Fred Smith Oct. 9-10th
10-07-2012, 10:22 AM
#81
Organizational Learning
Joined APC: Nov 2005
Position: Directly behind the combiner
Posts: 4,948
Some solutions solve the problems, and some "solutions" mask the symptoms.
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10-07-2012, 10:41 AM
#83
Gets Weekends Off
Joined APC: Sep 2010
Position: B777 Capt
Posts: 614
Absolutely do not agree. The problem is human greed and public sector unions will always be the cancer, trying for that group to take advantage of the tax payer. The electorate's best way to deal with it is to elect politicians who will cut out the cancer, not just treat it as it flares up.
10-07-2012, 10:58 AM
#84
Gets Weekends Off
Joined APC: Feb 2006
Posts: 1,068
I believe the company is stopping contributions either sometime this month or on November 1st. There's no PBGC to deal with when it comes to those kinds of modifications, making 1113(e) and 1113(c) motions on them much easier for a company. I believe Frontier Airlines (II) did something similar in their bankruptcy, although I cannot recall all of the details.
10-07-2012, 11:35 AM
#85
Organizational Learning
Joined APC: Nov 2005
Position: Directly behind the combiner
Posts: 4,948
10-07-2012, 12:33 PM
#86
Gets Weekends Off
Joined APC: Aug 2005
Position: Retired
Posts: 980
Absolutely do not agree. The problem is human greed and public sector unions will always be the cancer, trying for that group to take advantage of the tax payer. The electorate's best way to deal with it is to elect politicians who will cut out the cancer, not just treat it as it flares up.
10-07-2012, 12:35 PM
#87
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Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
We are definitely greedy as are the teachers. The difference is the politicians use money and power from the unions to stay in office where they return the favor. No adversial relationship. Basically one party gets a cut of all the money they funnel to the public sector unions. Very similar to the 90 billion dollars we just funneled to green energy programs.
10-07-2012, 12:39 PM
#88
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Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Yea too much greed among those school teachers. Have to protect the higher earners. Look at the sad case of Ina Drew, the former Chief Investment Officer, that lost her job at J.P Morgan Chase. Her boss Jamie Dimon kept his job that paid $460,000 and poor Ina lost her job that paid only $300,000. Sad to see. Oh! That $300,000 and $460,000 were earnings per week.
10-07-2012, 12:44 PM
#89
Organizational Learning
Joined APC: Nov 2005
Position: Directly behind the combiner
Posts: 4,948
10-07-2012, 12:54 PM
#90
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Certainly does simplify it. Much more simple than figuing out why they get elected. Or what happens to a politician that crosses big labor. And by the way Big Labor means Public Sector unions, cause that is where the money is.
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