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
The Sudanese army and the paramilitary Rapid Support Forces have begun fighting each other. The root of the conflict lies in disagreements over integrating the paramilitary into the army. The…
Israel's efforts to influence African nations is opposed by individuals and nations who are committed to Palestinian solidarity.
U.S. sabotage of the Nord Stream pipelines, Black maternal health, and background of the proxy war in Ukraine.
Margaret Kimberley was a guest on a recent segment of Sputnik’s program, The Critical Hour.
Black Maternal Health week is April 11 through April 17.
