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Drop Out of Your 401k
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<blockquote data-quote="vantexan" data-source="post: 854963" data-attributes="member: 24302"><p>You're missing my point. We collectively have a way to make a point to the power structure. If we set our contributions to 0%, and transfer the money in our accounts to bond funds or money market funds, we dry up a huge source of funding in the stock market. If mutual funds can't buy as much the stock price drops, as does the net worth of those who hold huge amounts of stock. That's where the real wealth lies. I'm not saying do it forever, just until we get something in return. Whether that's better raises, or maybe a much better retirement plan, whatever it takes to get the point across that we matter in their scheme. Dry up those funds for a month, 6 months, or however long it takes. You UPS guys went on strike in '97 for better pay and benefits. UPS came around quickly when the money stopped flowing. I'm not asking for the moon, just a better pay plan and/or retirement plan than I have now. That won't happen unless it's in the company exec's best interest to make it happen.</p></blockquote><p></p>
[QUOTE="vantexan, post: 854963, member: 24302"] You're missing my point. We collectively have a way to make a point to the power structure. If we set our contributions to 0%, and transfer the money in our accounts to bond funds or money market funds, we dry up a huge source of funding in the stock market. If mutual funds can't buy as much the stock price drops, as does the net worth of those who hold huge amounts of stock. That's where the real wealth lies. I'm not saying do it forever, just until we get something in return. Whether that's better raises, or maybe a much better retirement plan, whatever it takes to get the point across that we matter in their scheme. Dry up those funds for a month, 6 months, or however long it takes. You UPS guys went on strike in '97 for better pay and benefits. UPS came around quickly when the money stopped flowing. I'm not asking for the moon, just a better pay plan and/or retirement plan than I have now. That won't happen unless it's in the company exec's best interest to make it happen. [/QUOTE]
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