Late Add: the unions have just told GM to fuck off regarding any cuts in health care costs.
Markets No, this ain't about the DOW, oil, China, or anything else the MSM will talk about tomorrow. It's this little item buried in a news report about the headed for bankruptcy General Motors.

Bob Lutz, vice chairman of General Motors, recently told a Denver audience that the greatest business challenge for GM is the cost of health care for employees and their families.

There are further yelps from both Ford and Chrysler that can only mean that the UAW and GM are going to call for Socialized Medicine as the way to bail out both the UAW and their millions of pensioners. Same for Ford. There is no way in hell the unions will give back a dime and no way in hell that either company can survive the current (anywhere from $1,300 to $1,700 per CAR) health care costs. The government cannot allow GM to go under---remember the Chrysler bailout---because a million or so people on the unemployment lines will destroy this country. You better pay attention.