what the company is worth. at some point of money runs out where as when you re in a public union, the fact of the matter is you re on the hook for 75, 80% of the budget in california covering retirement plans of public sector workers. they can always raise taxes and generate cash that way. there s a connection between the taxpayer obligation and neil: just to be clear, unfunded liability is growing, ballooning obligation, could addressed by a taxpayer bailout? yeah, absolutely. there are already members of congress that are big union ben factors introducing legislation. like you say, the pension benefit guarantee corporation pays $12,000 a year if your pension fails. that s dog food. the delphi auto parts