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Originally Posted by motordavid
That may be the mixed/divergent view post of the month...
Glad they didn't "fail" before you got the chance to buy your shiny
new truck.
By the bye, if they go off the edge, do you understand "who" covers
those pensions?
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Hey brother you can't spend it all.....as Biden said, you should feel patriotic to pay taxes.......I am just joking with that come-back. But honestly, do you think the government (us as taxpayers) will give them the plan GM did for retirement pensions......I doubt it very seriously. I bet the Government don't give them crap other than SSI and medicare, no more than they deserve at the ripe old age to get benefits. I can't help if GM promised them the boat, that was a private corp decision, if they go bankrupt, there goes their plans. I don't feel sorry for them at all.......if they have made the kinda money they made over the years and haven't invested for retirment outside of what GM offers......tough chit.
Killing those wages paid now to current workers will hopefully offset the cost enough to determine what can be done with those on the pension plans, it will for sure help.
x5rolls pretty much summed it up.
As far as what I buy, thats my decision, I made the loot to purchase it, made the loot to pay the taxes, made the loot to maintain it.............its GM in the crunch, if Ford or Dodge made something as nice for the price, I would have considered them, but since they didn't......I bought what fit my needs at the time. They make a decent vehicle, reguardless if they are in a crunch or not, they do have some nice vehicles. I like their trucks, suburban platforms, the vette.