Originally Posted by ba1025

My ceo makes 40 million a year and you complain an unskilled laborer makes a living wage? It cuts both ways
Please expound?
Is it a coincidence that the slide of total compensation that started around 1970 also coincided with the decline in Union Membership.
an economist could find many possible causes of that there is not just one thing responsible

yeah...lets blame the Unions for companies underfunding their pensions. I saw no extortion happen. The companies agreed to give future benefits in previous contracts in lieu if wages and now wish to default on those obligations or pass the bill on to taxpayers. I do believe in capitolism and I believe a poorly run company should be allowed to fold or be bought up. It's a shame but that's capitolism. Badly run companies fold.
Like I said earlier, I could tell you but you wouldn't believe me.
How many of the companies crying wolf today took cash out of "overfunded" pensions in teh last 20 years to inflate earnings?
Sounds like greed in action


How come the teamsters pension isnt underfunded....mmm cuz the union ran it? Geez even crooks didnt rob peoples retirments