As usual, Pretzel Boy can only parrot what he hears from others...
"Stan de SD" wrote in message
news:e867cab5-e86f-408d...@k3g2000prl.googlegroups.com...
Can you prove him wrong?
> What happened to all the 401k's ?
>
> Corporations use pension funds as day-2-day capital.
> If profits dip, the money is not replenished. Then,
> one day, it's "Oops ! Sorry ! All gone !" - and
> you're supposed to say "Aw shucks ...".
>
> That's not what umpteen million are gonna do.
>
>
> Pensions, be they corporate or SS/Medicare, are
> part of the deal. They come out of YOUR wages,
> YOU are working for them. YOU planned your life
> around them being there. "All gone" ? Oh no
> they don't ....
No, they don't. The f...ng liberals passed a law called
ERISA :
http://en.wikipedia.org/wiki/Employee_Retirement_Income_Security_Act
It was an alternative to putting company officers in jail for fraud,
the conservative way.
--
masonc
"masonc" wrote in message
news:d85nr6tbb0eqn5r0s...@4ax.com...
http://en.wikipedia.org/wiki/Employee_Retirement_Income_Security_Act
Are liberals any better at putting them in jail?
94% on the irony meter.
--
Ray Fischer | Mendacracy (n.) government by lying
rfis...@sonic.net | The new GOP ideal