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hottboiinnc
ME

join:2003-10-15
Cleveland, OH

reply to ITALIAN926

Re: Retirement

you do! Look at GM. They paid ALL of those people's retirment for YEARS and still do only to go bankrupt with no money. the USPS is the same- a public/private company yet going bankrput thanks to the retirement BS. these people should be REQUIRED to pay into their retirement and save just like everyone else. Just because you're union does NOT give you the right to demand this. They should strike again and VZ should LOCK them ALL OUT. VZ needs to attend BCI's Class of Union Mgt.

viperlmw
Premium
join:2005-01-25

I think I have finally reached the point of using my IGNORE button again, as this person has absolutly nothing constructive to contribute, but anti-employee, anti-consumer crap!


axus

join:2001-06-18
Washington, DC

reply to hottboiinnc
Having the company pay into a retirement fund is part of an employment contract that was made when the workers were hired. Surely you believe that contracts are legally binding?



David
Now accepting new patients
Premium,VIP
join:2002-05-30
Granite City, IL
kudos:78
Reviews:
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reply to hottboiinnc

said by hottboiinnc:

you do! Look at GM. They paid ALL of those people's retirment for YEARS and still do only to go bankrupt with no money. the USPS is the same- a public/private company yet going bankrput thanks to the retirement BS. these people should be REQUIRED to pay into their retirement and save just like everyone else. Just because you're union does NOT give you the right to demand this. They should strike again and VZ should LOCK them ALL OUT. VZ needs to attend BCI's Class of Union Mgt.

yea, GM learned a few good lessons though.

1.) The CEO and his management and board can be dissolved by current government administration. Ahh yes how quickly we forget that Mr. Wagner did get his pink slip!

2.) You really shouldn't use a corporate fueled jet and be eating filet minion when asking for money.

3.) If you are going to screw someone out of money, be sure you don't look rich enough to afford it!
--
If you have a topic in the direct forum please reply to it or a post of mine, I get a notification when you do this.
Koetting Ford, Granite City, illinois... YOU'RE FIRED!!


Maggs
Life is awesome
Premium
join:2002-11-29
Woodside, NY
Reviews:
·RCN CABLE

reply to axus
Health and welfare benefits can be cut via bankruptcy. They can elect to put their pension funds into a PBGC receivership and get rid of the obligations all together.

Pensions were a tool used by Unions and Management to achieve certain objectives in the past, such as the continuation of production in the case of the car companies. Essentially both parties knew these obligations would come due and they would in the end be unsustainable, they did not care at the time. Most of the people who ended up negotiating those benefits such as Ron Gettlefinger, are long retired.

If they push the cost onto the PBGC, the pension beneficiaries get cents on a dollar. The lack of planning on the part of beneficiaries is their own problem, do not rely on government or private enterprise to care for your well-being long after you've completed service in industry for them. You are ultimately responsible for your own self care.

I have cases of employees who go without health insurance due to cost, and get hit by a truck due to their own negligence, riding a bike the wrong way on a two way street in violation of traffic laws, and not wearing a helmet yet they expect the state or someone else to pick up the tab.

If hospitals were smart, they would execute wage garnishments for these type of people, since their gross negligence led to the accident in the first place, and if they failed to pay they should throw them in prison, since they are essentially stealing services from hospitals.



woody7
Premium
join:2000-10-13
Torrance, CA

reply to hottboiinnc
the USPS is only bankrupt because the Repubicants passed a bill requiring them to fully fund their pensions which no one else has to do.What is with all the demonizing us workers.
--
BlooMe



pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD

said by woody7:

the USPS is only bankrupt because the Repubicants passed a bill requiring them to fully fund their pensions which no one else has to do.What is with all the demonizing us workers.

Yawn... if this was such a bad thing, why didn't you people repeal this law when you had full control of things from 2009 to 2011.

It is your fault for having the opportunity to solve this problem and choosing to do nothing to fix it.
--
Romney/Ryan 2012 - Put a couple of mature adults in charge.

CXM_Splicer
Looking at the bigger picture
Premium
join:2011-08-11
NYC
kudos:1
Reviews:
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I am not really sure who 'you people' are but your statement is utterly ridiculous. Using this logic, the screwed up country is YOUR fault because you didn't get McCain in there when you had the chance.

Fixing the situation with the Post Office is in everyones best interest... not some 'you people'.
--
If Romeny hates the 47% so much, why is he always raising the percentage??



woody7
Premium
join:2000-10-13
Torrance, CA

thank you.
--
BlooMe


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