1trailmaker

Just now, Momorider said:

It the dept of labour do it the same way the do it now they stil will be, you ignorant know nothing socialist clown 

just checking ONEWAY - I doubt it will make a difference to you since Canada and USA calculated them differently you still have the same statements ( when good for left)

1 hour ago, Momorider said:

Even their fraudulent unemployment number went up to 5%

http://www.foxbusiness.com/markets/2016/10/07/job-growth-slows-clouds-case-for-fed-rate-hike.html

When Trump wins will these figures no longer be fraudulent?

Ben the earth isn't round, its a sphere round is 2 dimensional

sorry

That video did make some points but so much of it was just wrong

7 hours ago, Rigid1 said:

Here's the whole video from both officers cams

 

 

 

great find

I assume momonothing already has his morning post ready to cut and paste about the win for Pence

1 hour ago, Momorider said:

Pence will make Kaine look like the fucking idiot he is

Do you even have an idea about either of these people?  no surprise ONEWAY wantabeamerican

You still know who you are voting for in the 2040 elections?

19 minutes ago, Rigid1 said:

Agreed, that male cop was an ass, the female that approached first seemed to handle the situation well..

Yes she did and that was most likely planned to keep him calm until a Male cops shows up.  Good Cop bad Cop at its best.

To bad the video was edited

2

here is a try at it

1 hour ago, sear said:

I think the tax payer needs protection from too big to fail.

 

 

very true but in this case this isn't a bail out or even close.  GM has had 5 quarters of record profit in a row.  This is more about keeping GM in Canada.  Having the software work done here is a great thing and produces quality office jobs

20 minutes ago, ArcticCrusher said:

It's called an rrsp, and it's done great.  It will still outgrow redemptions even in retirement.  

I would think having both like your better half has, would be far better,  keep slipping you are not fooling anyone lol

53 minutes ago, 02sled said:

He would have a RRSP of his own. That would be his pension

he must have a whole bunch if that was the case, he has slipped a few times in his posts and I think this time was the stopper

57 minutes ago, 02sled said:

Still wrong again Fail... oh so very wrong. Maybe in the elite privileged world of government that is nothing close to the rest of the world that would be the case. Out of my annual salary the company deducted 7% of that salary as MY contribution to the DB pension plan. The company as an employment benefit contributed 4% of my salary to that plan. I would have much rather had the option of putting that 11% of salary into my own investment plan and watching it grow. Don't forget that those company contributions are part of the employee compensation bottom line. Not any different really than the $'s I earned except I can't access it as I choose.

Now in your case you will get a much higher % of income and much better pension than those in the real world could ever dream of and of course you never have to be concerned about your pension plan being underfunded since if it is the government is on the hook for the shortfall and all they need to do is raise taxes and go into debt.

If a private business pension plan is underfunded and the business goes out of business that monthly payment is in jeopardy and could be significantly reduced. Just look at the people who worked for Nortel and the REDUCED pensions they receive.

Actually mine keeps going up to cover shortfalls while employers doesn't but I guess you know more than I do about my pay.  12% is what I pay

41 minutes ago, ArcticCrusher said:

Trail,

My wife has one of the best pensions in the bus, and hers does not even come close to mine.  Keep thinking old school.

oh really,  being a business owner like you claim you wouldn't have a pension.  I think my suspicions were correct.

13 minutes ago, 02sled said:

Poor Fail... I know all about commuted value and most DB pension plans under the regulations of the plan do not allow the commuted value payout unless you leave the company before retirement age. If you quit before 55d you get the EARNED value payout. If you leave at 55 or older you are considered retired and collect the pension $'s monthly. The reason being if some of the employees are able to opt out and collect the commuted value it diminishes the investment pool they rely upon to fund the monthly payments of the DB plan. If they collapse the DB plan and roll the commuted value into a DC plan for everyone that is a different story.

You would lose the bet Fail. I would have much rather received a commuted value from my DB pension plan and invested that money myself but being 55 at the time the regulations of the plan considered me as retired and I didn't have a choice. The only choices I had were

waiting until 65 to collect the maximum monthly value of the pension based on the years of service - age - salary formula

collecting the value of the monthly at a lesser amount for starting to collect it before 65

collecting a lesser value of the monthly pension where when I die my wife collects 60% of the value until she dies

If I die next month that monthly cheque drops 40% and if she dies next year all the money I put in, the earnings on investment just disappears

Hands down, no hesitation I would have much preferred to invest the commuted value especially with the low interest rates used to calculate the commuted value. The lower the prime rate the more money they would have had to give me as a lump sum. Our own RSP investments have performed MUCH better and earned much more than the ROI I could ever see on the DB plan

Ask the IBM employees how happy they are. About 8 or 9 years ago they collapsed the DB plan and rolled the commuted value into a DC plan. At the time the interest rates were extremely low and the commuted values were significantly large. Everyone I have talked to is more than happy with the DC plan and how well their investments are growing.

