[NefCanuck]

meford4u,Feb 26 2009, 01:08 PM Wrote:Maybe GM should be allowed to die, but the repurcussions would be mind blasting.

Can you picture yourself as a retiree with no pension?

With the US government handing out $$$ like candy, it is highly unlikely they won't come to GM's aid.
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A retiree without their GM pension big difference there, they would still get whatever state / federal pension they would otherwise be entitled to.

Not to say that the loss of the GM pension income wouldn't be devestating to the economy as a whole, because it will be.

NefCanuck