GM retirees facing cuts in pensions

collectivist drone wrote:

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funny.
I purposely posted a couple using your tactics, and you ask how old I am.
You're a total moron.

No One Important wrote:

The UAW gets a 39% stake in GM for their 10 billion dollars and the BOND holders get a 10% stake for THEIR 27 billion?
On WHAT planet does THAT make sense?
Only in Obamaworld.
What do YOU think is going to happen the next time Investors are asked to "invest" in a company, a business, mortgage backed securities to prop up the banks, huh?
I'd tell Obama to go to h*ll.
My advice to GM? Go through an outright bankruptcy. No packages, no deals, nothing. The bond holders are secured creditors in a bankruptcy, the UAW is not.
Get the UAW claims discharged, sell off the assets, move the other assets to a NON UNION state, and start over.
If they won't negotiate, there's no reason to bother worrying about them. They helped cause this problem, but won't take responsibility, just leave them by the side of the road.
Let them sell off their swanky golf course and resort if they need money so badly.

Michiganians appear evenly divided in their belief that President Barack Obama's heavy involvement in restructuring the auto industry is doing more harm than good, a Detroit News/WXYZ survey shows.

With Chrysler LLC in bankruptcy proceedings and General Motors Corp. apparently ready to follow suit, 42 percent of poll respondents say Obama's role has hurt the domestic automakers while 39 percent say he's been helpful. The poll's margin of error is plus or minus 4 percentage points.

Among Metro Detroiters, 43 percent said he has helped the industry compared to 36 percent in the rest of the state. Also, 56 percent of Democrats, 40 percent of independents and 19 percent of Republicans say the president's involvement has been helpful.

Mee wrote:

The UAW gets a 39% stake in GM for their 10 billion dollars and the BOND holders get a 10% stake for THEIR 27 billion?
On WHAT planet does THAT make sense?
This is probably why the Stakeholders have turned down the deal and GM is expected to seek protection under the bankrupcy act.
Is there anything more evil than the Unions?

Mee wrote:

The UAW gets a 39% stake in GM for their 10 billion dollars and the BOND holders get a 10% stake for THEIR 27 billion?
On WHAT planet does THAT make sense?
This is probably why the Stakeholders have turned down the deal and GM is expected to seek protection under the bankrupcy act.
Is there anything more evil than the Unions?

Rufusdufus wrote:

You retirees need to lose all your benefits and pension. Learn to live on social securiy like a lot of people do! You worked no harder and are no better than anyone else. Suck it up because the president is demanding that you do it for the country! Listen to the president and his wise words! He will get us through this mess??

BirdOPrey wrote:

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Hoosiers are not known for their intelligence.
Why don't you vote for bama again in 2012..

Judged:

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Rufusdufus wrote:

I didn't and would never vote for a democrat especially Nobama or Barry or whatever his name is! But these old farts need to live on social security only like many elderly people in the US. So they can't go to the casino a couple times a week or florida for the winter. Big deal. Stay home and play cards.

No One Important wrote:

Welllllllll wellllllllllll wellllllllllll, look at that.
DETROIT is not even pleased with the way Obama is handling the auto bailouts.
http://www.detnews.com/article/20090527/METRO...
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Look at that, 42% say Obama’s role has HURT the domestic automakers, while 39% say he’s been helpful.
Geeeeee, maybe people in DETROIT realize, in Obamaworld, giving Bondholders a 10% stake for their 27 billion dollars...
And giving the UAW a 39% stake for only 10 billion MAKES NO SENSE.
The automakers know it, the investors in the world know it...and the nation is starting to hear about it.
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Look at that, even amount the “city elite”, only 40% of independents think he is doing a good job.
Another little ditty there, this poll had Obama’s JOB approval at 54%(FIFTY FOUR PERCENT) when it was conducted 2 months ago, and only now mentions it when it is has rebounded in it’s poll by 7 points back up around 61%.
Riiiiiiiiiiiiiiiiight. And even now, the independents only give him 40%, and THAT state is saying that less than 50% think Obama’s involvement in the auto industry has been a good thing.
When the government gets involved in ANYTHING, it’s not a good thing. Government is inefficient at EVERYTHING except defending our nation.
And Obama wants to EXPAND this kind of “helpfulness.”
Send the democrats home next election. Don’t elect them to ANYTHING.

Lifterguy48 wrote:

We All have TO START GOING BACKWARDS,lIVing IN CAVES AND EATEN BUFFALO,BURNING BUFFALO DROOPING FOR HEAT IN DA WINTER TIME.POOR RAPTOR IN MI. WONT GET ANY FREE DEALS AT DA SALVATION ARMY <o no.AND DA OLD CRAP CAR WONT MOVE CAUSE THEIR ANT NO MO GAS.WE GOTTA GET GOATS For THE MILK,AND COLLECTIVE DRONE WILL HAVE TO GIVE UP HIS COMPUTER FRO THERE NO ELECTRIC.He WONT BE ABLE TO SPREAD HIS HATE TO THE UNION FOLKS. LOL

Raptor in Michigan wrote:

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I don't think it's all THAT bad. I don't recall ever getting anything free from the Salvation Army, nor would I want to. I certainly hope we don't have to eat Buffalo. There aren't enough to go around. Humans are the only creatures on earth that kill needlessly and deplete their own food source.

Taxes to death in Florida wrote:

I used to buy a new car or truck every 2-3 years, now i will never buy new again after hearing about all those pensions. My last was a 2007 silverado, which was way over priced, now i know why. Never again for me! The unions all over the country must go.

Power_1 wrote:

<quoted text>Eat Buffalo, I can't imagine, howver Roof Rabbit and Barking sheep, well, I know someone who has good recipes.

Taxes to death in Florida wrote:

I used to buy a new car or truck every 2-3 years, now i will never buy new again after hearing about all those pensions. My last was a 2007 silverado, which was way over priced, now i know why. Never again for me! The unions all over the country must go.