Saturday, February 08, 2003

Why We Need Medicare

Because nothing can ever guarantee 30 year old promises by companies:

Bethlehem Steel wants to terminate the health care benefits of 95,000 retirees and dependents, an action the union calls “morally callous.’’

Bethlehem Steel filed a letter on Thursday seeking to eliminate its health and life insurance benefits “because we cannot pay the obligations for retiree health and life insurance now or in the future,’’ chief executive officer Steve Miller said in a statement.