ESOP

[UAL_TECH]

Employees Win Control of United

Employees Win Control of United
Labor Secretary Calls Airline Deal a 'True Landmark'

By Richard M. Weintraub
Washington Post Staff Writer
Wednesday, July 13, 1994

😛

 

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🙂

For a moment, I had forgotten what unbridled fun being an airline employee is. Thank you, UAL_TECH, for taking care of our communal memory.

As a worker, my worth is collapsing... I lose.

As an investor, my worth is inflating... I win.

Coincidence? I think not. This is EXACTLY what the Bush Admnistration intended and achieved 2000 - 2006.

This is because YOU can only perform ONE skill (PROFESSION, if you are a pilot) while MONEY can do ANYTHING, go ANYWHERE, be ANYTHING.

Pay CLOSE attention to your investments. They are worth more than you are.

 

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Where are you, Cosmo?

This is a community of ideas. Let's have yours!

UKRidge? Speak up! These issues are global, not national! Where are you?

Come on, people. Labor, Land, Capital; these are the elements that produce wealth. Adam Smith recognized this in the 18th century. (Have you been a bit concerned about the value of your home, lately?)

The mix is changing. At least, we still have our voice! Let's hear your opinion.

 

[novaqt]

🙂

For a moment, I had forgotten what unbridled fun being an airline employee is. Thank you, UAL_TECH, for taking care of our communal memory.

As a worker, my worth is collapsing... I lose.

As an investor, my worth is inflating... I win.

Coincidence? I think not. This is EXACTLY what the Bush Admnistration intended and achieved 2000 - 2006.

This is because YOU can only perform ONE skill (PROFESSION, if you are a pilot) while MONEY can do ANYTHING, go ANYWHERE, be ANYTHING.

Pay CLOSE attention to your investments. They are worth more than you are.

What are you saying here? Go global? What are we supposed to invest in China, South America, Russa? Emerging markets? Warren Buffett just bought a boat load of Railroad stock. What does that say about the airline industry?

Also, know anything about the class action suit that United employees and retirees won? $5 + Million.

 

[UAL_TECH]

As a worker, my worth is collapsing... I lose.

As an investor, my worth is inflating... I win.

Coincidence? I think not. This is EXACTLY what the Bush Admnistration intended and achieved 2000 - 2006.

This is because YOU can only perform ONE skill (PROFESSION, if you are a pilot) while MONEY can do ANYTHING, go ANYWHERE, be ANYTHING.

Pay CLOSE attention to your investments. They are worth more than you are.

Correction:

As a worker, my worth has collapsed... I lost.
As an investor (ESOP) , my worth collapsed... I lost again.
Now that 'retirement' is under my own control through the fully transportable 401(Series), guess what, I'm loosing again.
Yea, I feel the 'Love' (insert anal probe here <---) 😛

B) UT

 

[rotate]

What are you saying here? Go global? What are we supposed to invest in China, South America, Russa? Emerging markets? Warren Buffett just bought a boat load of Railroad stock. What does that say about the airline industry?

Also, know anything about the class action suit that United employees and retirees won? $5 + Million.

Thanks for contributing, novaqt. I was being sarcastic but when I wrote that comment it was true. Now, I'm losing as an investor, too.

Yippee!!!

The Army instituted a program after Vietnam: "Lessons Learned". These are mine:

1) Don't count on anything...life is unfair.
2) The rich get richer.
3) Those who hire workers will always hire the cheapest they can find.
4) The stock market goes down as well as up.

I got it.