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
Southern farm workers joined in solidarity during the great depression.
Canada continues its tradition of interfering in Haiti and subordinating the human rights of its people.
The USAID may appear to give a helping hand all over the world, but there are always very dangerous strings attached.
This week we hear about US relations with Nicaragua, and the introductory webinar for the People’s Senate. But first the effort to provide abortion access in Texas, a state which has banned the…
The Texas Equal Access Fund works to expand access to abortion care while simultaneously shifting culture towards reproductive justice.
