raghu wrote:
> Assuming a reasonable bailout, why is the equity not worth much? <

I'm assuming that the bailout won't be reasonable.

> This is absolutely the right strategy for the UAW. Strange they didn't think 
> of it before. <

the UAW leadership has become increasingly conservative about strategy
and tactics over the years. It takes extraordinary events to shake
them out of their torpor.

> And this is possibly a giant step towards partial socialism.<

it depends, of course, on one's definition of "socialism."

-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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