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What the media is missing about the pension "scandal." [View All]

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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-05 06:29 AM
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What the media is missing about the pension "scandal."
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I use "scandal" because it is scandalous, not to indicate a particular person doing something wrong. Anyway, all of these companies with troubled pension plans; correct me if I'm wrong, but aren't these pension plans INVESTED? They don't just sit there and rot, waiting for workers to claim their share, they are invested back into the economy.

So, Bushbots...if the economy is doing so damn well, as your fearless leader has been claiming for the past five years, why the hell are these pension funds performing so poorly that they can't meet obligations? Where are the fund managers? All we hear about is the low-life worker demanding too-high wages, and getting too much health care. In the robust economy Bush says we're enjoying, how can any competent fund manager be losing money?

Oh, yeah, that's right...it's all a big fucking lie.

Never mind.
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