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As Workers' Pensions Wither, Those for Executives Flourish
Wall Street Journal ^ | June 23, 2006 | Ellen E. Schultz and Theo Francis

Posted on 06/24/2006 10:28:20 AM PDT by Tolerance Sucks Rocks

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To: Extremely Extreme Extremist

Do you read what you type before you hit "post"?


81 posted on 06/25/2006 3:01:08 AM PDT by R. Scott (Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink)
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To: Extremely Extreme Extremist
It's called capitalism. Running complex multi-billion dollar corporations takes years of education, work experience, and guts.

If workers want to earn fat pensions then they should become more motivated instead of producing widgets for 30 years.

LMAO!

Elitist drivel.

Has FR sunk that low?

82 posted on 06/25/2006 3:08:39 AM PDT by Thumper1960 (Politicians are like diapers. They need changed often, and for the same reasons.)
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To: durasell

We'll disagree.


83 posted on 06/25/2006 5:29:04 AM PDT by em2vn
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To: Extremely Extreme Extremist
Yeah, and they're smoking Cuban cigars and laughing about how they're screwing over the little guy too over drinks and naked women.

That analogy is just as stupid as your NFL Players and executive compensation analogy!

84 posted on 06/25/2006 6:27:31 AM PDT by King Moonracer
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To: Extremely Extreme Extremist
What do you think pension funds are? Cradle-to-the-grave socialism?

Chickens are coming home to roost, that's all.

I don't think they're cradle-to-grave socialism. At the percentage rates they're paid out to rank-and-file workers, they shouldn't be considered as such.

If I were running a company, I wouldn't even have pensions. Assets that don't go into pensions are thus available for expanding the company, seeking out new markets, hiring needed employees, etc.

I'd have a good 401(k) or other savings plan that any worker or CEO could contribute to with whatever amount he saw fit. I'd also lobby for lower individual and corporate taxes so that the rank-and-file could afford to contribute to these plans. Socialist Insecurity will not be enough in the future, I'm sure.

If my company did do pensions, however, you can rest assured that I wouldn't indulge in screwing over the rank-and-file workers so that I could enrich my own retirement with impunity. So there.

85 posted on 06/25/2006 10:12:39 AM PDT by Tolerance Sucks Rocks (One flag--American. One language--English. One allegiance--to America!)
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To: CAWats
OK, you're right. Capitalism isn't perfect but it's better than the alternative - Socialism. (I'm always amused that the Left enjoys using the term "cabal" all the time.)

If the sh*t fits, the cabal members should wear it.

86 posted on 06/25/2006 10:18:18 AM PDT by Tolerance Sucks Rocks (One flag--American. One language--English. One allegiance--to America!)
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To: Salgak
The masses MIGHT do it, if they cared. But they've been carefully conditioned to think that the GOVERNMENT will fix their problem.

If they had succeeded with me, I wouldn't have both a 401(k) and a Roth IRA to make up for those squanderous, youthful years...

87 posted on 06/25/2006 10:19:24 AM PDT by Tolerance Sucks Rocks (One flag--American. One language--English. One allegiance--to America!)
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To: balch3

Pointing out how companies are cutting rank-and-file pension benefits while not even funding the pensions of their executives is not class warfare!


88 posted on 06/25/2006 10:25:29 AM PDT by Tolerance Sucks Rocks (One flag--American. One language--English. One allegiance--to America!)
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To: Extremely Extreme Extremist
You can do anything you want to if you apply yourself and put your mind to it.

...and jump through all of the regulatory and tax hoops put in place by various slimy politicians and bureaucrats over the years. Some people might just say the heck with it and do a 9-to-5 instead just to keep their lives simple.

89 posted on 06/25/2006 10:30:16 AM PDT by Tolerance Sucks Rocks (One flag--American. One language--English. One allegiance--to America!)
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To: CORedneck

See my reply #85 to Extremely Extreme Extremist.


90 posted on 06/25/2006 10:33:53 AM PDT by Tolerance Sucks Rocks (One flag--American. One language--English. One allegiance--to America!)
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To: Extremely Extreme Extremist
In this thread, YOU lost the argument.

The WSJ article was NOT about "A lot of corporate executives do go out of their way and play by the rules. But then they get fined or jailed for not dotting an "I" on a contract or agreement."---which is an *argument* that exists only in your own mind ---- not the real world.

The WSJ article was about how companies are being looted for the private gain of a bare few individuals.
Which you indicated was justified, in your eyes.

Many here outlined to you, just how wrong you were.

This attempt at "reasonableness", now, is what is "Pathetic". You could have said, "hey guys, I was only kidding...", or how about, to some of the folks here, you could have said, "you are correct, what I said here was out-of-line", or SOMETHING.

Get it?

91 posted on 06/25/2006 10:41:43 AM PDT by BlueDragon (a friend, once offended, is harder won than a strong castle)
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To: dakine

GQ Bob was hired to bring it out of the malaise that
resulted when Ken "Unix=Snake Oil" Olsen missed key
market indicators. Instead he cut the heart out of the buisness and sold the remainder out to Compaq.


92 posted on 06/25/2006 1:27:39 PM PDT by rahbert
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To: A. Pole

FYI


93 posted on 06/26/2006 6:03:51 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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