On Obama’s Chopping Block: It's The Turn of General Motors

The greatest single attack on American workers since the Great Depression


by Shamus Cooke
Global Research, May 22, 2009


"Obama’s autoworker precedent will encourage other companies to destroy union contracts via bankruptcy; the stage is being set for a colossal attack on the American working class. Already wage cuts are being implemented throughout the U.S., alongside massive unemployment — Obama’s technique is simply a way to hasten the process, so that the speed and scope of the recession is equally matched by reductions in wages and benefits."


The alarm bells should be ringing day and night about what’s being prepared at General Motors — the ripple effects could produce tidal waves.

The Obama administration has made no secret about its plans for GM: the Chrysler bankruptcy was the “test case,â€