Look, the GM is literally days/weeks away from bankruptcy without loans from US Govt and still, the unions are barely budging. If I were in charge of the union, I’d basically agree to anything to keep the company going and keep job, even if it meant big pay cuts…

We discussed this before … All those contracts have been renegotiated and re-renegotiated. Labor is less than 10% of cost of a new car by the big 3. Even if all workers at GM agreed to work for free, that by itself would not be sufficient to make GM profitable.