tag:blogger.com,1999:blog-18370478.post2640264310856335329..comments2023-10-23T09:41:22.599-04:00Comments on STONE SOUP MUSINGS: Stabenow and Peters Talk Bankruptcy on "The Ed Show"Kathyhttp://www.blogger.com/profile/06875378679299157108noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-18370478.post-51136905148694868422009-04-20T15:29:00.000-04:002009-04-20T15:29:00.000-04:00Abi, it's also scary to comprehend how much attent...Abi, it's also scary to comprehend how much attention the press still gives Palin and McCain. Shudder...Kathyhttps://www.blogger.com/profile/06875378679299157108noreply@blogger.comtag:blogger.com,1999:blog-18370478.post-15049095983581400362009-04-19T10:50:00.000-04:002009-04-19T10:50:00.000-04:00If McCain had won the election...What a depressing...<I>If McCain had won the election...</I>What a depressing thought. I don't agree with everything Obama's doing, but he's still a breath of fresh air who is trying to make real change. A McCain and (god help us) Palin administration is almost too painful to contemplate. <br /><br />Yes, GM and Chrysler would be gone by now. Either that or their workers would have to make enough concessions to send them to the poorhouse.abihttp://604.updateamerica.comnoreply@blogger.comtag:blogger.com,1999:blog-18370478.post-16274936334763849802009-04-15T13:43:00.000-04:002009-04-15T13:43:00.000-04:00I hope Ed mentions this news on his show tonight. ...I hope Ed mentions <A HREF="http://www.freep.com/article/20090415/BUSINESS01/904150471" REL="nofollow">this news</A> on his show tonight. It should tick off Wall Street and the Chamber of Commerce (aka the Republicans).<br /><br /><I>Whether General Motors Corp. or Chrysler LLC file for bankruptcy, <B>the Obama administration wants to protect retiree health care to a greater degree than the debt of banks and bondholders, said a person close to the talks among the parties.</B>That means that while bondholders are being pushed to take pennies on the dollar for their debt, the union remains on track to receive a substantial ownership stake in the automakers if deals can be hammered out.<br /><br />In return, the UAW would forgive the automakers part of the $30.6 billion they owe the union to start a retiree health care fund that takes huge liabilities off the automakers' books.</I>Kathyhttps://www.blogger.com/profile/06875378679299157108noreply@blogger.com