retirement

Conflict of Interest Rate: PBS Pension Program Funded by Anti-Retirement Billionaire

Conflict of Interest Rate: PBS Pension Program Funded by Anti-Retirement Billionaire
A libertarian-minded billionaire with ties to the pension industry backed a PBS-aired documentary about retirement. Surprise, surprise, the conclusions of the show matched right-wing ideology, claiming strong group and traditional pension models were bad for the individual.
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Retirement Theft in Four Despicable Steps

Retirement Theft in Four Despicable Steps
The fear of running out of money in retirement is America's greatest financial concern. It's a fear greater than death. But the American workers who have paid all their lives for retirement security are being cheated by wealthy individuals and corporations who refuse to meet their tax obligations, and who have found other ways to keep expanding their wealth at the expense of the middle class.

Labor Leaders Cry Foul, Threaten Litigation as Illinois’ Underfunded Pension 'Rescue Plan' Develops

Labor Leaders Cry Foul, Threaten Litigation as Illinois’ Underfunded Pension 'Rescue Plan' Develops
Legislative leaders in Illinois are hoping to push a “rescue plan” that would help the state right its public pension system funding wrongs. Vehemently opposed by labor leaders who have labeled it “catastrophic,” the plan would cut cost-of-living increases for retirees, raise the retirement age for younger employees and set a cap on the pensions of public employees with the highest salaries. The plan would also place most pension plans outside the realm of collective bargaining.
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Career Politician Teams Up With Enron Billionaire to Gut Pensions for Workers

Career Politician Teams Up With Enron Billionaire to Gut Pensions for Workers
It's official. San Jose Mayor Chuck Reed, a career politician with backing from a Texas billionaire and former Enron trader, has filed a ballot measure to strip away retirement security from current teachers, firefighters, sanitation workers and other public servants.
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Matt Taibbi: There Is an Enron Style Conspiracy to Destroy Our Pensions

Matt Taibbi: There Is an Enron Style Conspiracy to Destroy Our Pensions
Rolling Stone's Matt Taibbi joins us in studio to explain how a former Enron commodity trader wants to destroy pension plans across the country, why Rhode Island is at the forefront of pension "reform" policies, why pension "reforms" are passing public funds into the hands of Hedge Funds, why Wall Street and crony capitalism caused the pension crisis, the single biggest scam devised by Wall Street, why if you are in the Hedge Fund business you never lose and why Unions are beginning to recognize the pension scam.
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US Faces Multi-Trillion Dollar Retirement Deficit, Median Savings Account Holds Just $3,000

US Faces Multi-Trillion Dollar Retirement Deficit, Median Savings Account Holds Just $3,000
A new report from the National Institute on Retirement Security concludes that the United States faces a staggering retirement savings deficit. America’s families are between $6.8 trillion and $14 trillion short of recommended retirement savings targets, it says, according to financial services firms.
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Kenneth Quinnell
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Without Michele Bachmann, Who Is The Craziest Member of Congress?

Without Michele Bachmann, Who Is The Craziest Member of Congress?
Cliff Schecter joins Sam Seder to discuss the retirement announcement from Michele Bachmann, her plethora of impending investigations, and who will take her place as the craziest member of Congress.
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Retirement System, Prevailing Wage Threshold Under Attack in Nevada

Retirement System, Prevailing Wage Threshold Under Attack in Nevada
In Nevada, the state GOP is preparing to push a series of bills through the State Assembly that would make drastic changes to public retirement plans and prevailing wage laws.
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‘Fix the Debt’ CEOs Sit on Massive Retirement Funds While Pushing for Cuts

A new report from the Institute for Policy Studies shows that the CEOs who make up the “Fix the Debt” campaign sit on massive retirement funds of their own while calling for the retirement programs that working families rely on to be cut as part of a deficit-reduction package. Furthermore, those same CEOs have been shortchanging pension funds for working families at the corporations they run.
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