Not defending Obama by any means (sort of the inverse of: "I oppose the
war, but Saddam is very bad):

Getting back to Jim's point about protecting contracts, the treatment of
GM workers is another example of an attempt to abrogate contracts.


Michael Nuwer wrote:

In addition to a demand that UAW wages be reduced, there was also a call
that the 
UAW write down the Companies contributions to the VERBA Trust. The right
wing 
wants this Company liability treated the same as the bonds.

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901
michaelperelman.wordpress.com
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