mrvette
Phantom of the Opera
I have been in the IBEW 30 years. Our pension is self funded, and has NEVER asked for a taxpayer dime.
I do NOT get paid holidays and vacations. I get paid for when I work, and get ZERO when off work. 1/2 of my pay raises go towards rising medical benefits. If I do not work 120 hrs a month, I get ZERO medical. When we retire, we get Health coverage for 6 months, not life.
These are FACTS, not BS propaganda.
Your FACTS are MYTHS to me.
My pension is based on how many hours I have worked, PERIOD. More hours contributed, more monthly benefit earned. It's every bit MY money as my SS contributions.(You know, the one our Govt. borrows from).
I thought we were talking in the context of UAW and GM. They get benes for life, and the rest of what I mention.
My FIL was in a union, he worked the docks in Elizabeth, NJ. Had his pension stolen, and yes, the taxpayer does back your pension. If your pension money gets stolen, or down the toilet, guess who gets to pay?:yahoo:
The UAW wages account for approximately 3% of the cost of a car. Nothing to do with the big picture at all.
As for your FIL, I am not sure about the Longshoreman union at all. News to me about the bailout.
Look, I can see the stigma we face every day. Some IS true, some is not, and some is LONG gone and the stigma carrys on.
A worker living in America needs X dollars to survive. A worker in a 3rd world country needs less, and therefore makes less. Manufacturing is moving there claiming "unions killed us." However, quality has gone to shit, and the imported crap costs the SAME. Where did the money go? Wall street, via the Cayman Islands.LOL
MY welder buddy back from some power plant scrubber welding in Pittsburgh last Wednesday....he said his LOCAL had something like 3.x BILLION bux in the LOCAL treasury....which is reported to the Feds on, and they get audited close by the .gov and the national union....
I question that account is THAT high...but they all swear by the numbers....
whole LONG stack of zeros there.....:crap: but they have some 700 guys ready to retire soon enough or on the dole now.....but that account is NOT HURTING, period....muvva ducker....even if it's only 1.5 Billion now....still a shit load of money per man.....