No Water Cannon Salute in STL for Capt
08-12-2018, 01:59 PM
#31
Gets Weekends Off
Joined APC: Dec 2007
Position: retired
Posts: 992
Originally Posted by Dougdrvr
I called in sick. Really.
08-12-2018, 02:10 PM
#32
Gets Weekend Reserve
Joined APC: Jul 2007
Posts: 3,615
Originally Posted by galaxy flyer
Illegal strike! That would have worked real well—jail, mega-fines and imposed contracts worse than proposed.
GF
GF
Sorry, hogwash. 1113c refers to abrogation of union contracts via bankruptcy court. As such, work action can/should have at least been attempted legally. The mere fact that ALPA didn’t even try fighting it speaks volumes.
08-12-2018, 02:11 PM
#33
Where's my Mai Tai?
Joined APC: Aug 2006
Position: fins to the left, fins to the right
Posts: 1,731
Originally Posted by CrispyBacon
Basic napkin math tells me at 2017 tax rates
$300,000 gross =
~$217,000 net
a conservative ror at 5% = $227,000
- 27,0000 (~$2250 / month for basic living expenses for a 2 person house)
=
$200,000 * 5 years =
$1,000,000
and thats if your wife didnt work.
Totally possible boomer, your ego was just too big and you had to "generation me" the **** of your keeping up with the jone's lifestyle. Guaranteed you had more earnings then most American's can dream of, yet you selfishly fed your own ego's for decades and now you want more.
$300,000 gross =
~$217,000 net
a conservative ror at 5% = $227,000
- 27,0000 (~$2250 / month for basic living expenses for a 2 person house)
=
$200,000 * 5 years =
$1,000,000
and thats if your wife didnt work.
Totally possible boomer, your ego was just too big and you had to "generation me" the **** of your keeping up with the jone's lifestyle. Guaranteed you had more earnings then most American's can dream of, yet you selfishly fed your own ego's for decades and now you want more.
300k is in the 35% threshold for AMT. That equates to 105k in federal tax. That doesn’t include state, FICA, union, insurance, etc. You’ll net less than 200k.
So you’re living on $2250/month now right?
08-12-2018, 02:28 PM
#34
Gets Weekends Off
Joined APC: Mar 2018
Position: sideways
Posts: 294
Originally Posted by Excargodog
Jeez, keep your distance please...
08-12-2018, 02:31 PM
#35
Gets Weekends Off
Joined APC: Mar 2018
Position: sideways
Posts: 294
Originally Posted by Klondike Bear
This is awful. I’m sorry and I’m sure your next wife will be better.
08-12-2018, 02:38 PM
#36
Gets Weekends Off
Joined APC: May 2010
Position: Baja Vermont
Posts: 5,177
Originally Posted by RJSAviator76
Sorry, hogwash. 1113c refers to abrogation of union contracts via bankruptcy court. As such, work action can/should have at least been attempted legally. The mere fact that ALPA didn’t even try fighting it speaks volumes.
GF
08-12-2018, 02:48 PM
#37
Gets Weekend Reserve
Joined APC: Jul 2007
Posts: 3,615
No Water Cannon Salute in STL for Capt
Originally Posted by galaxy flyer
You’re confusing “released to self-help” by the NMB and 1113c Bankruptcy Court action. A strike during BK would be a disaster. For what its worth I was on the EAL MEC during these type of discussions, but that was before 1113c.
GF
GF
I know you were. I’m talking about ALPA folding like a house of cards under a mere threat of 1113c after giving away the store to preserve the pensions. Total amateur hour.
Believe me, there would have been other pressures on the company if ALPA truly fought to preserve pensions and backed up that threat with strike votes. Simple notion... abrogate an ALPA contract in court to dump pensions, you no longer have pilots. Bluff, bs them, do something! Instead, we all folded worse than a cheap suit.
08-12-2018, 03:13 PM
#38
Banned
Joined APC: Apr 2011
Posts: 1,473
Originally Posted by Swedish Blender
Because someone disagrees with you, your math is wrong btw, I automatically become a boomer. Quite the stretch. Entitled much?
300k is in the 35% threshold for AMT. That equates to 105k in federal tax. That doesn’t include state, FICA, union, insurance, etc. You’ll net less than 200k.
So you’re living on $2250/month now right?
300k is in the 35% threshold for AMT. That equates to 105k in federal tax. That doesn’t include state, FICA, union, insurance, etc. You’ll net less than 200k.
So you’re living on $2250/month now right?
08-12-2018, 03:15 PM
#39
Gets Weekends Off
Joined APC: May 2014
Posts: 1,681
Originally Posted by RJSAviator76
Crooked courts? As one of those who had his pension gutted... I squarely blame ALPA for letting them go without a fight.
Every single pilot group gave concessions in order to save the pension/A-plan. When the management at all airlines wanted to take pensions and threatened 1113c as means to do it, ALPA should have called for a strike vote and threatened a nationwide SOS. Some things should have been sacred and A-plans/pension was one of those things.
Instead, ALPA folded like a house of cards and without so much as a whimper. But hey... they did score a big win later and they "took it back" when they agreed to support raising the retirement age to 65 so they "can have a say in how it's implemented..."
And you wanna talk about crooks?
Every single pilot group gave concessions in order to save the pension/A-plan. When the management at all airlines wanted to take pensions and threatened 1113c as means to do it, ALPA should have called for a strike vote and threatened a nationwide SOS. Some things should have been sacred and A-plans/pension was one of those things.
Instead, ALPA folded like a house of cards and without so much as a whimper. But hey... they did score a big win later and they "took it back" when they agreed to support raising the retirement age to 65 so they "can have a say in how it's implemented..."
And you wanna talk about crooks?
But the bankruptcy system has turned into an ATM for Mgmt.
If some company goes bankrupt, mgmt has failed. They should not be collecting tens of millions each-as they screw employees, creditors, investors, and everyone else who put that money at their disposal.
Incompence and failure should not result in more money than any of us would see in 10 lifetimes
08-12-2018, 05:54 PM
#40
Gets Weekends Off
Joined APC: Apr 2011
Position: retired 767(dl)
Posts: 5,724
Originally Posted by hilltopflyer
Not sure how he is living on 2250 a month. Guessing no mortgage. Then a tiny little house so low electric/gas. Eating crap cheap food at an older age so he can die quicker since 1 mil won’t last very long.
Thread
Thread Starter
Forum
Replies
Last Post
