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Title: UAW and Chrysler
Category: Other
Blog Entry: The UAW is on strike against Chrysler over benefits, job security and health care. Unlike GM, which only lasted only 2 days, the standoff will likely be longer with Chrysler. Its owner, the private equity firm Cerberus is expected to take a harder stance on lowering costs and making the automaker competitive. It is a game of chicken. Who will blink first???? My call is the UAW.