Joined: Sat Mar 12, 2005 7:03 am Posts: 741 Location: Yokohama, Japan
What the hell is wrong with our president!?! Screwing our country up for generations to come. I wish I could have at least gotten a vote to let the government contribute to my 401k. There, I feel better now. Can anyone see a bright side to this?
Joined: Fri Oct 22, 2004 12:47 pm Posts: 9282 Location: Atlanta Gender: Male
The brightside is that America generally has a bankruptcy culture where companies restructure and don't go away entirely... so there is an albiet infinitesimally small chance for stake holders to recoup thier losses. Of course when you absolutely screw people who lend to you they aren't typically inclined to lend to you again unless they get something out of you politically... so when they do need money again.... yeah that's coming from the taxpayers too.... so essentially our government has created a beautiful environment for incredible inflation... but that hasn't happened yet so lets hope, a smaller leaner more efficient GM can come out of it and sell the fuck out of some cars.... or some entraprenuer can invent something spectacular in another American Garage reinvigor the real driver of our economy namely entreprenurial spirit and create another boom like the one we got from the WWW a decade ago.
(yes I realize the paradox with smaller leaner efficient and government owned but ultimately there is nothing anyone individually can do about this)
I also find it odd that no one else in the world has pensions anymore other than the UAW and government workers... but hey...again, what are you going to do? It must have been fantastic to live in Michigan when you just graduated or didn't from HS went strait to work for GM for 30 years...and then retired on full salary the rest of your natural life.... no wonder they are 172 billion in the hole.
All of this should probably just have been done in the Automakers thread though.
I also find it odd that no one else in the world has pensions anymore other than the UAW and government workers...
I have a pension and even though my employer has fully funded it, thanks to the recent wars, I expect a buy out offer in the next few years. Interestingly, my employer no long offers it to new employees to keep costs down.
Joined: Fri Oct 22, 2004 12:47 pm Posts: 9282 Location: Atlanta Gender: Male
broken iris wrote:
Electromatic wrote:
I also find it odd that no one else in the world has pensions anymore other than the UAW and government workers...
I have a pension and even though my employer has fully funded it, thanks to the recent wars, I expect a buy out offer in the next few years. Interestingly, my employer no long offers it to new employees to keep costs down.
Exactly, 20 years ago I think it was more like 60% of corporations that offered them.
First to go will (or have been) pensions next are retiree health care benifits.
About the only hope any of my generation have to retire are our investments or savings. Nothing like a good soulcrushing existance to put a smile on the old face. Oh well people who work longer live longer anyway.
Joined: Wed Oct 27, 2004 12:03 am Posts: 18376 Location: outta space Gender: Male
i don't know i saw a thing on tv about how linden johnson signed every letter written to a dead soldiers family during vietnam. i feel like obama should start signing letters to the people who's money he's spending. cause i'm hard pressed to believe he gives a shit or understands. unless he understands and its intentional, but i don't buy into the new world order conspiracy theory from the right. either way he's a jerk in a long line of jerks unfortunately.
Electromatic wrote:
Easier said than done. I want to teach people how to relax in beautiful Tahiti.
if you mean in tahiti, i'm pretty sure they'll be teaching you.
_________________
thodoks wrote:
Man, they really will give anyone an internet connection these days.
Joined: Sat Mar 12, 2005 7:03 am Posts: 741 Location: Yokohama, Japan
Electromatic wrote:
The brightside is that America generally has a bankruptcy culture where companies restructure and don't go away entirely... so there is an albiet infinitesimally small chance for stake holders to recoup thier losses. Of course when you absolutely screw people who lend to you they aren't typically inclined to lend to you again unless they get something out of you politically... so when they do need money again.... yeah that's coming from the taxpayers too.... so essentially our government has created a beautiful environment for incredible inflation... but that hasn't happened yet so lets hope, a smaller leaner more efficient GM can come out of it and sell the fuck out of some cars.... or some entraprenuer can invent something spectacular in another American Garage reinvigor the real driver of our economy namely entreprenurial spirit and create another boom like the one we got from the WWW a decade ago.
(yes I realize the paradox with smaller leaner efficient and government owned but ultimately there is nothing anyone individually can do about this)
I also find it odd that no one else in the world has pensions anymore other than the UAW and government workers... but hey...again, what are you going to do? It must have been fantastic to live in Michigan when you just graduated or didn't from HS went strait to work for GM for 30 years...and then retired on full salary the rest of your natural life.... no wonder they are 172 billion in the hole.
All of this should probably just have been done in the Automakers thread though.
Well said, and to Farmer John, I am an expatriate paying USA taxes. Think before you judge.
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Screwing our country up for generations to come. I wish I could have at least gotten a vote to let the government contribute to my 401k. There, I feel better now. Can anyone see a bright side to this?
