Congress could soon allow pension plans to cut benefits for current retirees

You are a putz. For crying out loud~~~stop watching Faux News.

http://www2.ucsc.edu/whorulesamerica/power/wealth.html

"In the United States, wealth is highly concentrated in a relatively few hands. As of 2010, the top 1% of households (the upper class) owned 35.4% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 53.5%, which means that just 20% of the people owned a remarkable 89%, leaving only 11% of the wealth for the bottom 80% (wage and salary workers)"


I know you don't like paying taxes and you don't like that there are people that are living off your taxes. But, the majority of them are the RICH not the poor. Take a look at how much in taxes the corporations paid~~maybe it is time to tax the rich and corporations better?


But, no~~they're people too. And besides, they're the job creators.

Man, your facts are laughable ! You don't know jackshit and aren't worth a response
 




The following is an excerpt from a link on the DrudgeReport about the new Congressional spending bill:

"For the first time, the benefits of current retirees could be severely cut, part of an effort to save some of the nation’s most distressed pension plans. The change would alter 40 years of federal law and could affect millions of workers, many of them part of a shrinking corps of middle-income employees in businesses such as trucking, construction and supermarkets. "

Take the lump sum now!
 




The following is an excerpt from a link on the DrudgeReport about the new Congressional spending bill:

"For the first time, the benefits of current retirees could be severely cut, part of an effort to save some of the nation’s most distressed pension plans. The change would alter 40 years of federal law and could affect millions of workers, many of them part of a shrinking corps of middle-income employees in businesses such as trucking, construction and supermarkets. "

Take the lump sum now!

This is the republican agenda. Take away from the working middle class and give it to corporations. This change in the law is being lobbied by groups representing big business.
 








This is the republican agenda. Take away from the working middle class and give it to corporations. This change in the law is being lobbied by groups representing big business.

The same will probably happen to state and federal employees....

States and counties are on the brink of insolvency due to the pressures of bloated pensions and benefit plans under these systems...

Those sitting on these tuffetts are obese and getting even bigger by the minute!!
 




Let me show you fact, not fiction.Obviously this moron Lib is uninformed ! In the U.S., 75.4% of all wealth is owned by the richest 10% of the people. $12 Trillion Dollars !
 
















This is the republican agenda. Take away from the working middle class and give it to corporations. This change in the law is being lobbied by groups representing big business.

This is about right. The rich getting richer and corporations getting mightier - and all the republican lemmings not realizing how they are getting used and brainwashed for their benefit.
 








































Sorry but, no it is not just public servants. This is happening across all industries not just pharma. It even gets into the 'why' an aggressive/hostile take-over happens.

If a company is sitting on a large cash pile that is used to pay out the retirement benefits, in comes a hostile company who then cries that the 'new' company actually has unpaid debts that must be paid before the retirees~~bam goes your retirement benefits as the new company goes into reorganization.

While it started with public servants it is now a significant part of the new business model.

But, we all want this~~we want it to happen to the 'other guy' but then get upset when it comes our way.

This is what Neutron Jack attempted to do when GE bought RCA. The RCA employees filed a class action lawsuit against GE and won. The RCA employees got a nice boost to their pensions.