I'm a registered Republican. Not that they're really any better.

And yes, they are, if they have said as much as you claim. I'm sure you have evidence, right? (even if not, they're still idiots)

You conveniently pick a neo-con journal (fact, look it up) with a severe bias.

The fact is that secured debt is only as secure as the covenants describe. I told exactly why they fell in line along with the VEBA. Now, in addition, the author in your link makes the error of calculating the VEBA's return and comparing…

Do you have a reading comprehension problem? New or expanded manufacturing does not include repair or maintenance.

New and expanded manufacturing has NOT been going overwhelmingly to "RTW" states, as proven by Site Selection Magazine's data (and they're pro "RTW", btw).

Even going back as far as BLS data can take you,…

Anyone that has used that term is an uneducated rube. And as I stated "post entry closed shop" systems are illegal in the US. Plain and simple. They've been illegal for many decades.

The fact that someone calls you out for an uneducated anti-union rant doesn't make them a Leftie. Nor does it make me a fan of Pelosi…

No, it wasn't unprecedented.

When you buy a bond, you need to look at the covenant carefully. The covenant describes exactly what protections you have as a bondholder. In the case of GM's bonds, management moves that put the ability to repay at risk or which even utilized the same collateral (in the case of secured…

It's the term only used by uneducated rubes.

Nowhere in the US is it legal to force anyone to join a union as a condition of employment. Your "post-entry closed shop" is not a legal condition.

But you knew that. Oh wait, you probably didn't.

"The growth is happening in those states no doubt many are some of the poorest states but that still doesn't get around the fact that that is where new manufacturing is going."

That "fact" isn't a fact at all. There is no significant correlation between "right to work" status and manufacturing job growth (or rather,…

"And the bondholders suffered more as did taxpayers - many with no where near the incomes and benefits that the workers at the auto companies."

Nonsense.

For about two years prior to GM and Chrysler declaring bankruptcy, their bonds were trading on the market as junk bonds for about 30 cents on the dollar. In August…

Closed shops are illegal under federal law, and have been for 68 years.

Note that no state that has passed "right to work" laws recently has done so via a public vote. They've all had conservatives ram it through without public input, most right after denying that they would do so.

Also, there is no evidence that "right to work" has led to higher growth anywhere. Investment and growth in…

I wish I was. I just looked up prices at Warranty Direct, another provider - for a 2010 Matrix or Vibe, both with 50k miles, the prices for one of their 61 month policies were $1,989 and $2,903, respectively.

Screw the party plate - make them bolt on giant warning signs.

An amazing thing since you brought up the Vibe - I once looked some prices for extended warranties from one of the leading aftermarket providers. A 5 year warranty package on the Matrix was $1,600. An identical package for the Vibe? $3,800.

Pure freakin' profit...

They are required in Ohio. That must be one of the very least enforced laws in this state, though, because a large percentage of vehicles don't have them.

One standard for reformulated fuel may not make sense, as regional geography and climate do have impacts on what levels of which pollutants are ok. But there are clearly far too many standards. Just near where I live, there are 3 different summer standards used within a 15 mile radius. That's insane. It would…

+1.

At the very least, admit that European and Japanese standards are both pretty darned good. Let any vehicle that meets US, Euro, or Japanese standards to be sold in the US, with appropriate labeling for the consumer. I'd probably throw in the singular restriction that the country the vehicle is being imported…

There's always the classic story of the guy who bought a new Chevy Nova in the late 80s, and had the steering wheel fall off shortly after leaving the dealership. Guy swore GM was garbage and would never buy one again, and went out the next day to trade in for a new Toyota.

Well, that means you could actually do this for $2 in parts if you bought them at a reasonably priced store...

Apparently, the strength of the Canadian dollar has been harming auto manufacturing in Canada for the last decade, and continued strength isn't going to get new investments. Other than Chrysler's decision to build its next minivan in Windsor, Ontario, investments in Canadian manufacturing have lagged behind the rest…

Exactly. If there was an automation technique that would have been available for $50/mo more than a current worker, the automakers would have already embraced it. The short-term hit would have been miniscule. but the derisking of their longterm obligations would have easily outweighed the short term cost.