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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (10108)	1/27/2006 6:22:12 PM
From: TigerPaw	Read Replies (2) \| Respond to of 541778

some inheritable defined benefit pension. Yes, that is probably what I mean. Absent a mandate I don't think such programs will become common. I think a mandate would be required. It's a good idea when universal, but it would be a selective disadvantage to companies who implemented it alone. That's not a dividend. That is a mandatory stock repurchase combined with an employee stock grant. In other words you are forcing the owners of the company to sell over time, and than giving the stock as compensation to employees. Yes, that more or less is the proposal. The stock that the employees receive would also revert back to the next generation of employees over time, but hopefully slowly enough to provide that inheritable asset base of which we have discussed. TP TP