Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: suanny who wrote (108455)	2/18/2010 12:05:59 PM
From: Lee	5 Recommendations Read Replies (1) \| Respond to of 116555

My father's pension accumulated with time and at 20 years he achieved full benefits. Of course if we worked longer and increased wages he had a higher payout. Or he could switch jobs and start another pension program. Or retire. One of my friend's father retired in his 50s, with pension, and sat on the couch or fished. This was a different company. I guess in the old days blue collar workers were like police and fire, at a certain age it was difficult to lug a wrench or move steel or perform the necessary physical labor. Or perhaps these examples were the exception because they worked for unions that negotiated hard. It was all well a good until it wasn't. I agree with TRIG in that we need our elected officials to change the contract. But we don't see that happening. And when our public servants threaten to release violent criminals and cut services to the poor rather than look at the structural issues like war, pensions, and inefficiencies, do you really believe they are looking out after the public good? Do you really believe that last violent criminal was the straw that broke the camels back? The private sector has been forced to look at these issues. Why is the public sector exempt from looking at these issues and right in looking in your and my pocket?