tag:blogger.com,1999:blog-5973827.post81387144835282318..comments2024-01-11T07:40:01.736-05:00Comments on The Stopped Clock: I Wonder If We'll Ever Learn....Aaronhttp://www.blogger.com/profile/16523334580402022332noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5973827.post-70892692224068433042008-11-20T18:21:00.000-05:002008-11-20T18:21:00.000-05:00As you should know, the current plan (well under w...As you should know, the current plan (well under way) is to transfer responsibility for pensions to the union. You prefer that it be transferred to the taxpayer? I don't.<BR/><BR/>How does bankruptcy encourage anybody to take a buyout? Assuming another round of buyouts is offered before bankruptcy, it would be immediately <EM>off</EM> the table once bankruptcy was filed.Aaronhttps://www.blogger.com/profile/16523334580402022332noreply@blogger.comtag:blogger.com,1999:blog-5973827.post-28186726374898015022008-11-20T12:35:00.000-05:002008-11-20T12:35:00.000-05:00To reduce costs GM should consider bankruptcy. Fo...To reduce costs GM should consider bankruptcy. For those concerned about their retirements the Pension Benefit Guaranty Corporation (PBGC) protects the retirement incomes of nearly 44 million American workers including those at GM. Dumping the retirement cost is one way to reduce legacy costs. A bankruptcy would also give workers an incentive to take the buyouts that they have been offered. The two changes alone would save GM $24 billion a year..<BR/><BR/><A HREF="Who%20killed%20GM?%20Will%20it%20rise%20again?" REL="nofollow">1 \Who Killed GM? Will it rise again?</A>Jasonhttps://www.blogger.com/profile/11707747781007743555noreply@blogger.com