|
| |||||||
|
« Now we applaud dictators? |
Blog Home Page
| Australia turns to socialized health care »
February 17, 2009 Obama 'Auto Advisor' a former steelworker's negotiator
They aren't calling him an "Auto Czar." But the likely nominee for the president's representative to the auto companies, Ron Bloom, has extensive experience as a labor negotiator with the United Steelworkers union and has a track record of saving union jobs :
His main achievement has been to provide the union with an understanding of corporate finance and investment banking that is often superior to the corporate managers' he's dealing with," said Marco Trbovich, former assistant to the steelworkers' president and the labor director for John Kerry's 2004 presidential campaign. Bloom is respected by many corporate executives because he appears to be able to understand their problems. But is he the right man to deal with the auto unions? "I found him first of all very, very pragmatic, not overly ideological," and "a very, very good negotiator," Mr. Ross said. Those who wanted someone who would stand up to the UAW and get them to take the kind of wage and benefit cuts that would make Detroit competitive again will probably be disappointed. I think this presages a virtual takeover of the auto industry by a government-union partnership with the companies having much less freedom to design and market cars. It probably won't be obvious but the result of any agreements signed by the companies for more federal bail out dollars will be the end of the US auto industry as we know it. Hat Tip: Ed Lasky
|
Recent Articles
Blog Posts
|
|
|