Says the farmer to the fox, standing in front of the henhouse (okay, really… I was raised in the country. Henhouses don’t need KEYS).

UAW Said to Get 55% Chrysler Ownership, Board Seats (Update1)
By John Lippert and Mike Ramsey

April 28 (Bloomberg) — The United Auto Workers union’s retiree health-care fund will own 55 percent of Chrysler LLC in exchange for cutting in half the automaker’s $10.6 billion cash obligation to the trust, people familiar with the matter said.

You know… this hurts. I am but the product of Louisiana Public schools as far as formal education, but I **DID** pay attention while I was there. Do these people NOT remember the little stories kids used to hear, things that taught principles and truths, stories about killing the goose that laid the golden egg? Aesops’ fables? Stuff like that?

I’ve worn a blue collar too many years to lay the entire fault of the failure of the American auto industry on the UAW, but while they might not have wielded the knife to kill the goose, they were waiting there with a bag to collect the eggs.

…

Separately yesterday, General Motors Corp. said it will be at least half owned by the U.S. government under a plan to slash its debt and cut dealer ranks nearly in half.

So there’s where we’ll be: two major auto producers majority owned by two socialist organizations, the Federal government and the UAW.

I’m going to take another step I hate to take and tenderly remind my readers that in Germany there was a period in which major industries were under the control of the government or pro-government people. It’s your job to see if you can figure out what that period was.