[MainFrame65]

I am less worried about the unemployment insurance than I am about the costs that might fall on the PBGC (pension benefit guarantee corp, a federal entity that doesn’t need deep pockets because it just reaches into ours)

[Defiant]

Do you have any estimate of the liabilities that the pension plans of GM and Ford have? It is hard to imagine that the liabilities are higher than the $25 billion that the companies are seeking. I am against any bailout, but especially one that is way more than the companies can ever hope to pay back in order to fund a pension plan and hourly wages for a work force that is among the least efficient in America.

[Kent C]

...the costs that might fall on the PBGC (pension benefit guarantee corp, a federal entity that doesn’t need deep pockets because it just reaches into ours)

No worry, that will be rolled into Social Security like our 401k's :-)