MB Software Solutions General Account wrote:

>> The GM retirement plan is guaranteed by the US government or so it
>> seems from what I have read.  If they fail, they still get paid by the
>> tax payer instead at no loss.  Sucks for the rest of us.
>>
>> Because of this little tidbit i think the government is trying real
>> hard to duct tape them for the short run.

> I'd love to think they could fix it, but even their own auditors doubt
> it.  Better to let them go to bankruptcy and restructure, imo.  Would
> that allow them to bust out the union?  The unions today don't serve as
> they once did.  They're as bad as the insurance companies and
> ambulance-chasing lawyers driving up other costs.

Hi Michael!

I wonder if the union will restructure if GM does?
-- 
Regards,

Pete
http://pete-theisen.com/
http://elect-pete-theisen.com/

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