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  #64  
Old May 13th 05, 05:52 PM
Matt Barrow
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"Cub Driver" wrote in message
...
On Thu, 12 May 2005 19:04:40 GMT, "Jay Honeck"
wrote:

Not to diminish what has happened at United, but it was reported on NPR

that
United pensioners are guaranteed their pensions, up to $45K annually.


The guarantee of course is by the American taxpayer. (Speaking of the
nation, not the airline.)

I have little sympathy for airline employees, who in the good days set
the airlines up for future bankruptcy much as the United Auto Workers
did. (To be sure, the airlines and the auto mfgrs were enablers.)


I remember the media crowing about how good it was going to be for United
when the union became the primary stockholder (IOW, the OWNER of the
COMPANY).

UAL was going to become the Workers Paradise®.