Reply #21: Sorry Southernleftylady .. I know your fears well. [View All]

[DemoTex]

My airline is in Chapter 11 for the second time in three years. They terminated our pilots pension plan on March 31, 2003 (and the other unionized employees' pensions in 2004). The year that my pension was terminated the then-CEO of US Airways, Dave Siegel, made over $10 million. Bu$h would love to see most of the airlines go belly up. The beneficiaries would be two Texas-based airlines (American and Southwest) and some selected foreign airlines (Virgin Atlantic and BA). By the time oil hits $75/bbl, tens of thousands of airline employees will be on the street.

The PBGC (Pension Benefit Guarantee Corporation), which was $7 billion in the black the day Bill Clinton left office, is now $23 billion in the red. Delta and NWAs' pension obligations will probably bust the PBGC. That is exactly what Bu$hco wants. Will Social Security be there for us? Don't count on it. Bu$hco truly wants a stake in the heart of the middle class.

I listed our downtown condo in Greenville, SC, yesterday. Today I'm putting my beloved mountain house on the market. We will buy a smaller house in Greenville for cash .. no more mortgages.

It is not a happy time. I never thought I would live to see the total collapse of the American dream. That collapse is well under way now. When the people realize it, they will be in the streets with torches and pitchforks. Those who have stolen our dreams to wage their illegal wars will be held accountable. That is what keeps me going.