TEA

Mitt Romney's NY Times Op-Ed On the Automakers: Dead On

I agree with Mitt on every point except the pension, these retirement programs were promises made by the board of directors and executive management and should have been fully funded as the promises were made otherwise the companies should not have made the future commitment. To take that back now is complete dishonesty and lies to the workforce years ago. I like it no different to the Social Security promises made by our elected officials when they move social security into the general fund years ago and have spent every penny and put IOU’s in its place. At some point the corporate leaders , board of directors and elected officials that made these retirement promises and decisions to spend the money need to be held accountable as they said back when the promises were made "the people we are doing this for will not save for retirement so we will take care of them". “Boy Did They Take Care of Them” And now watch your elected officials will try to go after your 401K’s saying you don’t know how to invest in the markets so the government will keep you safe. Hold on to your wallet… Keep in mind that millions of workers saving small amounts add up to very large amounts that corporate management and elected officials’ can’t pillage fast enough all the while protecting their single very large estates making sure they never get touched.