[G.Mason]

" This is another good reason to not let United avoid its pension obligations ... "

Excuse me, but isn't this a done deal? What do you mean "not let"?

Seems to me this is what we get in a federally propped up economy. The airlines cannot be allowed to go under, Amtrack cannot be allowed to go under, GM , etc. etc..

Meanwhile the unions, who aided and abetted in driving the airlines, auto industries, the nations public school system and others, into rot and decay, are now zeroing in on WalMart, and the feds keep printing money and tell us that we are doing swell.

You could take that to the bank, but it won't lower your "interest" rate.

[Brilliant]

The judge could convert it to Chap. 7, let it go out of business.

[JesseJane]

CA state budget is in the red as everyone knows, but another large part of the reason beside services for illegals, is the money promised to State Employee union pensions. Some retire at full pay for the rest of their life. All this for votes. Done under Gray Davis. When the state goes bankrupt, I suspect the promises will go too. Its not far away. Civilians have been getting hosed for years now, but unions could vote themselves more from the public treasury and toss the finger wave to the rest of the unwashed. There will be a domino effect. It will catch up with states than refuse to control their spending and promises made with answers of more taxes only. When they dessimate the working class, and wages go down, tax revenues go down. Somehow this concept is lost on the average politician as they are happy to squeeze the tax payer with extreme malice.

[.cnI redruM]

United needs to be allowed to go completely out of business and never offer another flight. We need to let failure have a negative consequence. Otherwise, any intelligent cost accountant will tell you that failure is always cheaper to produce.