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Mopar151

(10,348 posts)

23. Teamsters "Central States" was mobbed up big time - 50 years ago!

Fri May 20, 2016, 06:47 PM

May 2016

Big scandal at the time, at least in the trucker magazines passed on from my Uncle. It's beyond bad when poor regulation and greedy bankers are WORSE than the Mob!

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Pensions may be cut to 'virtually nothing' for 407,000 people [View all] WhiteTara May 2016 OP

by all means.. cut the livelihood of seniors by 60% annabanana May 2016 #1

Before we bleed for ALL of them too much, Hortensis May 2016 #12

CBS MoneyWatch: How the Teamsters pension disappeared more quickly under Wall Street than the mob Depaysement May 2016 #2

"And some people are complaining about lifting a chair." SammyWinstonJack May 2016 #3

It isn't about a chair it was about the violence and anger from a crowd having a tantrum cause it Ohioblue22 May 2016 #4

What violence? Depaysement May 2016 #6

I heard words hurt more than physical violence. So now Men verbally abusing women isn't violence? Ohioblue22 May 2016 #7

-1 Depaysement May 2016 #8

Of course you believe it is ridiculous. You want to blow it off because it makes Bernie and Ohioblue22 May 2016 #10

If it was a group of women yelling at a male speaker would that be violence too? zeemike May 2016 #17

Public officials vs private citizens. Ilsa May 2016 #20

I do not accept your assertion that they are apples and oranges. People, public or private, Ohioblue22 May 2016 #26

Your instructions forbid it, and since you can't think for yourself, you post what you're told. arcane1 May 2016 #28

Yawn. Run to your safe place where everyone who disagrees with you is dismissed as a troll Ohioblue22 May 2016 #31

I understand that. But public Ilsa May 2016 #38

There was no violence, troll. Please try to keep up. arcane1 May 2016 #27

Verbal abuse threats and someone raised a chair as a weapon. if a woman going in to planned Ohioblue22 May 2016 #29

Copy/pasting of Brock's latest lie-filled memo. arcane1 May 2016 #30

Yawn. Run to your safe place where everyone who disagrees with you is dismissed as a troll Ohioblue22 May 2016 #33

Exactly. jwirr May 2016 #19

That's why I took an early buyout on my pension REP May 2016 #5

Wow, I had no idea that the PBGC guarantee is so low for multiemployer funds. Nye Bevan May 2016 #9

As a trustee for about 25 years on multi-employer health and welfare plans, this stuff is scary tonyt53 May 2016 #11

The right thing to do is to bail out the PBGC, Nye Bevan May 2016 #13

If taxpayers are required to bailout every pension fund that is in trouble then the taxpayers are in Akicita May 2016 #42

Wow, TonyT. Thanks for your post. Hortensis May 2016 #14

"A lot of the fund's companies went bankrupt" < No, the problem is that they were allowed to jtuck004 May 2016 #15

yup. When HP bought DEC (via Compaq) 1st thing they did was claim our pension was overfunded magical thyme May 2016 #18

Hey this is America and if we do anything right it is.... Bonhomme Richard May 2016 #16

This is where the federal gov abelenkpe May 2016 #21

i remember when debating a friend who was on a fancy pension plan about me being on ssi, allan01 May 2016 #22

Teamsters "Central States" was mobbed up big time - 50 years ago! Mopar151 May 2016 #23

The coal business is ramping up the same scam on retired miners Mopar151 May 2016 #24

We can thank Ted Kennedy for pushing the Trucking Deregulation Bill which cost the Teamsters demosincebirth May 2016 #25

Retirement is for losers Fumesucker May 2016 #32

Thanks for posting Omaha Steve May 2016 #34

You're welcome! WhiteTara May 2016 #35

I have to look into this underpants May 2016 #36

Don't tell me this is going to get you!?! WhiteTara May 2016 #37

this is exactly why i prefer my 401K over a pension. frankieallen May 2016 #39

This is what happens when you pursue long term ZIRP. roamer65 May 2016 #40

That will be a disaster for the savers WhiteTara May 2016 #41

Feeling bad for the retirees Liberal_in_LA May 2016 #43

OMG. This kind of event just staggers me. No money for us people, but trillions to "defend" us. WinkyDink May 2016 #44

I have a State pension that has been invested very conservatively (probably below market rates) brooklynite May 2016 #45