zlacker

>>cmcgin+(OP)
Err... the stuff in ()'s is your own editorialized point of view. But this isn't really what I'd call hacker news in any case.

>>davidw+S
"But none of G.M.’s management miscues was so damaging to its long-term fate as the rich pensions and health care that robbed General Motors of its financial flexibility and, ultimately, of its cash.

General Motors established its pension in the “treaty of Detroit,” the five-year contract that it signed with the United Automobile Workers in 1950..."