JCBA Negotiations and updates for AA Fleet

[Kev3188]

Any money in a 401k is in your control. You may not control the market, but you certainly determine how/where any assets are allocated.

And it's portable...And should something happen to you (God forbid) your spouse gets it w/o penalty...etc.

Control in the hands of workers; that's my "choice."

 

[Traymark]

Any money in a 401k is in your control. You may not control the market, but you certainly determine how/where any assets are allocated.

And it's portable...And should something happen to you (God forbid) your spouse gets it w/o penalty...etc.

Control in the hands of workers; that's my "choice."

 
 
Bingo

 

[WeAAsles]

Any money in a 401k is in your control. You may not control the market, but you certainly determine how/where any assets are allocated.
And it's portable...And should something happen to you (God forbid) your spouse gets it w/o penalty...etc.
Control in the hands of workers; that's my "choice."

I was waiting for this response. Ok Brexit comes to pass and the market gets so jittery that they start drawing it out like mad dogs tomorrow morning. What do you do? Can you make "immediate" changes to your investment portfolio in your 401k? NO!!!!

If you have a regular broker account to play the market yes that you can do.

Now Kev as far as anyone only being invested in one option like say the IAMPF and not having a 401k or other options, those individuals are fools. Like P. Rez said yesterday he loves his 401k and has both. I also put a hefty wad into my 401k and like I said, have a currently Frozen Pension, individual stocks, Social Security and bought a Condo all for further future retirement comforts.

And I'm "interested" in "maybe" adding one more investment into my portfolio.

Diversification guys. That's the only way to possibly secure your future.

Oh and Kev. Right now my cousins are the beneficiaries of all my assets including if I croak the day after I walk out of AA's doors, a fairly decent 401k account.

 

[WeAAsles]

Any money in a 401k is in your control. You may not control the market, but you certainly determine how/where any assets are allocated.
And it's portable...And should something happen to you (God forbid) your spouse gets it w/o penalty...etc.
Control in the hands of workers; that's my "choice."

Control in the hands of the workers BTW No. The market and it's manipulators are what control you. Those are the people who's hands you placed your money in. Don't think or delude yourself otherwise.

 

[Tim Nelson]

Any money in a 401k is in your control. You may not control the market, but you certainly determine how/where any assets are allocated.

And it's portable...And should something happen to you (God forbid) your spouse gets it w/o penalty...etc.

Control in the hands of workers; that's my "choice."

Weasle doesn't know. Unlike you and me, he is clueless about a lot of the plan since he isn't a member. Also, I find it interesting that few participating members in the plan are advocates like the weasel who has nothing to do with the plan. Him and 700 are the 2 biggest IAM Pollyanna's, almost exclusively, but NEITHER pays IAM dues. Hopefully, weasel can learn from the error of his ways and can lose his extreme bitterness of his election defeat and stop being anti union.

 

[WeAAsles]

Weasle doesn't know. Unlike you and me, he is clueless about a lot of the plan since he isn't a member. Also, I find it interesting that few participating members in the plan are advocates like the weasel who has nothing to do with the plan. Him and 700 are the 2 biggest IAM Pollyanna's, almost exclusively, but NEITHER pays IAM dues. Hopefully, weasel can learn from the error of his ways and can lose his extreme bitterness of his election defeat and stop being anti union.

Listen you Laundry basket Pollyanna, Cinderella dress wearing weirdo. Stop chugging away on cheap beers and jerky. My extreme bitterness and disappointed are my personal Linus security blanket that I suckle on like you do on a Houston candy girl.

And next time you put down Jon Andersons voice you best know what you're talking about!!!!!

I's be very happy today. As Jon would say Zoooommmm.

http://ultimateclassicrock.com/jon-anderson-roine-stolts-invention/

 

[WeAAsles]

How To Pull Off The Perfect Heist
 
The elements for the Great American Pension Heist are all in place. On the public side of the ledger – convince the public that pensions and the potential pensioners are the problem – never the Wall Street debacle of 2007-2008 or the tax subsidies gladly handed out to corporations. Clamor loudly and at length about the need for pension “reform.” Wait for a compliant legislature, city council, or other government entity to hand over the money – and then tell them they have no right to find out the terms of the management operations. Go quietly and no one will get hurt!
 
