For Chuck Starcher, a mechanic at Delta airlines, the bad news came in a letter, estimating just how much the airline plans to cut his pension every month: right off the top, the company is slashing $1,100.
As CBS News Correspondent Wyatt Andrews reports, he's not happy, because Delta is cutting the pensions of workers while guaranteeing full pensions for top executives. A year and a half ago, Delta quietly committed $65 million for executive pensions, including one for CEO Leo Mullin. The benefit is called an executive trust; Starcher calls it a raid.
"Where's he getting the cash to put into that pension plan he's going to have guaranteed?" asks Starcher. "It's definitely coming from us."
"They knew they were doing something sneaky," says Starcher's wife, Julie.
She's a flight attendant at American Airlines, where executive trusts led to the business embarrassment of the year.
http://www.cbsnews.com/stories/2003/07/17/eveningnews/ends/main563771.shtmlThere is truth and there is fundamental evil corruption of the soul. The truth is Bush/GOP/American Media/Christian Coalition are more than an embarrassment to America. They are truely the source of hatred, greed, lies, evil... in America. It is so obvious the American media is part of their Satanic bowels but only a few have a heart pure enough to stand up to them. Where is our leader? The only men who stood up are Dean, Wellstone, MLK, RFK, JFK.
I think Bush had Wellstone assassinated.
http://www.alternet.org/story.html?StoryID=14399http://www.geocities.com/darkerxdarker