Crap Throwing Monkey Posted June 29, 2005 Posted June 29, 2005 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 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 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 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 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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