[cripplecreek]

While I don't want to give them the money either I still don't see any solid conservative plans aside from letting things continue as usual.



Michigan legislative action thread

[Hot Tabasco]

It's a tough call but as far as I'm concerned, the retirees have earned every dollar they were promised and deserve every consideration that can and should be granted.

I spent 35 years with my German owned company, was guaranteed a pension and health care following my retirement in 2007.

A month ago I received a notice that ThyssenKrupp was filing bankruptsy on behalf of their holding, the Budd Company (my ex employer). TK sold off all the physical assetts of The Budd Company to MartinRea back in 2006 but maintained the pension and healthcare obligations for all it's existing and future pensioners.

NOW they want to divest themselves of that financial obligation by taking their case to the Bankruptsy Court..........

That's just wrong and serves no purpose but to fuel the hatred that middle class America feels towards corporate America...........

As a side note, I'm not union, never was. TK's pension obligation is higher for the non-union employees and management personnel than it is for the UAW retirees........We're ALL about to get screwed!