[Pen-l] Bridge loan for auto

["Charles Brown" <charlesb@xxxxxxxxxxxxxxxxxxxxx>]

Dear Iris,             (http://www.unionvoice.org/ct/8pad1M11Nq-r/)  
Our economy is in crisis, and now we are on the brink of  losing our
U.S. 
auto industry. If GM, Ford and  Chrysler collapse, the effects will be
felt  
everywhere. From machinists at parts manufacturers  to beauty salons in
auto plant 
towns, millions of jobs  would be lost-deepening the impact of the
current 
recession  for all. 
The stakes couldnât be higher, and our lawmakers  need to take
decisive 
action now to avoid unthinkable  consequences.  
_Urge Congress to offer a "bridge loan" to our  automakers and help get
our 
economy moving  again_ (http://www.unionvoice.org/ct/8pad1M11Nq-r/) . 

An emergency bridge loan, enabling domestic automakers to  keep the 
production lines moving, is a necessary step to  revitalize the U.S.
auto industry, 
protect American jobs and  begin rebuilding our economy. The automakers
have 
submitted  plans to cut costs and strengthen products, and the UAW has 
announced 
that workers will do their part, too. 
But this is not enough. The automakers need  additional financial
resources 
to weather this unprecedented  economic downturn.  
_Contact lawmakers and demand they  support an immediate bridge loan to
GM, 
Ford and  Chrysler_ (http://www.unionvoice.org/ct/8pad1M11Nq-r/) .  
The bridge loan requested by the automakers and endorsed  by the UAW is
not a 
blank check like the ones Henry Paulson  has handed out to Wall Street
banks. 
All three  automakers have provided detailed roadmaps to Congress for 
how 
they will utilize these loans to revitalize their  companies.  
Time is running out, and we need Congress to act  now. Hearings are
being 
held this week with the  automakers, and Congress is expected to vote
on the 
rescue  plan next week. Your voice can make the difference for  workers
across the 
country.  
_Contact your lawmakers now and encourage them  to support an immediate

bridge loan to GM, Ford and  Chrysler_
(http://www.unionvoice.org/ct/8pad1M11Nq-r/) 
.  
Thank you for all you do. Together, we can save good  union jobs and
help 
rebuild Americaâs middle class. 
In solidarity, 
Marc Laitin
AFL-CIO Online Mobilization  Coordinator 




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