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Wellstone ruled

(34,661 posts)

6. Been there done that and

Reply to kpete (Original post)

Mon Dec 10, 2012, 07:54 PM

Dec 2012

they even screwed us out of our T-shirts. This shit started with White Motor and what was called Minneapolis Moline in the 1960 s. This issue of Employees getting screwed at the behest of their managers has never really been tried in the Court of law. Delaware has a bunch of bogus bankruptcy laws,that is why companies incorporate in Delaware. ERISA was formed basically to protect Corporations from you and I. Companies steal 100% of the Pensions and the Employees get 10% of what they are due. What a scam. Yes,I'll admit,there are a few Democrats whom helped pass laws to f---up the working folks.

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19 replies

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Highlight:

Hostess Maneuver Deprived Pension (took workers' pension money to fund itself) [View all] kpete Dec 2012 OP

Sure sounds like theft to me. n/t Laurian Dec 2012 #1

It's Fraud. The executives looted their pensions. FreeBC Dec 2012 #2

A law needs to be passed to hang them for this. NO REMEDY? aquart Dec 2012 #3

And...... WAIT For it... Guess WHO gets to pay these worker's pensions Iggy Dec 2012 #4

no, the taxpayers do not fund the PBGC...it's funded by premiums that corporations pay antigop Dec 2012 #5

Been there done that and Wellstone ruled Dec 2012 #6

WHY is this not theft? patrice Dec 2012 #7

It's a lousy, crappy thing to do, but it's not "theft." Common Sense Party Dec 2012 #19

Just like back when people fought for the right to organize RedstDem Dec 2012 #8

Breach of contract at the very least Sheepshank Dec 2012 #9

Pension money should be sacred socialindependocrat Dec 2012 #10

And the executives are giving themselves multi-million dollar bonuses as the company dissolves. yardwork Dec 2012 #11

Had to fund executive bonuses from somewhere. Downwinder Dec 2012 #12

Kick! n/t Tx4obama Dec 2012 #13

If there was an agreement that 28 cents of the 30 cents per hour wage rise JDPriestly Dec 2012 #14

I'll take your money and give it to me. What buffoon of a judge can't see through that? Festivito Dec 2012 #15

Why every judge who belongs to the Federalist Society! Joe Bacon Dec 2012 #16

It's not a "maneuver", it's deceit, it's lying, it's fraud. nt bemildred Dec 2012 #17

JPBaker said, "that stuff does happen" Trillo Dec 2012 #18