On the private side – Continue to tell workers that they’ll be better off with their “economic freedom” to finance their own retirement plans with “flexibility,” and they can use their money as they want – just make the management fee structure so complicated it takes a degree in Finance to figure it out, and then operate on the happy assumption that the financial professional’s first duty is to his own firm’s bottom line not with no specific obligation to cover the future retiree’s bottom. Give us your money, pay us the fees, and just trust us! Go quietly, and no one will get hurt?

http://crooksandliars.com/2014/12/america-s-most-accomplished-looters-great

 

[WeAAsles]

WASHINGTON (AP) -- President Barack Obama's Democratic allies in the House have blocked a GOP attempt to derail new administration rules that require financial professionals to put their clients' best interest first when giving advice on retirement investments like individual retirement accounts.
Democrats are in the minority in the House but held together on a 239-180 vote to deny Republicans the two-thirds margin required to overcome a veto of GOP legislation to overturn the new rules.
The vote came Wednesday night amid tumult on the House floor as Democrats mounted a sit-in to protest GOP leaders' refusal to stage votes on gun-related measures.
The regulations are aimed at blocking financial advisers from steering clients toward investments with higher commissions and fees. Republicans retirees' choices will be limited.

https://www.yahoo.com/news/house-upholds-obama-fiduciary-rule-retirement-savings-032422204.html?ref=gs

 

[WeAAsles]

The Great Depression Begins: The Stock Market Crash of 1929

 
The American economy entered an ordinary recession during the summer of 1929, as consumer spending dropped and unsold goods began to pile up, slowing production. At the same time, stock prices continued to rise, and by the fall of that year had reached levels that could not be justified by anticipated future earnings. On October 24, 1929, the stock market bubble finally burst, as investors began dumping shares en masse. A record 12.9 million shares were traded that day, known as “Black Thursday.” Five days later, on “Black Tuesday” some 16 million shares were traded after another wave of panic swept Wall Street. Millions of shares ended up worthless, and those investors who had bought stocks “on margin” (with borrowed money) were wiped out completely.

http://www.history.com/topics/great-depression

 

[Tim Nelson]

Our negotiations are behind the 8 ball even before our NC walks into talks because all they consider is recycling industry language.  If they ever considered language that is much better, then maybe our members and workers in this industry can advance as other blue collar industries.  What's more troubling is that our industry craft isn't pressured by foreign workers or foreign countries. 
 
Check out the highlight sheet of the UAW's latest contract at GM.  Here is the link https://uaw.org/contractsummary/
 
64 holidays over 4 years
solid overtime rules
over $40 per hour
$8,000 signing bonus
$60,000 buyout {If I remember correctly, a worker can make this decision over a 3 year period]
a pension that is far far superior than our dink pension
Health care that far far exceeds our scam health care.
Scope Scope Scope

 

[700UW]

Apples and oranges.

Go work for GM then.

 

[Tim Nelson]

The IAM and TWU should be ashamed of themselves for allowing awful language into the labor agreements in this industry. I have friends who are blue collar workers in other industries and they can't believe we call our rag a contract. When compared to other industries (which are subject to foreign competition even though our craft isn't), they have far superior pensions, health care, wages, etc. And strict guidance on attendance policies so they can use their sick time and not get fired. Take a look at the latest GM UAW contract for hourly workers. $40+, 64 holidays over 4 years, $8,000 bonus, scope, far superior health care and pension, etc.
https://uaw.org/contractsummary/

 

[Tim Nelson]

Apples and oranges.

Go work for GM then.

I agree, it is now apples and oranges as the UAW has taken care of their industry a lot better than the I Am Management and The Worst Union has in this industry. My craft isn't even subject to foreign workers. I applaud the UAW for having strong language. The language that gives them the right to use their sick time without being fired is exclusive to human decency so don't give me your IAM Pollyanna garbage of how this industry has the right to fire people for using sick time. And there is no reason why our pension and health care blow in this industry since those are basic collective bargaining items.

 

[WeAAsles]

I agree, it is now apples and oranges as the UAW has taken care of their industry a lot better than the I Am Management and The Worst Union has in this industry. My craft isn't even subject to foreign workers. I applaud the UAW for having strong language. The language that gives them the right to use their sick time without being fired is exclusive to human decency so don't give me your IAM Pollyanna garbage of how this industry has the right to fire people for using sick time. And there is no reason why our pension and health care blow in this industry since those are basic collective bargaining items.

Alright it's Hollyanna and not Pollyanna but a great tune nonetheless.

http://youtu.be/G01ClDIVhDY

 

[WeAAsles]

Some news today for P. Rez.

http://www.nbcnews.com/pop-culture/music/jury-finds-led-zeppelin-did-not-steal-intro-rock-epic-n597761