Stop and rest awhile as the caravan moves on
Re: What do Digby & Bill Buckley have in common?
by Dave Schuler
On a related note the PBGC is bailing out the unfunded UAL pension plans. How this constitutes an “ownership society” I have no idea. Unless the deficit in the PBGC accounts is made up by premium increases (in which case successful companies will be subsidizing unsuccessful companies) it will be made up from general funds which means that the Social Security surpluses will be paying for UAL pensions. Arghhh.
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chez Nadezhda