Health Care

Is our freedom being taken away with out our say?

U.S. executive pensions rose in '08 even as stocks fell

Mon Nov 2,
NEW YORK (Reuters) – Pensions for top U.S. executive rose by an average of 19 percent last year, and more than 200 officers saw their retirement savings surge by as much as 50 percent, even as their companies stock prices fell, the Wall Street Journal reported on Monday.

Pensions rose as a result of generous formulas and some little-scrutinized techniques, such as changes in age or interest rates used in calculations, the paper said, citing an analysis of filings from 340 Standard & Poor's 500 companies.

And with the public outraged over lavish pay and big bonuses, the Journal on its website said pensions rose even as stock prices dropped by an average of 37 percent last year. Yet supplemental executive retirement plans, or SERPs, are mostly overlooked.

The chief executive of Merck & Co (MRK.N) saw his pension benefit rise by nearly $10 million to $21.7 million last year. Certain incentive payments for ConocoPhillips (COP.N) CEO Jim Mulva boosted bis pension by $9.5 million to $68.2 million, the paper said.

The top executives at General Electric (GE.N) saw the amounts they were due from pensions rise by 13 percent to $140.7 million, the Journal said.

(Reporting by Joseph A. Giannone; Editing by Anshuman Daga)

Are we raising a generation of would-be killers

Are we raising a generation of would-be killers: and a me generation?

Do you think that this Country is great, and would you tell a senior citizen go and die so you could have free medical, or are you an American and want to keep America for all, or are you like some one in this video, if you are then Sarah Palin is right about death to GRANDMA and the SICK.

Barack Obama wall of shame

Here is a wall of shame for Barack Obama
Click picture for enlargements. Please note that this website is non-partisan and pictures here are only to highlight violations of the Flag Code, as they are found posted by responsible news outlets.

January 19, 2009, Baltimore, MD. Flags overprinted with the new President's image and name are distributed to celebrate his inauguration. Section 8g of the Flag Code reads, "The flag should never have placed upon it, nor on any part of it, nor attached to it any mark, insignia, letter, word, figure, design, picture, or drawing of any nature." Photo credit: Baltimore Sun

Blending Bills

Tighten your belt and hide your wallet, and shut up or just leave.

More on Fox

When are people going to under stand that we are at war in this country within?

Warning: The Health Care Bill Could Bankrupt Your State

Your Government working for you, if you believe that then you are blind & def.