 

I am going to bet you already have taken out more than you gave and still have many more years to collect, matter of fact I bet you didn't contribute anything and your pension was a part of your wages.  Many places do this type of pension like UPS...

keep talking out of both sides of your mouth

11 minutes ago, 02sled said:

As is so very typical Fail.... fails to understand anything financial. Nobody said that they were paying employees $56K each.  That number is simply representative of what the government spent to pacify GM on a per head count basis. . Pretty steep price to pay for job security for a private business. How about the Fiberals shell out the same kind of money to other businesses in trouble in order to keep them afloat. I'm sure all those other people in other organizations that have lost their jobs would have liked to see the infusion of cash into their employer to keep them their jobs. Especially considering part of the money to GM came from their tax $'s

As for the pensions... welcome to the real world. With a smaller work force over all a DB pension is unsustainable. Apart from that most people with any financial sense would prefer a DC pension plan where when they leave they get a lump sum of cash to invest on their own and will likely be able to do better financially in the long run. As well if they die young the DC pension money doesn't just disappear. It is still their for their heirs.  

look up commuted value buy-outs

I am going to bet you have no problem cashing your lifetime pension monthly

9 minutes ago, ArcticCrusher said:

 

Seriously, I can't stomach watching either one of those useless twits.  Its the pensions that sank GM the last bailout so I understand why GM stood their ground this time around.  I have said this before, there should not be a one size fits all pension strategy, younger guys can take much more risk and should be exposed to higher earning potential investments, and should not be linked or held back by "Joe Blow" who can't stomach a 1% decline and wants all his money in fucking useless bonds.

 

I though it was a fair deal until I read our government bailed them out again.

That was discussed months ago - GM is opening new business in Canada (Ontario)

On 2016-09-27 at 3:00 PM, ArcticCrusher said:

That is the first I heard about it.  So much for Unifor's hard negotiating.  Fucking bullshit.

The article by the globe is very misleading, GM new investments in Canada is not new and was a big deal done before summer started.  You ignore all Trudeau and Wynne doings as they announced this on the news several times,  so no surprise this is the first you heard of it.  the word UNION brought your attention to a peak.

This money is going to be used for expansion being the new software workplace in Markham to St. Catherine's plant and is not paying employees 56k each

By the way Unifor didn't make any union friends with this deal - GM workers (new) no longer have define pension and now have contribution pensions.  But in giving that up GM will hire the 700 temp employees as full time positions.

You should be happy with this because we all know you are against any worker getting ahead.

7 minutes ago, ArcticCrusher said:

 

He is trying to suck you into his vortex.

no just posting what James said on that day

5 minutes ago, motonoggin said:

 

Trail?

Yes?  are you saying that is a screen shot of your phone?  Dude I just looked at his twitter account. 5 tweets

1 minute ago, racer254 said:

I never said hillary started it, but her campaign pushed it way before trump ever did.  

no doubt they thought about it after seeing posts on the Republican site stating he wasn't born here,  but never went through with it.

Either way I found the entire situation dumb and still do

5 minutes ago, motonoggin said:

Umm, better check your facts. 

 

I did, I checked his account and he had 5 tweets on the 16th of September and that wasn't one of them.  Possible that he deleted the tweet but we will never know

He did post this on the 15th

#CNN says #Hillary team in 2008 never raised #Obama's birth in #Kenya. Who is closer to #HRC than #SidBlumenthal, who told me face-to-face.

1 hour ago, racer254 said:

Well, that's what snopes says.  And you consider snopes to be the fact check king.

http://www.snopes.com/hillary-clinton-started-birther-movement/

snopes also says that the rumor started with the Republicans

Hillary Clinton supporters circulated such an e-mail isn't in question, but the claim that that's the moment the birther theory "first emerged" simply isn't true. The likeliest point of origin we've been able to find was a post on conservative message board FreeRepublic.com dated 1 March 2008 (which, according to a report in The Telegraph, was at least a month before Clinton supporters got on the e-mail bandwagon):

Question did Hillary every say Obammy wasn't an American' ?

1 hour ago, motonoggin said:

 

You realize that James never posted that on twitter?