Rubicon - I would rather see the people bail themselves out than bail out a corporation. After all it's the people's money to begin with.
I do think the public and union pensions need to tighten their belts like most corporations have done with their management retirees. Husband is a management retiree from one of the big 3 and we have assumed the majority of our medicare health care costs. Unions will fight it, but a little something is better than nothing.
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