12-24-10: This is a fight that's worth it!

Daniel Howes, Detroit News
This email address is being protected from spambots. You need JavaScript enabled to view it.

The best spins (and falls) of the year

"~~ a motley collection of retired salaried employees that gives new meaning to the term "moxie."

~~ Against All Odds: To the Delphi Salaried Retirees Association for fighting the good fight against the long arm of the federal government. Instead of sitting back and taking the injustice meted out by the Obama Treasury Department and their friends at the Pension Benefit Guaranty Corp., the association is protesting its disparate treatment in the aftermath of the GM bankruptcy.

GM's salaried and UAW retirees took small haircuts, small prices to pay for big bailouts. Delphi's union retirees, after exerting direct political pressure on the White House, took small haircuts. But Delphi's salaried folks? Some stand to lose 70 percent of their expected retirement because, well, the Treasury won't say.

This is a fight that's worth it."

http://detnews.com/article/20101224/OPINION03/12240349   Thanks to Daniel Howes.