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
Samah Sisay is a staff attorney at the Center for Constitutional Rights.
Cop City is an effort to ensure that state violence will bring the most draconian methods to bear against Black people. State violence is also being used proactively, in an effort to end opposition…
Remembering the anti-imperialist and Pan-Africanist politics of the late Ghanaian writer, Ama Ata Aidoo.
Many Somalis think that the United Arab Emirates is now as much or more in charge in Somalia than the Somali government.
Another June 1
