The UAW and the Big Three recently made a deal to shift their crushing pension and health care obligations off the carmakers. The corporations will fund a huge trust that the UAW will operate and use pay the workers/retirees their benefits. On the surface, this is a great plan. The Big Three won't have to carry their crippling pension obligations going forward. The union gets major clout. The workers still get their promised checks. Everyone wins
Thinking deeper, though, there are major problems. The biggest of those is the fact that the Big Three don't have the scratch to fund the trust right now. They're near bankrupt as it is, and they just don't have the spare billions they need for the trust. So, they're knocking on Uncle Sam's door.
Should Uncle Same give 'em the cash? Obviously not.
The money would go straight into the UAW trust and be paid out to retired UAW members. It would amount to massive theft, UAW workers staling from the taxpaying public, from their neighbors. That's not how a free country is supposed to work.
Will Uncle Same give 'em the cash? Probably. Definitely.
Obama is too Marxist to pass up an opportunity like this. He'll give the car companies a few billion, knowing that he's really giving it to a labor union. Worse, Obama will probably push through his universal health care system. That'll mean that the UAW won't have to use their new trust wealth to pay for worker health care, because Uncle Sam will do that for 'em.
It's all about wealth transfer. Government under Obama will be all to eager to do that.