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#1
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![]() "Jay Honeck" wrote in message news:cNNge.76189 Speaking as one of the millions who have never had a pension plan -- and never will -- $45K per year for sitting around the house sounds pretty danged good. Of course, that pension will now be paid out by We, the People, instead of They, the Stockholders... Yep. Corporate welfare, and never a demand for accountability. You guys suppose that if a General destroyed his entire brigade or division, they'd give him a $1.5 million dollar pension and let it go? -c |
#2
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gatt wrote:
You guys suppose that if a General destroyed his entire brigade or division, they'd give him a $1.5 million dollar pension and let it go? No, but he might receive an award from the President. - Andrew |
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#4
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You got it right, Chris. I quit flying United several years ago. I could no
longer tolerate their rude, arrogant employees .. constant late and canceled flights because of broke airplanes .. etc. Recently my daughter went on a trip with a group. Her travel group was on United. I told her I was sorry and to be prepared for a delay along the way. I was right. She was stuck in Chicago because of a broke plane. She was amazed I could tell the future. They made their own bed .. let them lay in it. "Christopher Campbell" wrote in message ... Let's not forget that it is these employees who are largely responsible for running the company into the ground. CEOs come and go, but the employees ran it from day to day. They made unreasonable demands in bad faith, sometimes threatening to strike if the pot was not sweetened even more. In the end, the company was entirely owned by the employees. They hired the CEO. They fired him. They decided how much he should be paid. Now whose fault was that? |
#5
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![]() "Christopher Campbell" wrote in message ... On 5/12/05 1:21 PM, in article , "gatt" wrote: "Jay Honeck" wrote in message news:cNNge.76189 Speaking as one of the millions who have never had a pension plan -- and never will -- $45K per year for sitting around the house sounds pretty danged good. Of course, that pension will now be paid out by We, the People, instead of They, the Stockholders... Yep. Corporate welfare, and never a demand for accountability. You guys suppose that if a General destroyed his entire brigade or division, they'd give him a $1.5 million dollar pension and let it go? Let's not forget that it is these employees who are largely responsible for running the company into the ground. CEOs come and go, but the employees ran it from day to day. They made unreasonable demands in bad faith, sometimes threatening to strike if the pot was not sweetened even more. In the end, the company was entirely owned by the employees. They hired the CEO. They fired him. They decided how much he should be paid. Now whose fault was that? You got that right. I don't know of too many people that feel sorry for United employees other than United employees. They went to the till too many times and now they get to suffer the consequences. |
#7
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"Mike Rapoport" wrote in message
nk.net... Good points all! To add another: Anybody, including United employees could see, in easily obtainable documents, that United was not funding its pension obligations for many, many years. Any United employee who is surprised that they aren't going to get their pension is a fool. The handwriting has been on the wall for years, perhaps decades. Is it every employee's responsibility to monitor pension funding? If not, who's responsibility is it? Just because the information is publicly available, that doesn't mean it's the fault of someone other than the entity responsible for actually funding the pension that it didn't get funded. I can see good reasons for why the "victims" here aren't entirely blameless. But put blame on them just because they weren't performing watch-dog duties seems unreasonable. Pete |
#8
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![]() "Peter Duniho" wrote in message ... "Mike Rapoport" wrote in message nk.net... Good points all! To add another: Anybody, including United employees could see, in easily obtainable documents, that United was not funding its pension obligations for many, many years. Any United employee who is surprised that they aren't going to get their pension is a fool. The handwriting has been on the wall for years, perhaps decades. Is it every employee's responsibility to monitor pension funding? If not, who's responsibility is it? Just because the information is publicly available, that doesn't mean it's the fault of someone other than the entity responsible for actually funding the pension that it didn't get funded. I can see good reasons for why the "victims" here aren't entirely blameless. But put blame on them just because they weren't performing watch-dog duties seems unreasonable. Pete You are right in a perfect world. In the current world you need to depend on yourself or others that have the same interests as you do. Funding pension liability is a cost for the employer and it is income for the employee. It is easy to see why the company wants to minimize the contributins and why the employee should want third-party confirmation that the contributions are made. In the United case, if the pensions had been fully funded, the company would have gone bankrupt years ago. Mike MU-2 |
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