Bush, LoBiondo Hurt Workers

Thanks to the Bush administration, and with the help of U.S. Rep. Frank LoBiondo, R-2nd, the new bankruptcy law allows big American corporations filing under Chapter 11 to renegotiate their union contracts and, worst of all, to dump their pension obligations. There is no safety net for the average American working family. By the way, the Pension Benefit Guarantee Corp. mandated by Congress is running its own deficit of $23.3 billion and counting.One thing is obvious: LoBiondo and the Bush administration don't have the best interest of American families in their hearts. They can talk family values all they want, but their actions speak volumes. The Bush administration wants to do away with defined pension plans as we know them. LoBiondo and this administration want American families making the federal minimum wage of $5.15 per hour to join 401(k) plans.It's shameful that the AFL-CIO endorsed LoBiondo for Congress for our district.

HIPOLITO LAGARES

Vineland

Letter published in Press of Atlantic City, March 17, 2006