[Harry Rex Vonner]

The taxpayer is guaranteeing the union worker's benefit package will remain solvent. Is that what you're saying?

Absolutely. That was exactly Obama's intended end result. And, that is the end result.

Another example of abuse of the system is the Solyndra bankruptcy.

In a bankruptcy, one of the paramount goals is to protect all creditors, as much as possible, from loss. Also, creditors are to come ahead of investors in order of payment. As a part of the process, contracts, including union contracts, may be reaffirmed or rejected. If rejected, which is almost always the case (and I know this from being involved in many such bankruptcies), the contracts may be renegotiated in a way to help the company stay afloat or declared null and void. The purpose of the GM manipulated "bankruptcy" was to keep GM in business in a way that would protect all union contracts without change. And, that is what happened. On the other hand, in the Solyndra bankruptcy, the goal was to protect the major investors- all of whom had/have political ties to Obama. Somehow, that goal was reached. Actual creditors were not protected.