Anonymous asked
Do you think BP should be able to pay out dividends? What about the pensioners in the UK? I know my father stands to loose thousands of pounds because of the lost dividends and he had nothing to do with the spill! If BP can afford to pay dividends and claims, why shouldn't it be able to do both?
well, here’s where I upset someone. I think pensions are bullsh*t. Pensions are what put GM in such financial trouble and it’s mostly thanks to overzealous union bosses. Unions are good, but unions as a monopoly are doing the opposite of their goal. Plus, a pension ioften discourages added savings for retirement.
That being said, I think pensions are more deserved than dividends in the midst of this crisis.
