|
|
|
![]()
Nov. 24, 2008
A Special Message about the Emergency Assistance Package for the
U.S. Auto Industry
Sisters and Brothers,
As we head into the
Thanksgiving holiday, let us not forget that our nation’s economy is
in crisis. We’ve all felt the effects of this difficult time and we
need to do what we can to prevent the crisis from getting worse.
That means supporting an
emergency assistance package for the U.S. automakers. Let’s be
clear: this is not a bailout that only helps Wall Street. This is an
absolutely necessary loan to aid Main Street and protect our jobs.
The auto industry
employs millions of hard working men and women and provides health
care and pensions to millions more retirees. These family-supporting
jobs are vital to communities across the nation. But this issue goes
far beyond that – millions more jobs, including tens of thousands
of USW jobs - are directly tied to the auto industry.
If the auto industry
goes bust, chances are our jobs will go with it, and our
entire economy will spiral deeper into peril.
So supporting this
package isn’t just about solidarity for our brothers and sisters at
the United Autoworkers and other unions, although that on its own
would make this a worthy cause. It’s about saving our economy,
protecting the middle class and fighting for our families.
Here’s what you can
do right now:
Here’s the message we
need to send: Congress must act in December to avoid the terrible
consequences that would result from a collapse of the domestic
automakers. It must pass legislation providing an emergency bridge
loan to enable the domestic auto companies to continue their
operations. At the same time, it should include requirements that
will protect the taxpayers, and ensure the accountability and long
term liability of the domestic auto companies.
As always, thanks for
all you do.
In Solidarity,
Leo W. Gerard
|