US Department of Labor sues former CEO of Charlotte, NC, Web
development company to restore more than $100,000 to 401(k) plan
CHARLOTTE, N.C. – The U.S. Department of Labor is suing Garrison Enterprises’ former chief executive officer and chairman of the board, Cameron Garrison, to restore $103,481.37 to the Web development company’s 401(k) pension plan. The lawsuit follows an investigation by the department’s Employee Benefits Security Administration that found employees’ contributions to the 401(k) plan had been commingled with the general assets of the company, a violation of the Employee Retirement Income Security Act.
“Employees contribute to their retirement plans with the expectation that the funds will be there when needed,” said Isabel Colon, director of EBSA’s regional office in Atlanta. “The Labor Department will not tolerate the diversion of these funds for other uses.”
“In the spirit of American tolerance of religious diversity, A&E should reinstate Mr. Robertson and apologize for its religious bigotry,” quote from the Liberty Institute.
Personally, I stand united with loving each individual as the God given gift they are. This includes loving those who’ve chosen a path different than mine, but they should allow me the right to work and live free to share my faith. If you’ve ever felt like you can’t speak up for your faith, or you’ve been shamed into being silent, you’ve been silenced by the PC crowd. It’s not hate speech to say you don’t believe in some behavior. Why do 1.2-5.6% of our society dictate so much to the remaining 97% of us, see chart below on the numbers.
This is a great article about a company whose existence reflects their faith, I’ve read their books and heard them speak. These are regular Americans, like the rest of us, and I love the message of faith they’ve brought into our home. Business owners, like Phil, have built their companies on the rules God gave us, it’s obvious to many who use those rules to build a business.
Business leaders have come under attack in the last decade like never before. Perhaps deserved in some regards, but the bullying of leadership that expresses an opinion is unamerican.
Phil Robertson spoke his firmly held beliefs and A&E chose to terminate his show. They ended his livelihood because individuals disagreed with his point of view.
Wishing all of you a very Merry Christmas and Happy New Year. If you’re not celebrating Christmas, I’m happy to learn more about how you’ll be celebrating the season. But for me and mine, we’re celebrating Christmas and likely to watch Duck Dynasty.
Old “Blogger posts” have been consolidated into this one posting location.
Over time I have posted blog pages, written articles, spoken on TV or been interviewed about employee benefits, healthcare, retirement and topics like that. I’ve not been consistent where these things have been located.
If you know of posts I should retrieve, please let me know.