Comments: U.S. Senate - Land of Yellowbellies

usually you extract info by infiltrating their networks.
Last I checked extracting information never justified torture.

By the way the nober prize has been given to the nuclear agency, that very same agency that proved Bush as a big lier when he pretended that Iraq was on the verge of building a nuclear weapon.

It seems all unionized US companies are bound to go bankrupt soon, GM and ford being next in line.
I guess no other country has been stupid enough as to think that private companies could take charge of the pensions of their employees. Private companies grow, hire, and then become smaller and fire, all other countries know that and that's why they created nation wide pension scheme.
The USA have not, and that's how, pretty soon the tax payer is going to have to pay for the underfunded private pension plans...
I don't know how your country is about to get out of thiss oncoming mess. And Bush social security proposal only makes things worse ...

Posted by DF at October 10, 2005 12:38 PM

oh crap!, is the sky falling again?

Posted by Muddy at October 10, 2005 04:52 PM

Last I checked we proved that the IAEA was allowing Sadam to have yellow cake uranium that you said he didn't have.

That you think governments should handle pensions rather than private employers (who shouldn't either IMO) is halarious.

Posted by skywalker at October 10, 2005 06:23 PM

What is wrong with Goverment running pensions? The largest and best managed pension in the US CALPERS is run by the government and is Very soundily managed.

Posted by mooseboy84 at October 10, 2005 07:08 PM

mooseboy:

go look into what Galveston, TX did when they opted out of social security for city employees in the 80s. Then we can talk about government run pensions.

Posted by skywalker at October 14, 2005 01:48 AM

I said Iraq had no nuclear weapons, nor any effective programs at building them. However there was never any doubt that Iraq had yellow cake, they had them because they had a nuclear plant before (bombed by Israel some time later. This yellow cake was under custody of the IAEA, so it caused no danger at all.

I don't really care if the pension funds is managed by the government or on another basis (non profit organisation, whatever you like)
I'm telling you and that's basic demographics, that since companies grow and die it is utterly stupid to have company wide pension plans. These plans will always end up underfunded, and the taxpayers will always have to pay for them.
It's simpler and more efficient to provide a nation wide coverage. RIght now private companies are free riding the government.
Of course another solution is to push new laws forcing all companies to contribute more to the fund which guaranties the company pension funds. But it comes only as a second best.

Posted by DF at October 19, 2005 06:49 AM
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