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 Haitian people have been targeted by more powerful nations ever since they dared to secure their freedom two hundred years ago.
Events in Ukraine have not stopped the US drive for domination.
This issue of Black Agenda Report gives special attention to events in Ukraine.
White supremacy is at the heart of US war propaganda. The exhortation to "stand with Ukraine" is no exception to this rule.
As the European-initiated World War I raged, W. E. B. DuBois reminded us about the destructive nature of the “culture of white folk.” It is a reminder sorely needed today.
