Showing posts with label Pensions. Show all posts
Showing posts with label Pensions. Show all posts
6/23/15
12/19/14
1/6/14
Retirement Theft in 4 Despicable Steps
www.alternet.org/economy/retirement-theft-4-despicable-steps
"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."
"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."
11/20/13
CEOs With Massive Retirement Fortunes Push Social Security Cuts | The Nation
CEOs With Massive Retirement Fortunes Push Social Security Cuts | The Nation
"These CEOs aren’t just trying to short the average American retiree; they’re throwing their own under the bus. While raising alarm about the federal debt, Business Roundtable CEOs have run up massive deficits in their employees’ pension funds."
"These CEOs aren’t just trying to short the average American retiree; they’re throwing their own under the bus. While raising alarm about the federal debt, Business Roundtable CEOs have run up massive deficits in their employees’ pension funds."
11/19/13
CEOs with Platinum Plated Pensions Want to Raise Social Security Eligibility to 70
CEOs with Platinum Plated Pensions Want to Raise Social Security Eligibility to 70
"According to a new report, CEOs at the forefront of the drive to “fix the debt” by slashing Social Security and Medicare, possess personal retirement funds worth an average of $14.5 million, and three have retirement nest eggs worth more than $100 million. The average Social Security check is $1,308 per month."
"According to a new report, CEOs at the forefront of the drive to “fix the debt” by slashing Social Security and Medicare, possess personal retirement funds worth an average of $14.5 million, and three have retirement nest eggs worth more than $100 million. The average Social Security check is $1,308 per month."
8/14/13
Pension Advance Companies Are Another Scam To Steal Our Future
Pension Advance Companies Are Another Scam To Steal Our Future
"Aggressive marketers are targeting seniors' pensions for their next effort to strip away what little they might have in the way of assets. As if it weren't bad enough that conservatives have found ways to destroy pensions during the working years, now their Wall Street pals are working hard to steal your pension payments after they begin."
"Aggressive marketers are targeting seniors' pensions for their next effort to strip away what little they might have in the way of assets. As if it weren't bad enough that conservatives have found ways to destroy pensions during the working years, now their Wall Street pals are working hard to steal your pension payments after they begin."
8/5/13
The Great American Do-It-Yourself Retirement Fraud, Brought to You By Big Finance & Co. | Alternet
The Great American Do-It-Yourself Retirement Fraud, Brought to You By Big Finance & Co. | Alternet
"The United States is on the verge of a retirement crisis. For the first time in living memory, it seems likely that living standards for those over the age of 65 will begin to decline as compared to those who came before them—and that’s without taking into account the possibility that Social Security benefits will be cut at some point in the future.
"The United States is on the verge of a retirement crisis. For the first time in living memory, it seems likely that living standards for those over the age of 65 will begin to decline as compared to those who came before them—and that’s without taking into account the possibility that Social Security benefits will be cut at some point in the future.
The culprit? That same thing Mathisen celebrated: the 401(k), along with the other instruments of do-it-yourself retirement. Not only did they not make us millionaires as self-appointed pundits like Mathisen promised, they left very many of us with very little at all."
7/31/13
Bombshell: Plutocrats Brazenly Collude to Hurt State Economies and Screw Working People | Alternet
Bombshell: Plutocrats Brazenly Collude to Hurt State Economies and Screw Working People | Alternet
"Illinois fatcats discuss plan to sabotage state bond ratings in scheme to destroy pensions."
"Illinois fatcats discuss plan to sabotage state bond ratings in scheme to destroy pensions."
7/26/13
Rick Snyder Gives Congressional Republicans A Road Map To Killing Your Retirement
www.politicususa.com/2013/07/26/rick-snyder-congressional-republicans-road-map-killing-retirement.html
"If any American has any doubts about what Republicans have planned for Social Security, or retirees expecting promised pension and health benefits they paid into throughout their working lives, take a long, hard look at what Rick Snyder and turnaround specialist Kevyn Orr intend doing to pensioners in Detroit because it foreshadows Republicans in Congress intent for Social Security."
"If any American has any doubts about what Republicans have planned for Social Security, or retirees expecting promised pension and health benefits they paid into throughout their working lives, take a long, hard look at what Rick Snyder and turnaround specialist Kevyn Orr intend doing to pensioners in Detroit because it foreshadows Republicans in Congress intent for Social Security."
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