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Eisboch August 2nd 08 12:48 PM

McCain Calls Social Security a Disgrace, but Draws Benefits
 

"hk" wrote in message
. ..



You do understand I think McCain is entitled to whatever social security
payments he receives, right? That's not the point. The point is, if McCain
were so in favor of privatization of social security and cutting benefits
for retirees and the disabled, well, he ought to not accept the checks.

It's just more of the rich Republican hypocrisy.




You'll get a kick out of this one. Not in the same league of course, but
.....

Back in 2000, I sold my company. My share of the proceeds was more than
enough to retire on.
Four years later, due to the sale/merger of the larger company that bought
it, an opportunity to buy my company back presented itself. My company's
business area did not fit within their future plans. We were considered too
"high tech".

So, I helped negotiate a deal whereby my son bought back the company and
held the majority of stock. He has run it for the past 4-5 years and has
done a very good job at continuing growth, while maintaining the original
"culture" and excellent reputation the companies people and products have
earned over the years. I remained an "employee/consultant", earning the
minimum annual salary to qualify for health plan participation.

Over the past year the company showed up on the radar screen again of
another group who invest in or acquire technology based companies in
specific technological growth areas. Discussions commenced, resulting in
them making a very attractive offer to fully acquire the company. My son
wants to move on to other things, and I have no interest in the day to day
management of a business that I've been involved in for the past 30
something years. Too many "re-runs".

The deal was closed a couple of weeks ago. As is typical of this type of
acquisition, both my son's and my "employment" and pay checks were
terminated. We have both been retained as potential consultants, to be
paid on a case by case basis, if required.

So, we were sitting around last night, thinking of "what's next" in our
lives when my brother mentioned that we were both probably eligible for
unemployment benefits.

Thinking about it, I realized that for the first time in my life, maybe it
was now time to become a Democrat.


(Just to keep it straight ..... we *won't* file or collect unemployment.
But, we had fun thinking about it)

Eisboch




John H.[_5_] August 2nd 08 12:59 PM

McCain Calls Social Security a Disgrace, but Draws Benefits
 
On Sat, 2 Aug 2008 07:48:18 -0400, "Eisboch" wrote:


"hk" wrote in message
...



You do understand I think McCain is entitled to whatever social security
payments he receives, right? That's not the point. The point is, if McCain
were so in favor of privatization of social security and cutting benefits
for retirees and the disabled, well, he ought to not accept the checks.

It's just more of the rich Republican hypocrisy.




You'll get a kick out of this one. Not in the same league of course, but
....

Back in 2000, I sold my company. My share of the proceeds was more than
enough to retire on.
Four years later, due to the sale/merger of the larger company that bought
it, an opportunity to buy my company back presented itself. My company's
business area did not fit within their future plans. We were considered too
"high tech".

So, I helped negotiate a deal whereby my son bought back the company and
held the majority of stock. He has run it for the past 4-5 years and has
done a very good job at continuing growth, while maintaining the original
"culture" and excellent reputation the companies people and products have
earned over the years. I remained an "employee/consultant", earning the
minimum annual salary to qualify for health plan participation.

Over the past year the company showed up on the radar screen again of
another group who invest in or acquire technology based companies in
specific technological growth areas. Discussions commenced, resulting in
them making a very attractive offer to fully acquire the company. My son
wants to move on to other things, and I have no interest in the day to day
management of a business that I've been involved in for the past 30
something years. Too many "re-runs".

The deal was closed a couple of weeks ago. As is typical of this type of
acquisition, both my son's and my "employment" and pay checks were
terminated. We have both been retained as potential consultants, to be
paid on a case by case basis, if required.

So, we were sitting around last night, thinking of "what's next" in our
lives when my brother mentioned that we were both probably eligible for
unemployment benefits.

Thinking about it, I realized that for the first time in my life, maybe it
was now time to become a Democrat.


(Just to keep it straight ..... we *won't* file or collect unemployment.
But, we had fun thinking about it)

Eisboch



To suggest that McCain is wrong for taking his SS because he was for the
privatization of a portion of SS, is pretty damn stupid. But, some dimwit
published an article, and a bunch of other dimwits jumped on the bandwagon.

Don White August 2nd 08 02:44 PM

McCain Calls Social Security a Disgrace, but Draws Benefits
 

"Eisboch" wrote in message
...

"hk" wrote in message
. ..



You do understand I think McCain is entitled to whatever social security
payments he receives, right? That's not the point. The point is, if
McCain were so in favor of privatization of social security and cutting
benefits for retirees and the disabled, well, he ought to not accept the
checks.

It's just more of the rich Republican hypocrisy.




You'll get a kick out of this one. Not in the same league of course, but
....

Back in 2000, I sold my company. My share of the proceeds was more than
enough to retire on.
Four years later, due to the sale/merger of the larger company that bought
it, an opportunity to buy my company back presented itself. My company's
business area did not fit within their future plans. We were considered
too "high tech".

So, I helped negotiate a deal whereby my son bought back the company and
held the majority of stock. He has run it for the past 4-5 years and has
done a very good job at continuing growth, while maintaining the original
"culture" and excellent reputation the companies people and products have
earned over the years. I remained an "employee/consultant", earning the
minimum annual salary to qualify for health plan participation.

Over the past year the company showed up on the radar screen again of
another group who invest in or acquire technology based companies in
specific technological growth areas. Discussions commenced, resulting in
them making a very attractive offer to fully acquire the company. My son
wants to move on to other things, and I have no interest in the day to day
management of a business that I've been involved in for the past 30
something years. Too many "re-runs".

The deal was closed a couple of weeks ago. As is typical of this type of
acquisition, both my son's and my "employment" and pay checks were
terminated. We have both been retained as potential consultants, to be
paid on a case by case basis, if required.

So, we were sitting around last night, thinking of "what's next" in our
lives when my brother mentioned that we were both probably eligible for
unemployment benefits.

Thinking about it, I realized that for the first time in my life, maybe it
was now time to become a Democrat.


(Just to keep it straight ..... we *won't* file or collect unemployment.
But, we had fun thinking about it)

Eisboch



Up here you'd be expected to be out looking for work while cashing
Employment Insurance cheques.
Some lucky people are forced to supply a list of 10-15 contacts thay have
made looking for wook every two weeks.



Eisboch August 2nd 08 02:54 PM

McCain Calls Social Security a Disgrace, but Draws Benefits
 

"Don White" wrote in message
...



Up here you'd be expected to be out looking for work while cashing
Employment Insurance cheques.
Some lucky people are forced to supply a list of 10-15 contacts thay have
made looking for wook every two weeks.


Same here, but the system gets "milked" by some anyway. Regardless of the
economy, most people who really want to work .... do.


Eisboch



DK August 3rd 08 02:20 AM

McCain Calls Social Security a Disgrace, but Draws Benefits
 
Eisboch wrote:
"Don White" wrote in message
...
Up here you'd be expected to be out looking for work while cashing
Employment Insurance cheques.
Some lucky people are forced to supply a list of 10-15 contacts thay have
made looking for wook every two weeks.


Same here, but the system gets "milked" by some anyway. Regardless of the
economy, most people who really want to work .... do.


Eisboch



Dumb Don needs a spell checker...among other things.


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