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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: XoFruitCake who wrote (170945)12/12/2008 8:18:39 PM
From: tejekRead Replies (1) of 306849
 
They are even taking on the responsibility for their pension legacy costs."

Heh heh, sorry John, this one is all for the benefit for the UAW. They get 30-40B from big 3 to manage the healthcare. And the come here is if Obama get the universal health care going, they can pocket some of the money since the cost of healthcare will be much lower. It is head, I don't loss and tail I win big scenario for UAW.

I believe they agreed to the provision in 2007. I don't think Obama was president then.
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