Originally Posted by
Reroute
So let's use the numbers of an airline that may or may not be solvent to make comparisons to judge our losses. Airlines never go out of business. Those DB plans were money in the bank, a sure thing for decades to come. We should have gone all in on for our airline DB plans.
Hey Einstein.. where on earth did I say anything like I think it was a mistake to get rid of the DB plans? Find one post before you do your little rollie eyes thing in my direction. All I was saying is that to use the PBGC as any sort of equalizing element in the equation is fairly risky because we all know how the guybbamint will rape and pillage any "free" money they can get their hands on.. and change the finish line for those that are eligible... or have you not been paying attention to social security?