09-201 is out
02-25-2009, 09:25 PM
#61
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Joined APC: Mar 2006
Posts: 3,333
If anything I bet the vast majority of those "older guys/gals" had already switched from the stock market to bonds and CDs before the age retirement change. The money they're making now is just a huge retirement bonus for them... Doubt they lost any money at all...
02-26-2009, 04:22 AM
#62
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Joined APC: Jun 2006
Position: Brown ones
Posts: 216
Guys, I promise that I hate the age 65 rule, but we are not going to guilt them into leaving early. It's like getting a little bit pregnant. We're there now and there's not much we can do about it. Post something useful and lets move on. Unless you're telling me that there will be no age limit?!?
02-26-2009, 04:26 AM
#63
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Joined APC: Jun 2006
Position: Brown ones
Posts: 216
I've got a better idea, negotiate a pension improvement with the requirement that they actually have to retire! I'm no Farve but you youngin's make me laugh with your blatant ignorance on retirement issues that you too will face! Remember, it's your retirement too!
02-26-2009, 04:31 AM
#64
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Joined APC: Jun 2006
Position: Brown ones
Posts: 216
I love this argument when an old guy uses this. Every financial planner and even Investing For Dummies has said that if someone needs X amount of money within 5 years, then pull it out of the market. Put it in bonds, MM, and CDs. But with their greed, the Farves, left their money in agressive stocks and took a bath. That's Vegas baby.
They went against common advice and lost. So once again, us "youngins" are paying for their greed.
02-26-2009, 05:11 AM
#65
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Joined APC: Feb 2008
Position: MD-11 Captain
Posts: 320
Don't they realize that increases in our pension benefits them too?
02-26-2009, 05:23 AM
#66
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Joined APC: Jun 2006
Position: Brown ones
Posts: 216
For starters I saw a lot of resentment for increases in our previously grossly inadequate pension. I guess those who "resented" pension increases never plan on retirement themselves. Maybe they plan on being the "ultimate Farves" and working until they drop. No double standard there is there?
Don't they realize that increases in our pension benefits them too?
Don't they realize that increases in our pension benefits them too?
02-26-2009, 05:43 AM
#67
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Joined APC: Apr 2005
Position: 757/767
Posts: 1,128
Ever thought that resentment stemmed from the B scale that the FO's lived under for all those years? While the argument from old farts was "we don't need an increase in FO pay because the ultimate goal is to make Captain". For what it's worth, I never witnessed the resentment of which you speak. The resentment exists now because they got what they wanted in retirement and yet they still don't leave. How about that double standard?
02-26-2009, 06:27 AM
#68
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Joined APC: May 2006
Position: DC-8 756/767
Posts: 1,144
Ever thought that resentment stemmed from the B scale that the FO's lived under for all those years? While the argument from old farts was "we don't need an increase in FO pay because the ultimate goal is to make Captain". For what it's worth, I never witnessed the resentment of which you speak. The resentment exists now because they got what they wanted in retirement and yet they still don't leave. How about that double standard?
02-26-2009, 08:06 AM
#69
Gets Weekends Off
Joined APC: Feb 2008
Position: MD-11 Captain
Posts: 320
Ever thought that resentment stemmed from the B scale that the FO's lived under for all those years? While the argument from old farts was "we don't need an increase in FO pay because the ultimate goal is to make Captain". For what it's worth, I never witnessed the resentment of which you speak. The resentment exists now because they got what they wanted in retirement and yet they still don't leave. How about that double standard?
02-26-2009, 08:09 AM
#70
Gets Weekends Off
Joined APC: Feb 2008
Position: MD-11 Captain
Posts: 320
I love this argument when an old guy uses this. Every financial planner and even Investing For Dummies has said that if someone needs X amount of money within 5 years, then pull it out of the market. Put it in bonds, MM, and CDs. But with their greed, the Farves, left their money in agressive stocks and took a bath. That's Vegas baby.
They went against common advice and lost. So once again, us "youngins" are paying for their greed.
They went against common advice and lost. So once again, us "youngins" are paying for their greed.
