Now that 'blue chip' stocks...
D.Duck wrote:
"HK" wrote in message
m...
D.Duck wrote:
wrote in message
...
On Tue, 3 Mar 2009 21:42:13 -0500, "D.Duck" wrote:
Oh, and the Teamster's pension fund problems come to mind.
Which pension fund problems are you talking about?
I remember in the late 50s and early 60s RFK was trying to say the
Teamsters squandered the pension funds by investing in Vegas casinos
but those investments out performed the Dow.
I guarantee the Teamsters retirees are in better shape than the UAW
right now. My sister's first husband is a retired teamster and he is
doing fine.
And Jimmy Hoffa was a fine upstanding citizen. 8)
Compared to many of today's corporate CEO's? He sure was. It's hard for me
to imagine Hoffa knowingly distributing batches of peanut butter that
contained salmonella, or paying himself a $30 million bonus in a year when
his union lost a billion dollars.
Hoffa was a tough little guy because he had to be. But he was far less
violent and far more honorable than, say, the chairman of Blackwater.
There's bad apples in every barrel. No one group is exempt.
Well...that's encouraging.
Frankly, I am a fan of old style union organizing and operation, sans,
of course, any corruption that harms the interests of the members or
retirees. Alas, the lawyers have infected the process.
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