On Dec 13, 4:47*pm, John Smith wrote:
JB wrote:
...
Nothing wrong with having a heart, you gotta care about the consequences
though. *And fighting greed with greed gets you more greed.

As I implied in my previous post, it can be hard to convince people that
they need to responsible and realize that the only way they can get what
they want, need and be prepared for illness and old age, is with their
own hands and job (or, start their own business) ... there still exists
the myth that they can work for cheap with no benefits or retirement,
GUARANTEED, funds and it "will all just work out", or "someone will
provide for them."

If you are working for a company, or in your own business or contracting
and the result is less than satisfactory, quit and go elsewhere. *The
crash of the stock market and the future coming times shows the folly of
a "positive attitude", based on irrational grounds.

There seems to be a "myth" going around that "it will all just work
out." *And, one can work at a poverty wage and "get ahead."

Like I pointed out, many are ready to fight rather than come to their
senses. *My wifes parents worked hard their whole lives. *Somehow they
were sold the dream that all it took was hard work and they would be
rewarded--they now are attempting to exist on social security, needless
to say, it ain't workin'! *If my father-in-law was a retired UAW worker,
he would have a much different story!

It is fine all these companies run about not providing well for their
workers--but, just let them pay the welfare-funds/medical/drug/etc.
needs of their workers in their old age--NOT ME, my family, or my friends!

Regards,
JS

John, some years back the Government aproved the removal of a
percentage of pensioin funds
for their own use as long as the pensions were not in jeopody. In
other words if the funds earned more money than expected
then the company could use that money. So the majority of pension
funds were kept at the prescibed minimum level.
Now pension funds have turned south and the businesses have also
turned south such that they cannot replace the funds removed.
This little pot has started to simmer but has yet to get to the
boiling point. As Yogi Bear said i9t aint over until it is over!
Everything was OK when we let the market decide but then greed changed
the metric of the market.
Art