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To: Justaham
So let's see.

All those retired UAW guys keep their pensions and lifetime medical benefits, but the guy who made it possible for them to have these benefits loses his.

Welcome to the Obamanation.

ML/NJ

6 posted on 05/30/2009 1:53:16 PM PDT by ml/nj
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To: ml/nj

Boy you are right on target.


8 posted on 05/30/2009 2:01:01 PM PDT by newhouse
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To: ml/nj
This makes me crazy, GM as well.

Usually in bankruptcy, do you not stop the defined benefit plan, freeze it and then "maybe" offer it again on restart?

The UAW engineered that the Pension lives.

IMHO this is insane.....

15 posted on 05/30/2009 2:08:40 PM PDT by taildragger (Palin / Mulally 2012)
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To: ml/nj
Exactly what I was thinking! We are living in an upside down world. Iacocca was outspoken in his anti-Bush administration statements, wonder what he thinks about Obama’s administration.
22 posted on 05/30/2009 2:34:36 PM PDT by pepperdog (As Israel goes, so goes America!)
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To: ml/nj
All those retired UAW guys keep their pensions and lifetime medical benefits, but the guy who made it possible for them to have these benefits loses his.

Too true

This will be a full employment for attornies for years

Chrysler paid back Iacocca's bailout agreement with all interest

That's not even on the table under the current Obamanation

.

26 posted on 05/30/2009 2:37:58 PM PDT by Elle Bee
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