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pstall

GM 1, Detroit schools 0. Irony 100.

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More projecting. Awesome.

Guess I should have known better than to demonize the finance industry in pstall's union demonizing thread.

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im demonizing the model. not the union themselves. i also demonized NC's property tax system. You must have missed that.

So have those poor saintly public workers only had their wages to rely on or did they not get to invest just like those greedy capitalist pigs?

How did their benefits get paid for as well?

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im demonizing the model. not the union themselves. i also demonized NC's property tax system. You must have missed that.

So have those poor saintly public workers only had their wages to rely on or did they not get to invest just like those greedy capitalist pigs?

How did their benefits get paid for as well?

State employee's can't do risky investments with their retirement (which is nice in the early years) If you pay off your house and kids education before retirement, you can live fine retiring at 50. You will not be sailing around the world, but if you are a simpleton working for the state is a less stress way to a solid retirement.

Detroit is really poor.

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The risky investment as defined by the plan administrator. Most smart pension fund managers wrote covered calls.

In NC, whether you want to or not, 6% of your salary is put into a 403b. And if you are let go within the first 5 yrs, you do NOT get those funds back.

That's part to cover, cough, legacy costs and pad the general reserve fund. But that's going down.

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Government needs to get out of the education business. They do it as well as everything else they get involved in.

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The risky investment as defined by the plan administrator. Most smart pension fund managers wrote covered calls.

In NC, whether you want to or not, 6% of your salary is put into a 403b. And if you are let go within the first 5 yrs, you do NOT get those funds back.

That's part to cover, cough, legacy costs and pad the general reserve fund. But that's going down.

Not saying it is perfect, but if you are simple in what you want it will suffice and you will not have the stress of a career in private industry.

Unions have added this public career security to private companies AND they are giving at least private sector pay which is is impossible to retain. The auto union system was doomed when the first inexpensive asian/foreign car came off the boat 40 years ago. That is all.

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Not saying it is perfect, but if you are simple in what you want it will suffice and you will not have the stress of a career in private industry.

Unions have added this public career security to private companies AND they are giving at least private sector pay which is is impossible to retain. The auto union system was doomed when the first inexpensive asian/foreign car came off the boat 40 years ago. That is all.

Seeing as Honda, Toyota and Nissan all had/have very strong unions in Japan, I can't say I agree.

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Seeing as Honda, Toyota and Nissan all had/have very strong unions in Japan, I can't say I agree.

Comparing apples to apples, they have American plants in the south that are not union and can compete

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And Ford is doing just fine with its unions. Unions are a convenient excuse for auto makers that forgot how to make a good product.

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I agree if the product was better most people would pay more for it. If it is going to to be equal or worse they'd be dumb to pay as much or more. There are always going to be the "buy merican" people who will pay for an inferior product. We agree. Make a good product, stay in business with or without unions. Make a car that is built to break every ten years you will be done.

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