Dave,
Agree 100%. The way they're trying to craft the GM "restructuring" is the most unfair thing imaginable. Obama is deathly afraid of alienating the UAW so he's GUARANTEEING their pensions and LIFETIME health care. If they let GM & Chrysler go into bankruptcy, the judge would rip up the UAW contracts and eveyone would suffer the same. The way it is right now, the bondholders, shareholders, suppliers, dealers ALL will get shafted BIG TIME but the UAW pensions and bennies WILL be protected. Explain how that is fair to the janitor down at the Pontiac dealership who will be out on the streets with no pension and no health care.