Companies Helped at Expense of Retirees

The Wall Street Journal says that bankruptcy is being looked at for GM and Chrysler in order to purge retiree health care costs.

So they are going to get out of keeping their end of the contract, after the retirees kept theirs.

How would you like to be old and sick and your health care benefits get taken away? I know I wouldn’t like it.

My dad is now on Medicare because of his age. They were relatively good with him during his stroke. But we can afford to take care of him if Medicare won’t. Most people don’t have that luxury.