PENSION THEFT IS JUST A ANOTHER CDN GAME
May 14, 2009 15:01:23 GMT -5
Post by proudtobeadp on May 14, 2009 15:01:23 GMT -5
Watching the CAW fretting about the GM pension deficit have few to blame but themselves for letting these car companies get away with it. Just where were they during profitable times but stroking the same car companies they were bed with during profitable times when those pension deficits could have been met and laid to rest. Now they want the general public to pick up the cost for GM and the CAW when by far the most people in Canada do not even have pention funds is taking fraud and theft too far.
I watched this same giving a pension premiums holiday to garment companies by their so-called unions at different times to the point when Canada and the USA had some earlier economic backlashes, the pension unfunded liabilities went up pensions literally small as it was then cut in half again some more later where to today the pension fund has almost disappeared entirely leaving pensioners with almost no support at all.
It was not long ago where Eatons Store employees gave up their pension surplus in a "conned" effort by Eatons own management to supposedly save the company while in fact they deliberately ran the store into the ground bankrupting it and gave themselves fat bonuses and severences doing so out of any funds they could lay their hand son including the pensioners surplus funds they could get their hands on.
With the economic bump we just had you can just imagine what those pensioners gave away would sure come in handly to balance the pension funds books but that will never be because they were conned just like now the public is being conned into being responsible for pension liabilities they did not create, the companies did and in cases with the help of their unions did and now they are asking the general public for what?
?
All they all freaking crazy? This is all just as bad a scene as multi-million dollars players contracts and just how rediculous all that has becomes when they want fans to cough it up to just to keep them that way!
I watched this same giving a pension premiums holiday to garment companies by their so-called unions at different times to the point when Canada and the USA had some earlier economic backlashes, the pension unfunded liabilities went up pensions literally small as it was then cut in half again some more later where to today the pension fund has almost disappeared entirely leaving pensioners with almost no support at all.
It was not long ago where Eatons Store employees gave up their pension surplus in a "conned" effort by Eatons own management to supposedly save the company while in fact they deliberately ran the store into the ground bankrupting it and gave themselves fat bonuses and severences doing so out of any funds they could lay their hand son including the pensioners surplus funds they could get their hands on.
With the economic bump we just had you can just imagine what those pensioners gave away would sure come in handly to balance the pension funds books but that will never be because they were conned just like now the public is being conned into being responsible for pension liabilities they did not create, the companies did and in cases with the help of their unions did and now they are asking the general public for what?
? All they all freaking crazy? This is all just as bad a scene as multi-million dollars players contracts and just how rediculous all that has becomes when they want fans to cough it up to just to keep them that way!