general motors bankruptcy shareholders

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general motors bankruptcy shareholders
Why did Barry go out of his way to make sure the UAW was made whole in the GM and Chrysler deals?

“It’s been a long time since American devotees of Marx (Karl, not Groucho) have had much to cheer about. But with the bankruptcy filings of General Motors and Chrysler, and the transfer of stock ownership from the firms’ long-suffering shareholders to the government and unions, communists of the world can rejoice. The workers are now, finally, significant owners of the means of production.

“The United Auto Workers control about 65 percent of Chrysler and 17.5 percent of General Motors.”

http://www.slate.com/id/2219607/

Well, could it have been Political Payback!

No!

No Democrat from Chicago would do that!

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