[MRM]

I can't believe the union is risking it. This is the nuclear option. Both the union and GM are gambling their very being as ongoing enterprises. I don't think both can survive.

We haven't seen any strikes like this since the 1970s. If the strike doesn't settle in 24 hours it will be a fight to the death, complete with picket lines, boycotts, and violence. I can see the strike lasting for two years. At the end I think GM will break the union.

GM will be in it for the long haul. If they give in, they will be binding themselves to a contract that might doom the company, so they think they have nothing to lose. On the up side, if they break the union they will be a domestic car manufacturer without a union. The risk is worth it to GM. It will be long, it will be nasy, it will be expensive, and at the end of it GM might be union-free.

Stay tuned, if it doesn't settle within the next week, it odds are good that it will be war. If it doesn't settle within the first week it will be war. The auto industry will never be the same. This is historic. The ramifications are breathtaking. I can't believe the union is risking it. Did I say that already?