Crap Throwing Monkey Posted June 29, 2005 Posted June 29, 2005 Reuben Gant said: so you can't say Unions are killing anyone- the pensions they negotiate aren't getting funded anyway. 370241[/snapback] And an unfunded liability never killed a company...
Alaska Darin Posted June 29, 2005 Posted June 29, 2005 UConn James said: In some areas, I'll grant you. Electronics, cars.... But have you ever used the cheapo tool sets they make in China? I'd rather buy a quality Husky set (I did and they're friggin great) or Snap-on and never have worry again about stripping my sockets b/c they're made of cheapo alumo-steel. Same goes with the screws coming out of Japan. One really good thing Bush did was the steel import tarriffs, and then he dropped them. 370325[/snapback] I really didn't mean China. For anything. I can't speak for Japanese screws but the I recently purchased my first import vehicle and the quality difference from a similarly equipped American SUV is staggering.
Reuben Gant Posted June 29, 2005 Posted June 29, 2005 Crap Throwing Monkey said: And an unfunded liability never killed a company... 370347[/snapback] good " " ..... a convoluted moment on my part. Pension funding holidays were negotiated by corporations, I believe, without ever any intention of paying them. Unfunded liabilities don't look too good, but you and I will be paying for them soon, as Darin noted.
Pine Barrens Mafia Posted June 29, 2005 Posted June 29, 2005 ExiledInIllinois said: Was the United Airlines union not flexible? What is gonna happen to people's pensions in this country? 370195[/snapback] Pensions. REALLY. Come on, anyone with half a brain HAD to realize that Pensions were a gamble at best.
Gavin in Va Beach Posted June 29, 2005 Posted June 29, 2005 JoeSixPack said: Pensions. REALLY. Come on, anyone with half a brain HAD to realize that Pensions were a gamble at best. 370541[/snapback] Similar to Social Security...ponzi scheme. Which are illegal unless you're the government or a silly corporation...
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