jimntx
Veteran
My senator is a very conservative Republican .... but even he realizes that not bailing it out is not an option.
Well, with the GOP candidate of the week stating in public that he thinks poor, black children should be put to work so they can learn how to get up in the morning and go to work on a regular basis--all the while millions of middle-class Americans are out of jobs sent overseas "to enhance shareholder value"--I don't think the Grand Old Party is going to look favorably on bailing out a government entity that can not donate to their re-election campaigns, and would only benefit middle class folks.
As the late, lamented Herman Cain might say, "if you are retired and broke because the PBGC collapsed, it's your own fault."