CitationUltra
Well-known member
- Joined
- Apr 13, 2006
- Posts
- 304
News Bulletin for you: 60 is not a normal retirement age in any profession! Doctors don't retire at 60. Lawyers don't. Accountants don't. Business executives don't. This was not a "bailout" of the "old guys." It was the elimination (long overdue) of a systemic industry form of age discrimination. It was a correction of a long, long-standing problem of arbitrary discrimination. No court would uphold restoring the status-quo ante.I'm somewhat encouraged. The Wall Street bailout is going to spotlight what has happened to us. it's obvious age 65 was a bailout. Prater said as much with his "the FO that get's it" webcast BS. Well, obviously some things have changed and bailing out the old guys is costing us more than it should. Since no one takes a benefit until the day they turn 60, that's where the cutoff ought to be. We've had B scales and half votes before. Let's get it in the CBAs. Cut their pay and get some dough headed toward the furloughs and make everyone whole up to age 60. Keep 60 as a normal retirement age!
Prater had the chance to do this right. He should be hammering for a bailout in front of the automakers. He should have been speaking out against the half effort the ATSB turned out to be. Nope. He folded like a lawn chair and then turned to the bottom half of the profession for his bailout. We're going to see executive pay get trimmed in favor of protecting the taxpayer in the Wall Street bailout. We need to see age 60+ earnings trimmed in favor of those of us picking up that tab.
SO GET OVER IT.