Pay now or pay later. Which will cost the most in the long run.

Being a Chrysler mid management retiree who, prior to all of this, has lost his health care, life insurance, and executive lease car, has a very hard time swallowing the unions statement they have given up soo much already.

I was a union VP in the 70's and saw first hand what goes on = = = I worked butt off to work up to low exec position. NO I never got the big bonus I was not that high, no I didn't get paid for overtime, no I don't get increases in my retirement pay and yes if company goes under I could lose more of my pension. Government only covers a certain percent of the BASE pension.

After 42 years of service, I will lose all in time if they make it or not. But the bailout will cost me over and above for the rest of my life.

Villages was a dream but this bail out will end that for most of the current retirees.