Karen De Coster’s blog entry puts us on notice that some of these manufacturing giants are going to try to dump the unsustainable deals they had with their unions onto the laps of taxpayers. In reading Michigan Gov. Jennifer Granholm’s call for federal aid, I am struck by the laundry list of things she is demanding, including pension guarantees and government taking over the healthcare plans of these companies. For many years, companies like GM have paid the health benefits fir employees and retirees. It is not surprising to say that the cookie jar is nearly empty, and we can … Continue reading Hurricane Globalization