I snipped some of it because its things that have been talked about. Anyway I will start with your analogy about your neighbor. Let's say your other neighbor on the other side works at ABF. Contributing at full rate. He is 50 and has been in the fund for 20 years. What you are saying is your neighbor can keep putting money in a fund and you keep collecting and paying YOUR mortgage with money he put in and you are ok with that. In your opinion he shouldn't get anything even though we all know the fund will be bankruptIt's like my neighbor losing his job and a law being passed forcing me to pay his mortgage.
It's amazing how people on this board will scream about corporate welfare and government waste and then justify the pension bailout. One does not justify the other. Strange how it's only wrong when someone else benefits but just fine when it's you who gets paid.
soon and he is still contributing. Screw him you got yours. Doesn't this strike you as socialist? He is giving you money, you are taking it, and he has no choice. Sounds socialist to me. Corporate Welfare and government waste do justify my thinking. What I have seen in the last year made me change my mind on that. I would have been happy with just a PBGC bail out but after watching both partys giving away money like drunken sailors it doesn't bother me anymore.