I agree that the H3 is one of GMs best engineered and built cars. As for unions and auto workers, I'm talking from an ex-military and small business owner background and I have to admit there are pros and cons. As an ex-military pilot, I have many friends who went with the airlines and they are now retired and have lost their pensions and health insurance, their only voice was the union, and it is happening in many other companies too, such as Delphi. We are creating a large class of older retired people that have lost their buying power and pensions - I am so thankful to have a military pension.
I have a brother that is an Economics Professor at Washington University and he feels if GM goes into bankruptcy, health costs will increase in the US, the economy will suffer a depression as older pensioners loose their buying power and it's trite but true - as GM goes, so goes the US economy. It's not just GM, and Delphi, it's hundreds of support companies and employees too. I feel bankruptcy has become a tool to dump company pensions and health insurance and bust unions and you and I will end up shoring up the PBGC with increased taxation. This I feel is morally unacceptable. Originally, after owning a small business and dealing with unions, I was anti-union and felt the unions brought a lot of this on themselves, but now, older and wiser, I am starting to see they have some major benefits to the US economy and health and welfare of large groups of workers. In Japan, if a company fails financially or breaks its contract to retirees the CEO and executives go to jail - sometimes for life! MY TWO CENTS WORTH!
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