For most of the 20th century, until the 1980s, each generation of retirees had a somewhat higher standard of living than the last. With the Reagan era advent of federal policies encouraging private employers to raid and discontinue defined benefit pensions, that trend stopped. The current generation of retirees are discovering that their 401Ks are almost never sufficient to allow a dignified retirement. They've been robbed. 401Ks are subject to the stock market, which favors insiders, and financial managers and the retirement-industrial complex extract as much as a quarter of all 401K savings in parasitic fees. In this Against the Grain interview James Russell explains why Wall Street loves privatized and individual retirement accounts, and hates defined beneift pensions and social security,
listen
http://www.againstthegrain.org/files/files/atg/atg_2014.11.12_401ks.mp3
Book Forum Editor, Roberto Sirvent, interviews Onyesonwu Chatoyer about her political organizing and work as a writer and editor.
New York Democrats are fueling the panic over a fictional crime wave to increase surveillance and police presence in NYC.
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Palestinian people and African/Black people share more than a common struggle. They share a history dating back thousands of years.
The Black Alliance for Peace lays out the reality of the ongoing crisis in Haiti, rejecting the mainstream narrative of a crisis of "gangs".
