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Originally Posted by Jamo
I wished judges would alloww briefs with citations to Wikipedia. I'd love to condense my 50-page monsters down to a paragraph or two.  |
I wish the railroad would allow me to run my "giant conveyer belt" from my home computer.
Oh, wait. It's actually listed in my last contract. I'm right behind train dispatchers in seniority to do just that.
Unless the railroad is not a US company at the time. The whole thing might run from New Delhi in that case.
Be careful what you wish for??
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Originally Posted by Jamo
You're assuming the PBGC is funded by taxpayer dollars, which it only partially is. The vast majority of it's emergency "pot" comes from fees charged to employers with existing defined benefit plans, as well as funding payments due to partial or full withdrawals from a defined pension plan, said payments based on the presumption (generally speaking for our purposes here) that everyone vested in the plan just up and decided to retire all at once, regardless of age. In other words...the PBGC attempts to maintain an overfunded status in case the money is ever needed to cover a defined benefit plan which is underfunded, a rare occurance these days, but what the hell...your money's safe with the government isn't it?
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Yes. Funded by taxpayer dollars. I believe the problem is that when the bankrupt corporation smoothly comes back on line, a new 401K replaces the pension. Sound familiar? So I'll guess they (the new they) don't pay into the fund anymore at that point. A little math, so simple a caveman can understand it, and one can see the coming diminishing club funding along with "join in claims or just pay the premiums for everybody else". Can you say PBGC, bottom line and "corporate backdoor" in the same breath?
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Originally Posted by Jamo
The AARP is a politically liberal bunch of old phuks...one reason why I'll never join despite the discounts. They have joined other liberal organizations in sticking their noses in labor disputes which have not a damn thing to do with retirees or benefits...simply due to political coalition building. Had them sign off on a letter listing every wacko group from Greenpeace to the German Green Party to pressure a client of mine to recognize the UFW back in the 90s.
In this case, they have obviously given you a rather tiny little bit of the facts where bear no resemblence to the conclusion they wish you to draw.
The law based on soundbites, if you will.
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True. Get a bunch of old folks together that can't take care of themselves, and you get enthusiastic socialism at its finest. Whatever happened to the good old days where they just wandered away from camp and expired alone?
True except when do noses belong in politics? Perhaps when a few boat-rowers and old soldiers, that get pensions, might be concerned about the buck stopping short of here.
I assume most folks 401K is just a green stain on their fingers now. I also assume you have your retirement buried in the back yard instead of being "safely" held for you. I hope its not in coffee cans on those sorry little green pocket contracts. You, if anyone, know what a promise on a piece of paper is worth nowadays.
We live in a system built like a house of cards backed up by soundbites.
Always have. I'd say soundbites and lies but that would be redundant.
The AARP discounts aren't that good. Besides, I always lied to the hotel desk until my wife sent my money away. They said, "do you have an AARP discount", and then they made it come true, so I feel it wasn't really a lie. Now I'm forced to read the evil propoganda in order to get my moneys worth.
Wes
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