[....DEFINED-BENEFIT PENSION: The good kind of pension plan. This is a retirement plan in which you are guaranteed a specific amount of pay upon retirement, according to a formula 27 people understand. These are regulated and guaranteed. Because they offer workers enough security to rise above being desperate and grateful for an occasional “cake day,” bosses hate them.
DEFINED-CONTRIBUTION PENSION: This is the 401(k)-type plan, in which the boss contributes something, the workers contribute something, and then the employees are free to gamble in the stock market with their retirement just like teeny tiny Warren Buffetts. If they happen to retire in a year when their entire nest egg is swallowed in a rapacious Ponzi scheme stock bubble, that’s the magic of the market. Savor it....
....PUBLIC SECTOR: Type of government job held by actual people, rather than hacks and blowhards. Also known as “big” or “bloated” government. By sheer coincidence, these actual people tend to be women and not white. They run toward explosions to help out. They clean up junkie diarrhea on the trains at 3 a.m. My wife, who works at a county hospital, where a hobo ejaculated on her foot during a medical exam. These are the last good jobs in America and must be defended if we want a middle class....] (emphasis added)
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Showing posts with label union. Show all posts
Showing posts with label union. Show all posts
Sunday, January 5, 2014
Wednesday, February 23, 2011
Thursday, October 21, 2010
Evils of Coca-Cola: Branding children, killing union organizers
[The pushing of soft drinks in schools was part of a deliberate strategy on the part of Coke and also Pepsi and other soft drink companies in the 1990s when they were facing an increasingly saturated market and schools became an attractive place for them to not only sell more soft drinks but to brand kids early. That's why Coca-Cola's former marketing director admitted to me that it was really part of their marketing strategy to get kids to choose one brand or the other early on in life and they did that through these exclusive pouring rights contracts where they would give the schools a bit of money up front and the schools would promise to serve Coke and only Coke or Pepsi and only Pepsi in the hallways and cafeterias.] emphasis added
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