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Pension takeaway
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<blockquote data-quote="MrFedEx" data-source="post: 1140148" data-attributes="member: 12508"><p>I come down hard on the Ground scam, which is a government gift to Mr. Smith of low wage, subsidized workers. The drivers who work for Ground do so at their own peril...and ignorance. I'm not really seeing how me participating in a 401k program means that I support our FedEx corporate "leaders", whom I despise. Please inform me how a 401k equates with what FedEx has done to Express employees. May I point out that I LOST nearly half the value of my investment in 2008? Like I said earlier, my account was losing in the high 4 figures every month. I am only now just slightly above where I was then, so I didn't exactly make a windfall profit, did I? </p><p></p><p>Like you said, I'm topped-out, and I got almost all 25 years worth of my Traditional Plan, which pales in comparison to a UPS pension. Am I supposed to feel bad about that? Jeez, the main reason I get on here is to fight Smith, fight the Ground scam, and get employees a square deal from a bastard of epic proportions. And now I'm the bad guy. No way.I'm am truly sorry you have been screwed even worse than me by Mr. Smith, but that's on him...not me.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 1140148, member: 12508"] I come down hard on the Ground scam, which is a government gift to Mr. Smith of low wage, subsidized workers. The drivers who work for Ground do so at their own peril...and ignorance. I'm not really seeing how me participating in a 401k program means that I support our FedEx corporate "leaders", whom I despise. Please inform me how a 401k equates with what FedEx has done to Express employees. May I point out that I LOST nearly half the value of my investment in 2008? Like I said earlier, my account was losing in the high 4 figures every month. I am only now just slightly above where I was then, so I didn't exactly make a windfall profit, did I? Like you said, I'm topped-out, and I got almost all 25 years worth of my Traditional Plan, which pales in comparison to a UPS pension. Am I supposed to feel bad about that? Jeez, the main reason I get on here is to fight Smith, fight the Ground scam, and get employees a square deal from a bastard of epic proportions. And now I'm the bad guy. No way.I'm am truly sorry you have been screwed even worse than me by Mr. Smith, but that's on him...not me. [/QUOTE]
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