1 posted on
07/20/2012 5:51:06 PM PDT by
madison10
To: madison10
2 posted on
07/20/2012 5:53:25 PM PDT by
stephenjohnbanker
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
To: madison10
Those union boys and girls will LOVE this.
3 posted on
07/20/2012 5:57:22 PM PDT by
Cyclone59
(Obama is like Ron Burgundy - he will read ANYTHING that is on the teleprompter)
To: madison10
China bailing out Obama’s GM union pensions 3 months before the election. There’s another 50,000 votes in swing states and $25 million campaign donations from thankful UAW officials.
4 posted on
07/20/2012 5:58:29 PM PDT by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: madison10
So China will buy the quality (but not mature) 10 year bonds the GM pension funds holds,...at a discount because the fund needs cash?
5 posted on
07/20/2012 5:59:23 PM PDT by
Navy Patriot
(Join the Democrats, it's not Fascism when WE do it, and the Constitution and law mean what WE say.)
To: madison10
My
guess is that the early buy outs and other gimmicks apply only to white collar / non union employees - those which involve a contract between employer and employee.
Sounds like this sale involves the union slugs' account - based on a contract between the employer and the union.
In the first instance the employer wins (happened to me) but, in the second instance, replacing "employer" with "investor" might be interesting.
23 posted on
07/20/2012 7:27:08 PM PDT by
norton
To: madison10
China must be pretty damned certain that the US government will bail the GM pensioners out. Unfortunately, they’re probably right so there’s almost zero risk for them.
25 posted on
08/02/2012 5:35:18 AM PDT by
Rockitz
(This is NOT rocket science - Follow the money and you'll find the truth.)
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