H
here you go
Guest
...Pelosi Make Them do This via.? ... bankruptcy?
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
GM & Ford Would Save $24 BIL/yr if They Got Rid of Retirement Benefits. Should...
P
pixidoas243w
Guest
the unions will scream along with coperate america, if they do that to gm whats to stop them from doing it to everyone else?
D
dnafairy
Guest
Well bankruptcy would not only negatively affect the pension plans of these companies, it would slam the stock holders and bond holders of those companies. There's a big incentive for the board of directors to avoid bankruptcy (money). Unfortunately, bankruptcy is the appropriate course of action for companies in their situation.
Also the pension mess is just a precursor to the social security mess our country is about to face. As people live longer and longer, is it any surprise company pension plans start the stress and break as time goes on? Laborer costs are lower than pension costs (ie the company and the workers are supporting pension plans). This is going to happen with social security too...
Also the pension mess is just a precursor to the social security mess our country is about to face. As people live longer and longer, is it any surprise company pension plans start the stress and break as time goes on? Laborer costs are lower than pension costs (ie the company and the workers are supporting pension plans). This is going to happen with social security too...
I
Istainjaa
Guest
No. Pelosi should keep her stinky *ss out of American business. period.
S
Silly Girl
Guest
That really would make NO sense. The burden it would create on the tax base when these workers age & become dependent would be horrendous! The burden that would fall on the healthcare system alone would send the nation into a tailspin.