People are starting to understand:
Picture this: a long line at the United Airlines counter at O’Hare, and the would-be travelers have just learned that their flight to California has been canceled because a crew hasn’t shown up. And what do these folks do? Complain vociferously? Attack the United workers? No, they sympathized with the absent pilots and flight attendants. Why? Because the day before, they lost their pension plan. The crowd disperses, deprecating not the United employees, but the bankruptcy judge who allowed the decision to dump the pension plan in the lap of the Pension Benefit Guaranty Corporation, the federal agency that oversees private pension plans. ”What was that judge thinking!” one woman exclaimed as she waited patiently to make other arrangements.
A fantasy? No, it happened, and my source — my wife, no anonymity here — said it was the least angry line of people that had been bumped from a flight she had ever seen.
The American public is slowly coming to understand the extent to which their interests are being undermined by the sale of their government. We should not underestimate the anger that will come from this, and the extent to which Democrats will be tarred with the same brush.
Anyone with a pension of less than $45,613.68 per year will get every dime of their pension - but through the PBGC - it’s the long term pilots and flight attendents who have a pension higher than that are getting screwed.
http://www.pbgc.gov/pt_faq.htm#12
Now I understand why the the folks at United were so unhelpful when all my flights were delayed and I was stranded at SFO last winter.
But unions are BAD! The President said so.
This is the wonder of the free market at work. So a flight was cancelled…big deal…the tickets were cheap!
Waaaal. . . . . . the thing is, they’re not cheap anymore.