TIP: Click on subject to list as thread! ANSI
echo: crossfire
to: BOB ACKLEY
from: TOM WALKER
date: 2009-05-29 08:55:00
subject: (1/2) Welfare

BA> BK>>>  We were talking about the pay of workers, not former workers.
BA> BK>>>  Pensions are out of a pension fund, not current cash flow.
BA> BK>>>  Medical benefits have been moved to a similar fund.

BA> BA>> And both of those funds get their money from current (and
BA> BA>> future) cash flow.

BA> BK>  No, they do not. The pension plan has it's own investments. Why
BA> BK>  do you think pension funds own so much in the stock market.

BA>Silly me.  I thought the company continued to contribute to those funds with
BA>*current* and *future* cash flow.

Concider the Source. Mk K frequently babbles Mindlessly. Plus ih is
liberal enough to believe in FREE money and maybe even the tooth Fairy.
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