President Barack Obama Message Board

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Politics : President Barack Obama

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To: Lizzie Tudor who wrote (45479)	11/22/2008 7:51:41 AM
From: sylvester80	Read Replies (3) of 149317

As it was very well explained, that $70 is a myth and it includes the benefits of 100s of thousands of retirees. It is NOT a "current workers" benefit. It includes everyone that has EVER worked at the big 3 in the last 100 years. So... what do you want the companies to do with all these retirees?? Throw them under a bus??? Would current working Americans like for companies to do the same to them when they retire too?? And make no mistake. The foreign companies have similar retiree benefits as well. The problem is that they only been in business for such few years that the number of their retirees is a thousand or so not the 100s of thousands that the big 3 have. BTW, I do not have a good answer to this problem as with our huge deficit and huge bailouts, it is a problem that is going to affect every working American going forward. You think the big 3 have a problem with their retiree benefits now?? Just wait when the vast baby boomers population retires and need their social security money from a bankrupt U.S. government and all those worthless IOUs instead of the social security money they put into the system. And after this stock market implosion, and housing implosion, they have no money, no 401Ks, no house equity and no health insurance to sustain them during their retiree years. Should we throw all those millions under a bus too??? Republicans for decades have been saying "deficits don't matter" and spend their way into bankruptcy (mainly in huge defense programs with nothing to show for other than enriching the fat cats and with tax cuts for the rich). Those freaking traitors should all be in jail now.... or worse... much worse... Again, I have no easy answers. But I do know that if we as a country need to come together more than ever now and face facts, tighten our belts and figure out real solutions. It is time we secured America with a universal health care system for everyone and STOP enriching and transferring our wealth to our middle east enemies via our oil addiction.

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