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Thread: Supreme Court health care arguments under way

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    Re: Supreme Court health care arguments under way

    Quote Originally Posted by j-mac View Post
    Retired at 50? My God...That is part of the problem that unions give us.

    j-mac
    Kind of like the age you can retire in the military.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Supreme Court health care arguments under way

    Quote Originally Posted by Boo Radley View Post
    BTW, are you suggesting that because someone works for the tax payer, they are not entitled to a decent benefit package? I don't mean just this person, who suggests you may get your money's worth in return, but those who retire after years of service?
    What? Wait...First off, I think he said he was a Teamster, not a Public Sector Union worker. Second, explain "entitled"...


    j-mac
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    Re: Supreme Court health care arguments under way

    Quote Originally Posted by Boo Radley View Post
    Kind of like the age you can retire in the military.

    I think being shot at defending this country, is just a little different from driving a truck.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Supreme Court health care arguments under way

    Quote Originally Posted by j-mac View Post
    I think being shot at defending this country, is just a little different from driving a truck.


    j-mac
    In the past, a lot of people retire without being shot at. That's just a fact.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Supreme Court health care arguments under way

    Quote Originally Posted by j-mac View Post
    What? Wait...First off, I think he said he was a Teamster, not a Public Sector Union worker. Second, explain "entitled"...


    j-mac
    I admit I'm kind of blending all our conversations together, and did try to specify not his comment in particular. But someone who works for the taxpayer (and I did misread taxpayer in your comment, which makes your statement even less logical), which would include a lot of folks.
    Last edited by Boo Radley; 04-10-12 at 10:51 PM.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Supreme Court health care arguments under way

    Quote Originally Posted by Boo Radley View Post
    I admit I'm kind of blending all our conversations together, and did try to specify not his comment in particular. But someone who works for the taxpayer (and I did misread taxpayer in your comment, which makes your statement even less logical), which would include a lot of folks.

    Here, let me help you out with a question....What happens to union pension programs when they go insolvent?


    j-mac
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    Re: Supreme Court health care arguments under way

    Quote Originally Posted by j-mac View Post
    Here, let me help you out with a question....What happens to union pension programs when they go insolvent?


    j-mac
    They go insolvent. **** happens. Be it to a union employee or a private employee. Both negotiate. And both have a partner in that negotiation. Fixating on the union is kind of silly. Business has no more moral authority than unions, and vise versa. Both have done good and bad, and both effect the public with bad decisions.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Quote Originally Posted by j-mac View Post
    Oh please. I have told it many times before, I grew up around plenty of UAW members in Lansing Mi. Closed shops, walk outs, pressure tactics, etc...I know the deal.


    j-mac
    And if you support freedom you should support any legitimate, non-criminal, tactics employed by unions.

    Quote Originally Posted by j-mac View Post
    Not quite there Tex...See, when these large, generous pensions go insolvent then their cost gets passed on to me as a taxpayer...So hurry up and get back in the workforce, because I can't, nor do I want to subsidize your retirement.

    j-mac

    How would be subsiding his pension if he's not a pubic sector worker? I'm sorry, but the law that Obama got passed that makes unions have a say in bankruptcy hearings was a just law. If anything, workers should be compensated first, especially if they are on the verge of retiring.

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    Re: Supreme Court health care arguments under way

    Quote Originally Posted by j-mac View Post
    Here, let me help you out with a question....What happens to union pension programs when they go insolvent?


    j-mac

    There are some guarantee programs. Some are optional for the union to subscribe.

    ""Create Jobs and Save Benefits Act," a bailout for union-run retirement plans. Similar to House legislation from North Dakota Democrat Earl Pomeroy and Ohio Republican Patrick Tiberi, the bill would transfer tens of billions of dollars worth of retiree liabilities to the Pension Benefit Guaranty Corporation, i.e., to taxpayers.

    "All of this is a raw deal for union pensioners who worked a lifetime in expectation of certain benefits. The PBGC's current maximum payment to any plan participant is $12,800 a year. Mr. Casey's bill raises that to $21,000 year, still only a fraction of existing pension promises."

    Wall Street Journal

    Review & Outlook: The Union Pension Bailout - WSJ.com



    Union Pension Underfunding Time-Bomb Soars By 75% In One Year, Nears $400 Billion | ZeroHedge




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    Re: Supreme Court health care arguments under way

    Quote Originally Posted by Boo Radley View Post
    It is true I don't put too much stock in the parties. However, even independents tend to vote for one more than the other. And on occasion those who belong to one vote for another (like me voting for Grassly).
    They may vote for a certain party more than the other but that does not make them a part of that party. It just means that particular person holds more of their views than the other person running for office. In essence voting for a particular party more than the other is just a side effect of voting for a person that holds your similar views.
    I have an answer for everything...you may not like the answer or it may not satisfy your curiosity..but it will still be an answer. ~ Kal'Stang

    My mind and my heart are saying I'm in my twenties. My body is pointing at my mind and heart and laughing its ass off. ~ Kal'Stang

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