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To: nascarnation
Appreciate the support. Watching my 42 year pension will go down the tubes along with Social Security and Medicare. Thank God my kids are prosperous, maybe they'll take me in.

When GM defaulted on their bondholders and paid the UAW instead, they crossed a clear moral line. Besides being a violation of contract law and bankruptcy law, that was unforgivably corrupt, and I will boycott the company forever. As for individual pensions, I assume that the Pension Benefit Guaranty Corporation would take care of them (at taxpayer expense but at least it's ethical unlike the Bailout). GM is dead to me.

82 posted on 03/02/2012 4:42:42 PM PST by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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To: Pollster1

I can’t argue with any of your points.

But none of this was GM’s idea.

The Baraqqis (Steve “the rat” Rattner) came in, fired mgmt, and took over the company orchestrating the bankruptcy.

Folks at GM were just spectators at that point.

All those years I had to put up with those UAW b@stards and now they just laugh at me.


84 posted on 03/02/2012 4:55:28 PM PST by nascarnation (DEFEAT BARAQ 2012 DEPORT BARAQ 2013)
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To: Pollster1
When GM defaulted on their bondholders and paid the UAW instead, they crossed a clear moral line. Besides being a violation of contract law and bankruptcy law, that was unforgivably corrupt

Why aren't there tons of class action and individual lawsuits pending against the UAW and others. Why couldn't they be financially liquidated like the KKK was?

85 posted on 03/02/2012 4:57:32 PM PST by ROCKLOBSTER ( Celebrate Republicans Freed the Slaves Month.)
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