CNN reports: Report: GM, Ford seek health care deal. Look, we're not lawyers or union members or economists or truckers or bankers or judo instructors or negotiators or gynecologists* or diarymaids or balloonists or dock laborers or bounty hunters or gladiators* or embalmers or journalists or innkeepers or horseshit scrapers or the Pope, but we have to wonder if taking the stock from companies that ain't-a doin' so well to fund your health care system makes any sense.
But getting the union to agree to take the automakers' shares might be difficult, given the ongoing losses and market share declines that the automakers have seen in recent years.
Simple cash makes for good labor negotiations.
*Alison Krauss knows us as Dr. Love, her gladiatorially built gynecologist. Oh, we take her insurance, baby, we take her insurance.