dennis san andres

The Truth About Bailouts

peter,maybe you should try a new approach.why don't you first learn about a subject before you make comments that are not true.first legacy cost at g.m..did you know that both the hourly and salaried pension funds are fully funded.second,did you know that as of 1992 any one hired to the salaried work force is not entitled to a pension or medical when they decide to retire from g.m..third,did you know that current salaried retirees lose there medical when they are eligible for medicare.fourth did you know that as of the last UAW contract any hourly employees are not entitled to a pension or medical when they retire and last did you that all new hires pay is a lot less than the current employees. i don't even want to get in to the subject of how great g.m.'s line up of product go because it apparent that you don't really give a dame or else you would have been better prepared to write your article.it's a lot easier to write the thought of others that don't know what they are talking about and to tell people what they want to hear so that they have some one to blame there problems on.and oh by the way the viba money that was to be given to the UAW by g.m. for the medical for the currant hourly work force is mostly paid off.so in closing i can only assume that if the segment on g.m. is so wrong i can only assume that the rest of your article is just as bogus.