samhill wrote:Just got back Smokey, I talked to three of my old classmates that retired from GM & so far their pensions haven`t been touched. One was in management & the other two hourly.
Ask your classmates if their pension was completely composed of GM common stock. I can tell you in advance the answer will be "No". If it was you would have been hearing from them how they lost everything. Its up to each employer how it pays into an employee's pension account. In my brother's case - the dealership he worked for paid into his pension with GM stock. You friends were luckier than my bother.
BTW I figured out how I got the influx wrong when I said that under Obama more were coming in than under Bush. I was reading about California and since the AZ law went into effect many illegals left AZ for CALIF which declared itself a sanctuary state (at least several major cities). This caused a higher # of illegals moving into CALIF while there was a mass exodus of whites from CALIF.
Furthermore because of the economy a much higher proportion of illegals moved to CALIF starting in 2008 and 2009 due to CALIF having such a generous welfare system.
My bad - the overall number coming in to US overall did decrease due to the economy and then even more so due to AZ law.
I confused this with the increase into CALIF since late 2008-09