[cherry]

as a person married to someone who lost all his normal pension and retirement medical benefits via a nice and tidy "bankruptcy",and thus never allowing us to retire at a decent age, I resent being seen as someone who "dumped" anything on the taxpayer....

my hubby's company was able to do what they did with the absolute approval of govt officails and nobody wept for us......infact, I think various govt officials paved the way for people like us to get the shaft....

[RadioAstronomer]

I am sorry to read this. Sigh.

[Hank Rearden]

Then let the "government officials" pay for it out of their own pocket.

I don't know you and didn't have a damn thing to do with it; you don't think you're entitled to hire the government to steal my money at gunpoint and give it to you, do you?

[son of caesar]

cherry, im sorry to hear about your situation. yes, i absolutely think the govt cleared the way for most companies to reneg on their contractual obligations to you and your husband. the method they use is to cut a few out at a time, so no great rukus gets started, witness some posts in response to you right here in this thread. of course you and i know that if it was them who was being cheated out of fair returns from their labor, theyd howl for washington to come fix the problem. hope all goes well for you in the future. btw, to all those who think clearly, no company exec ever had a gun put to his head to sign a workers agreement including pensions or medical or whatever, they made contract and they should be forced to fulfill the contract. period.

[mewzilla]

I'm sorry to heart that, too, cherry. I am curious, though, what do you consider a decent retirement age?

[REPANDPROUDOFIT]

It is always a shame when one's "golden years" dream evaporates.

I think various govt officials paved the way for people like us to get the shaft....

Gov't officials, maybe. The US taxpayer, no. If you asked the taxpayers how they felt about covering thousands of pensions that disolved, they would let you know in a hurry how they feel about it. We are paying enough in Social Security taxes. Most of us have to supplement that on our own. What's good for the Goose ........

[Buffalo Bob]

Cherry;

What happened to your husband is going to happen to many folks in the years to come - in one form or another.

• People with pensions will see them go up in smoke.
• People counting on social security will get chump change, as the gub-mint "adjusts" the program for the reality ahead.
• The younger generation will be further taxed to death to pay for the retiring baby-boomers.

  For several generations, we as a society have allowed ourselves and our leaders, both political and business, to create a culture of debt. We have sacrificed ethics for a few pieces of silver, and we are quickly finding that we no longer have either.

  We as a society have sown to the wind. And now we will reap the whirlwind. It is just that simple.