General Discussion

onethatcares

(16,992 posts)

11. when a company is purchased by

Sun Dec 21, 2014, 07:14 PM

Dec 2014

vulture capitalists and they decide to make it more "profitable" don't they usually give themselves a dividend for being so smart, cut employees and then claim bankruptcy due to the burden of the pension plans they inherited?

Then they sell off the rest of the company pocketing the proceeds and giving themselves bonuses for being so smart.

The smoke and mirrors are just coming out in the open at this point, or I've been misreading what's been going on.

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THIS is what the CRomnibus bill will do to us: [View all] dixiegrrrrl Dec 2014 OP

That's the president beating the living shit out of the republicans - Doctor_J Dec 2014 #1

+1 Enthusiast Dec 2014 #15

I skipped that one too Doctor_J Dec 2014 #19

the "takin' names and kickin' ass!" crowd is for the Cuba thaw because it'll finally end 1959 MisterP Dec 2014 #22

+ another Scuba Dec 2014 #32

You betcha! MrMickeysMom Dec 2014 #48

I remember the President being praised for his student loan reform, Maedhros Dec 2014 #2

I won't be holding my breath over him vetoing anything either. L0oniX Dec 2014 #24

This message was self-deleted by its author 1000words Dec 2014 #3

what ever happened to that list . . . I haven't seen it in some time DrDan Dec 2014 #20

The White House has never got a budget passed. joshcryer Dec 2014 #4

Number 4 is incorrect. former9thward Dec 2014 #5

Or perhaps it's their pensions that are being cut Fumesucker Dec 2014 #7

But no one's pension has been cut. former9thward Dec 2014 #8

when a company is purchased by onethatcares Dec 2014 #11

Those pensions are not covered by this bill. former9thward Dec 2014 #25

thanks onethatcares Dec 2014 #43

I'll go out on a limb and state that no politicians who voted for this will have their pensions cut Fumesucker Dec 2014 #14

Lots of the "do not know the details, do not care" in this crowd. "Some bad stuff" in bill?....Obama Fred Sanders Dec 2014 #16

" cut some payments " is somehow NOT cutting pension money???? dixiegrrrrl Dec 2014 #17

What is your solution? former9thward Dec 2014 #23

Do you really think, in view of the Pentagon's budget, that yours is the only other option? WinkyDink Dec 2014 #35

So you have no solution... former9thward Dec 2014 #38

I'm not paid a fortune to devise the solution. WinkyDink Dec 2014 #53

And that does not stop you from attacking former9thward Dec 2014 #55

"The bill does not cut anyone's pension by a dime. It allows....to cut some payments...." Say what? WinkyDink Dec 2014 #36

The OP made it seem the bill automatically cut pensions. former9thward Dec 2014 #40

C-cut some�pa�wha? MrMickeysMom Dec 2014 #49

Didn't know about the NSA portion. LOTS of bad stuff in the bill. nt stillwaiting Dec 2014 #6

One bad thing after another. It should never have passed. Enthusiast Dec 2014 #13

They all suck, but #5 is especially charming 90-percent Dec 2014 #9

PLUS ONE, a huge bunch! Enthusiast Dec 2014 #12

OK....most of what you're saying is nonsense. A HERETIC I AM Dec 2014 #26

Thank you for explanation. dixiegrrrrl Dec 2014 #39

I find that terrifying Boreal Dec 2014 #29

This should have been seen as unacceptable. Enthusiast Dec 2014 #10

8. Does not explain why we exist. seveneyes Dec 2014 #18

IRS officials warn: We're nearly crippled octoberlib Dec 2014 #21

Corporations will love that ...as if they were paying a fair share of taxes anyway. L0oniX Dec 2014 #28

k & r & thanks! n/t wildbilln864 Dec 2014 #27

Has there ever been a riderless large bill in America? Sunlei Dec 2014 #30

We're Chumps jalan48 Dec 2014 #31

What would no omibus spending bill do to us? cheapdate Dec 2014 #33

Not really. dixiegrrrrl Dec 2014 #41

I can't begin to understand how this Admin can defend the pension betrayal/contract-breaking. WinkyDink Dec 2014 #34

Sadly, this problem with pensions was predicted years ago. dixiegrrrrl Dec 2014 #42

All it what it is ashling Dec 2014 #37

Thank you, dixiegrrrrl� IOW, it rewards de-regulation to further squeeze the 99% ... MrMickeysMom Dec 2014 #44

What frosts my cookies is dixiegrrrrl Dec 2014 #47

And, yet, some people continue to slumber on... MrMickeysMom Dec 2014 #50

THIS is what the CRomnibus bill will do to us NWProf Dec 2014 #45

Welcome to DU.... dixiegrrrrl Dec 2014 #51

How Low Can You Go colsohlibgal Dec 2014 #46

Kickety countryjake Dec 2014 #52

All going according to Wall St investor wishes. nt raouldukelives Dec 2014 #54

Obama twisted arms to get it passed. Little lord Jamie made calls and called in favors to get it Autumn Dec 2014 #56