Author Topic: I gotta rant on the pension cuts in the funding bill, it made my 77 year old mom  (Read 2412 times)

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Online CC27

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Star Member Dustlawyer (3,745 posts)

I gotta rant on the pension cuts in the funding bill, it made my 77 year old mom cry!


My dad worked for Bethleham Steel for 30 plus years, long hours, stressful and hard, but he was lucky because he dearly loved his job. The company went belly up right before he was to retire. He had given his best years, and by that time his health was starting to go. The the big shots did something that would soon become all to familiar, they stole the pension money and left! My dad's $1,100 a month went to $50! Fifty lousy bucks! He tried for two years to get a job, even joining a group called "Forty Plus" which tried to help older Americans to get another job. He practiced at interviews, he wrote and rewrote and rewrote his resume. The man could do calculus in his head and anything could be done with his slide rule, but no job. They sunk all that they had to by a muffler shop that had been losing money and he turned it around. I quit my job as a young attorney to save the business after his third hear attack. They eventually sold it, but his medical expenses ate up the bulk of their money.
My mom is a very proud, tough lady, who has lived on her own since his death. She has recently had to move in with me because, even though her house and car were paid off, she doesn't get enough to live on. That $1,100 is the difference!
I came home tonight to find her crying because she heard that her $50 a month was being cut by a third in this spending bill. Really? Has it come to that? All so some 1% SOB can have more! The next time some idiot yells that America is the Greatest country in the world I may just slap them!

Good bouncy DUmmie.  :whatever: The Unions stole the pension money.Get it right!

http://www.democraticunderground.com/10025975334

Offline obumazombie

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I don't get why all the libs are complaining about the economy.
It makes their dear leader they voted for at least twice look bad.
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Offline ROCKURWORLD

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How is the govt cutting a 50.00 pension?? Even if they are, it's 50.00 so she loses 16.00 a month.

Offline JohnnyReb

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He was a lawyer ?????????????????

He's a DUmmie ....momma is supposed to keep him up, not the other way round.
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Offline Carl

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Offline Gina

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 :whatever:  $1,100 to $50.  Okkkkkkk.






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Offline franksolich

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The entire OP is a lie.

http://articles.chicagotribune.com/2003-11-05/business/0311050312_1_pbgc-pensions-fall-randy-clerihue

So it appears; thank you! for finding this.

DUmmies lie; all the time, DUmmies lie.
apres moi, le deluge

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Offline Carl

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So it appears; thank you! for finding this.

DUmmies lie; all the time, DUmmies lie.

Not a single DUmbass in the bunch can be bothered to look up what really happened.
It is all "they stole it!!!!!!!" nonsense.
It was financially unsustainable thanks to union demands over time and the company was bankrupt (sound familiar?).

http://chestertontribune.com/Business/federal_agency_taking_over_bethl.htm

Offline J P Sousa

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Now if we could only cut some government pensions especially politicians.

I used to listen to a financial radio show in Philadelphia where school teachers would call and ask how to invest their "MILLIONS" of dollars and that was 20 years ago.   :thatsright:

My tax money going to pay for yachts ?  :censored:
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Offline obumazombie

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So it appears; thank you! for finding this.

DUmmies lie; all the time, DUmmies lie.

I would be inclined to think this rule applies especially to our latest lib interloper...TT.
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Offline SSG Snuggle Bunny

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Steel plants have a pretty large carbon footprint, if I'm not mistaken.

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Offline HawkHogan

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How is the govt cutting a 50.00 pension?? Even if they are, it's 50.00 so she loses 16.00 a month.

Apparently her rent was exactly 50 a month ?

Offline 98ZJUSMC

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The man could do calculus in his head and anything could be done with his slide rule, but no job. They sunk all that they had to by a muffler shop

::)  You overheard him solve for 2 + 2  and he came up with 4 and you were mystified, right?

This should have been a dead giveaway to:

Quote
that had been losing money and he turned it around. I quit my job as a young attorney to save the business after his third hear attack. They eventually sold it, but his medical expenses ate up the bulk of their money.


Why do I even read these anymore......   :banghead:

A hear attack.   :-)  A common LIbEral condition.
« Last Edit: December 19, 2014, 08:18:53 PM by 98ZJUSMC »
              

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Offline Mr Mannn

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I don't get why all the libs are complaining about the economy.
It makes their dear leader they voted for at least twice look bad.
Sigh. Because it is still Bush's Fault.