How GM Could Become Arrogant Once Again

Reader Comments

Back to blog

On June 1, General Motors brought to the table a plan intended to reduce their pension liability by 26 billion dollars. The plan will affect approximately 42,000 U.S. GM qualified beneficiaries and retirees. The website http://www.gmpensionbuyout.net has helpful information that outlines changes for plan participants. With a deadline of July 20, 2012 fast approaching, it is suggested that any decisions be reviewed by a qualified financial planner before being finalized.

Jennifar of AL 2:39AM June 16, 2012

I can be arrogant too.

The morally repugnant characteristic attending the conduct of the government in it's actions to seize GM and Chrysler lies in it's contravention of regular business law.

To purchase any GM, Chrysler, or Fiat product is to applaud such reprehensible conduct, and is beneath my standards for my own conduct.

Jerome of TX 9:02AM November 26, 2010

This isn't really on point to this article, but my boyfriend has an old Mitsubishi Mirage 2-door coupe, and I have a 2009 Toyota Yaris, and both regularly get around 40 mpg with a mix of city/highway driving. On road trips it's even higher (esp. in the pre-ethanol days when I got close to 47 mpg). Fancy technology, like hybrids, is not necessary to achieve fuel economy. It just takes will. Apparently this is easily, and affordably achievable, with a regular engine.

Keirsten of MT 4:22PM November 18, 2010

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

advertisement

advertisement