[outpostinmass2]

It only worked in that no-one in his right mind would ever by stocks or bonds in a union shop anymore.

Just wait when cities and states start settling their municipal bonds in the same fashion in order to pay for pensions.

GM and Chrysler are just walking dead. When they have more layoffs their won't be enough Democrat voters left to justify another bailout.

[Timocrat]

It only worked in that no-one in his right mind would ever by stocks or bonds in a union shop anymore.

Another point that needs to be emphasized. Any pension trustee that invests in a company with a large union labor force needs to be sued for the shirt off his/her back for gross negligence. They are on notice that their investment can be expropriated without compensation at any moment and there's nothing they can do about it.