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.

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

 Mr. Walker, with all the times you have been wrong, and just
 plain screwed up, I don't find it necessary to insult you or
 misconstrue what you have said. My arguements are based on
 economic facts, not right wing fantasies.

 And think for yourself. Once you start collecting your pension
 the money comes from the pension fund investments. They do not
 pay your pension out of corporate income, unless they were
 shortchanging the pension to begin with, but that's another
 matter.


BOB KLAHN bob.klahn{at}sev.org   http://home.toltbbs.com/bobklahn

... Aim high - if you're lucky, you'll hit an officer
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