I think this is their 3rd bankruptcy since 2000, and the second since this past January. Surely the union folks knew the company wasn't in good shape.
I'm picking up the vibe that all of the left views the results of most recent election as confirmation that the vast majority of the country embraces their views. As such, it's a pretext for them to become even more belligerent in their demands. I heard Patty Murray on NPR this am, saying there will be no Fiscal Cliff deal if it goes beyond 50% entitlement cuts to 50% tax increases. There's simply not enough $ among the rich to pay for that % of the total deficit.
I don't have any gold. I think I need to get my lead mated up to some brass, pronto.
FC
