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Old 09-20-2017, 06:48 PM
 
Location: the very edge of the continent
88,579 posts, read 44,302,488 times
Reputation: 13521

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Quote:
Originally Posted by pknopp View Post
It was not. It was a set figure based upon years of service whether the company did well in the markets or not.
How do you think the pension fund acquired the necessary gains to pay your pension? They got some of the trillions in QE, just like Wall Streeters. You're just as guilty as a Wall Streeter.
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Old 09-20-2017, 06:49 PM
 
79,902 posts, read 43,896,766 times
Reputation: 17184
Quote:
Originally Posted by t206 View Post
You are allowed to say no and admit your logic is incredibly faulty.
It is not. Unless it's money under the mattress it applies.
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Old 09-20-2017, 06:50 PM
 
12,772 posts, read 7,927,598 times
Reputation: 4332
Quote:
Originally Posted by pknopp View Post
It is not. Unless it's money under the mattress it applies.
So anyone with profits from investing has stolen money?
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Old 09-20-2017, 06:50 PM
 
79,902 posts, read 43,896,766 times
Reputation: 17184
Quote:
Originally Posted by Frank DeForrest View Post
When did I steal?
When you argue against me getting some of the money back that was stolen from me.
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Old 09-20-2017, 06:52 PM
 
79,902 posts, read 43,896,766 times
Reputation: 17184
Quote:
Originally Posted by InformedConsent View Post
How do you think the pension fund acquired the necessary gains to pay your pension? They got some of the trillions in QE, just like Wall Streeters. You're just as guilty as a Wall Streeter.
It's not my problem how they get it. It's owed to me either way. $30 valuation or $75, they owe me the same.
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Old 09-20-2017, 06:53 PM
 
Location: the very edge of the continent
88,579 posts, read 44,302,488 times
Reputation: 13521
Quote:
Originally Posted by t206 View Post
You are allowed to say no and admit your logic is incredibly faulty.
Indeed, it is incredibly faulty. For example, the complicity in taking pension checks while deriding the source of the pension fund gains that enable those checks to be written and cashed.

Not really their fault, though. Most people fail to understand the connection. It's financial illiteracy.
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Old 09-20-2017, 06:53 PM
 
79,902 posts, read 43,896,766 times
Reputation: 17184
Quote:
Originally Posted by t206 View Post
So anyone with profits from investing has stolen money?
If it's invested in the markets, yes.
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Old 09-20-2017, 06:54 PM
Status: "Ephesians 6:12" (set 18 days ago)
 
45,002 posts, read 26,159,906 times
Reputation: 24749
Quote:
Originally Posted by pknopp View Post
When you argue against me getting some of the money back that was stolen from me.
I didn't take your money,neither did wall street, try again.
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Old 09-20-2017, 06:55 PM
 
Location: the very edge of the continent
88,579 posts, read 44,302,488 times
Reputation: 13521
Quote:
Originally Posted by t206 View Post
So anyone with profits from investing has stolen money?
That seems to be the assertion. Yet that poster won't admit that they, themself, has stolen by collecting a pension.
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Old 09-20-2017, 06:57 PM
 
Location: the very edge of the continent
88,579 posts, read 44,302,488 times
Reputation: 13521
Quote:
Originally Posted by pknopp View Post
It's not my problem how they get it. It's owed to me either way. $30 valuation or $75, they owe me the same.
It is when payment is made possible by QE. That means you're stealing, too.
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