Sunday, December 14, 2008

Tenn. against bailout, for subsidies to VW

Disgusting.  Whatever happened to Congress defending the national interest, instead of whoring up with taxpayer dollars to any foreign company promising to bring jobs to the Home State? 

Stunts like this lay bare the self-serving cynicism and hypocrisy of those "free market defenders" in the GOP.  The free market doesn't play favorites to foreign companies with our tax money.


Auto workers union head questions VW subsidies

December 12, 2008  |  Chattanooga Times Free Press

 

UAW President Ron Gettelfinger said today that U.S. automobile companies are being put at a disadvantage by government in competing against Volkswagen's new auto assembly plant in Chattanooga.

 

The union leader questioned why government leaders in Tennessee are willing to provide assistance to the German-based Volkswagen while the state's U.S. senators declined to back a federal loan to help the Big Three U.S. car makers.

 

Mr. Gettelfinger said that trying to equalize UAW pay with what foreign car makers pay in the United States, as urged by U.S. Sen. Bob Corker, R-Tenn., is like comparing apples to oranges. In its home country, Germany provides government-paid health care for Volkswagen workers, and VW is receiving $577.4 million in tax breaks and direct assistance from Tennessee governments to build an automobile plant in Chattanooga.

 

"They use taxpayer dollars to subsidize our competition," Mr. Gettelfinger said during a news conference. "It doesn't help our industry."

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