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| Joined: | Sun Oct 1st, 2006 |
| Location: | Eastern Shore, Maryland USA |
| Posts: | 824 |
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Pensions may be backed by the govt. but pensions have been replaced by 401K's which save companys millions. These aren't guaranteed like pensions. I feel for those individuals whose 401K portfolios have dwindled to next to nothing and who now or in the near future depend on those funds. DO WE BAIL THEM OUT ALSO? How are people who work in the auto industry different from other American workers? Whose next? Hard questions with no easy answers. Glad I'm just a lowly physician.
Doc C