There you go being all logical. If they had allowed both companies to go into chapter 11 then they could have renegotiated both insurance and salaries. Now we are stuck footing the bill of their gravy train.
If we see it so readily, you would think there would be just one curious journalist who would ask why they still have their Cadillac plans. Can’t you just hear Robert Gibbs guffawing at that question! He’d probably say something like, “Well duh! They’re called “Cadillac plans” and GM makes Cadillacs!”.