Quote:
Originally Posted by JP-pornshooter
man some dumb fucks in this thread and i am not even a republican, just i believe in free market enterprise.
if a company offers an individual person a retirement package, and if this benefit is a direct result of said companys future earnings, then that be it and not hang this cost on the future generations by taxes or otherwise. It is completely fair to tell retirees or other beneficiaries that due to poor fiscal performance, the pay out is less and not expect the rest of the countrys taxpayers to cough up the extra expenses to line the union mans pockets with gold. it happens all the time, look at Enron, look at all the airlines which went under (also due to the unions not giving enough concessions), all those pilots and flight attendants forfeited their pensions which usually (for pilots) is a few million $.
Now should the taxpayers go in and cover all those poor people who were unfortunate to work for such companies, I THINK NOT.
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The pensions were never tied to future company earnings. It was a deal where the employee took lower wages, in return the company invested a percentage of his pay and promised to pay him "$X" per month for life in retirement.
Nobody forced the company to make that deal. The company took it because it gave them bigger profits the day the deal was made, because the laws regarding pension contributions are very lax.
The worker shouldn't suffer for the company's mismanagement. They could have taken higher wages and invested the money themselves, but instead trusted the company to make good on their promise.
Now every right winger in the country seems to want to throw union retirees under the bus as if they never earned the money they're due.
I'll give the right wing one thing, they sure have done a hell of a job over the past 30 years in terms of union propaganda. Everyone seems convinced that union workers are lazy people who are overpaid and don't deserve what they're getting....and instead of public sentiment being "How could I get a union going where I work" the sentiment is "Fuck those lazy union fucks, I hope they lose everything".
Great job right wing spin machine.
