tribute
"It's the age-old Wall Street vs. Main Street smackdown again," said Brian Fredline, president of UAW Local 602 at a plant near Lansing. "You have all kinds of funding available to banks that are apparently too big to fail, but they're also too big to be responsible.
And how responsible were GM's unions? Obama fired GM CEO Rick Waggoner. He didn't fire UAW boss Ron Gettelfinger. A failed GM got billions for failing and only because organized labor demanded it.
UPDATE: Now others are questioning why Obama spared Gettelfinger.