First off I have acknowledged plenty of times that there is a problem with the union contracts, that problem is the rising cost of health care. Control that and you will help out many companies. Union and non-union. Fact is that the UAW revised health care agreement that comes into play in 2010 will save the company billions. And that is just for retirees. See, revise health care plans - save money.
It's a shame that you will continually blame the union and worker and never set blame on management. They are rewarded for bad decisions and the workers get screwed or told that it's their fault because they have a union contract.
Lavish union benefits.... yes a PPO, hopefully a pension plan (which in many cases aren't part of the contract these days) and fair wages. How horrible is that. Damn them for having a good medical plan... a PPO plan that many people have in other industries. So your plan is to let them all go bankrupt? Ok to bail out companies like AIG who spends money recklessly and then just keeps asking for money. Come on, they WASTED hundreds of thousands of dollars on a retreat and think nothing of it. And do not even apologize for wasting the funds given. It's ok that $108 billion of the first $125 billion was reserved to pay for compensation and bonuses?
But do not bail out the big three. Makes sense to me.
With all of that being said... I will tell every union person I know in the UAW that you say they have it great.