Why no 1114 decision, months after hearing?

[MCI transplant]

It's far more likely that items on the docket involving unsecured creditors and contracts/issues which survive the reorganization are taking a higher priority. Those all need to be resolved before the merger.

Retirees? To be blunt, they aren't that significant to the process.

But it's also a little less cut & dry of a decision, thanks in large part to Obamacare.

Why continue to subsidize retirees if they can get access to healthcare at "affordable" rates thanks to the government's takeover assistance?

Obamacare also removes the tax advantages provided to companies to provide prescription drug plans for retirees, and many major companies are considering dropping that coverage, not just airlines in bankruptcy. One estimate has S&P 500 companies facing a $4.5B hit because of this. AT&T alone says it will cost them an additional $1B to maintain prescription coverage for retirees.

Moral issues aside, if a solvent company like 3M or AT&T can jettison retiree coverage, there's no legal justification for requiring an insolvent one to do so.

I know, Bob would rather blame a crooked judge than the Administration he voted for, or the Representatives and Senators who jammed this bill thru in 2010 without even reading it first, let alone understanding all of the implications of poorly thought-out legislation.

But this is a perfect definition of "unintended consequences"... I think we may have even had this discussion back in 2010, long before the bankruptcy filing.

I believe this may be just part of that "train wreack" called "obamacare" that we'll all have to go through!------ Or is it the part where " We have to pass it to find out what's in it!" -------- HOW THE HELL DID THIS COUNTRY GET THIS SCREWED UP!!!?

 

[Ed Norton]

I believe this may be just part of that "train wreack" called "obamacare" that we'll all have to go through!------ Or is it the part where " We have to pass it to find out what's in it!" -------- HOW THE HELL DID THIS COUNTRY GET THIS SCREWED UP!!!?

How? Because YOU and I have allowed it. We keep re electing the same crooked politicians. We see Democrats and Republicans as the only choice and we pick a side. We identify with our side, and when "our guy" (yeah right...} gets elected we make excuses for all his shenanigans...."they all do it"....."Bush did it too".... "Clinton was worse." We allow ourselves to be opiated with "bread and circus," or as the Romans put it: "Panem et Circenses." Sports, religion (fake go along to get along preachers), entertainment and gossip preoccupy our minds. Throw in some knee jerk hot button issues like gay marriage, abortion and gun control and the distraction is complete.

 

[Rogallo]

You nailed it!

 

[MCI transplant]

How? Because YOU and I have allowed it. We keep re electing the same crooked politicians. We see Democrats and Republicans as the only choice and we pick a side. We identify with our side, and when "our guy" (yeah right...} gets elected we make excuses for all his shenanigans...."they all do it"....."Bush did it too".... "Clinton was worse." We allow ourselves to be opiated with "bread and circus," or as the Romans put it: "Panem et Circenses." Sports, religion (fake go along to get along preachers), entertainment and gossip preoccupy our minds. Throw in some knee jerk hot button issues like gay marriage, abortion and gun control and the distraction is complete.

Ed, we haven't seen eye to eye on a lot of things, but on this, we agree 100%!!!!

 

[Ed Norton]

Ed, we haven't seen eye to eye on a lot of things, but on this, we agree 100%!!!!

Hey, a broken clock is right twice a day. Right? LOL!

 

[enough already]

AA, US Airways merger gets judge's approval. What about the prefunding?

http://www.tulsaworld.com/article.aspx/AA_US_Airways_merger_gets_judges_approval/20130511_46_E1_Thejud258055

 

[Realityck]

Neither one of you know what you’re talking about. Instead of speculating, why don’t you post some hard documentation rather than your lies and unfounded speculation.

No Union Representative on the Retiree Committee has suggested to either AA or the Judge to use the active employees company match to fund the retirees future medical coverage. Nor have the Supplemental Assets which are in a VEBA Trust, fully funded by plan participants with no AA contributions, and must be used only for the benefit of the participants, been distributed. In case you don’t know it, the Supplemental Insurance Plan continues thru 2013.

If you have any documentation to the contrary, share it with us. I know you can’t because it doesn’t exist.

 

[Realityck]

Then they can rip them off like they did to all the folks that opted in for the Supplemental Medical Plan they were selling, AA walked away with around $70 million on that deal. Seems AA is better at making money selling bogus insurance to their employees than they are at making money flying .

Sorry about my typo.


Neither one of you know what you’re talking about. Instead of speculating, why don’t you post some hard documentation rather than your lies and unfounded speculation.


No Union Representative on the Retiree Committee has suggested to either AA or the Judge to use the active employees company match to fund the retirees future medical coverage. Nor have the Supplemental Assets which are in a VEBA Trust, fully funded by plan participants with no AA contributions, and must be used only for the benefit of the participants, been distributed. In case you don’t know it, the Supplemental Insurance Plan continues thru 2013.

If you have any documentation to the contrary, share it with us. I know you can’t because it doesn’t exist.

 

[iluvaa]

Reality your a dumbass did you know that

 

[Ken MacTiernan]

"No Union Representative on the Retiree Committee has suggested to either AA or the Judge to use the active employees company match to fund the retirees future medical coverage."

realityck,

Isn't bobby "lower your expectations" gless on the retiree committee? I believe the twu will do what benefits the twu over the membership.

 

[Realityck]

Reality your a dumbass did you know that

If your literary skills match the level of your intelligence, you have my deepest sympathy.

 

[iluvaa]

Probably a poor choice of words I agree, but I'm just tired of dealing with weak men that want to live on there knees

 

[MCI transplant]

Probably a poor choice of words I agree, but I'm just tired of dealing with weak men that want to live on there knees

If that's the case, I suggest you retire!!!

 

[Realityck]

Probably a poor choice of words I agree, but I'm just tired of dealing with weak men that want to live on there knees

"No Union Representative on the Retiree Committee has suggested to either AA or the Judge to use the active employees company match to fund the retirees future medical coverage. Nor have the Supplemental Assets which are in a VEBA Trust, fully funded by plan participants with no AA contributions, and must be used only for the benefit of the participants, been distributed. In case you don’t know it, the Supplemental Insurance Plan continues thru 2013.

If you have any documentation to the contrary, share it with us. I know you can’t because it doesn’t exist"


I made a statement and rather than respond by posting proof that my statement wasn't true, all you can do is attack me personally . You don't know me but your actions tell me all I need to know abut you.

 

[Rogallo]

Oh, we know you. What's your favorite Kool-aid flavor?