Fecav8r, Busyboy, Hercbus, Huck
Howdy All,
FECAV8R - I'm assuming you didn't read the link I included for you? You're concerned about having your retirement diversified across the stock and/or bond market, but it makes you feel better knowing a LARGE part of your retirement is tied to the financial health of a SINGLE company (FDX) 10, 20 or 30 years from now??? We need to get together for a beer and some financial lessons on the back of a napkin.... Additionally, noone said working for The Man without a contract is a viable or desirable option. I almost get the feeling that I'm calling your baby ugly here.
Busyboy - Go look at the TA Real Highlights thread at posting number 16 by MX727 and my response with posting #23. As I've said before, liars figure and figures lie.... My math is correct, I've run the numbers many times.
Hercbus - Thanks for the support.
Huck - I only joined a few days ago and started posting because there are a lot of "all thrust, no vector" people posting here. I'm willing to go through this TA a piece at a time and put out what my take on it is. No conspiracy here. I'm a huge Union supporter, but just because I love my wife, not everything she does is right, ya' know what I mean?
I'll caveat my next statement with (a) it's only my opinion of the TA and (b) I've still got 28 sections to REALLY STUDY (I've read them all already), but.... So far my take on this contract is it's a GREAT money win if you're 55-60 years old and a MD-11 Captain flying International. It's got minor improvements for the hub turners and out-n-back guys, either junior or senior, which might very well be offset by the healthcare increases and the idiocy of improving the A Plan in lieu of fighting for a substantial B Plan increase.
Just my take... I'll now duck behind the rock for cover and wait for your responses. Oh, by the way, I'm heading for the retirement section next.
Mike