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
Dismantling the unelected and colonialist CORE Group is the first step to loosening the imperialist stranglehold over Haiti.
African nations might have produced a patent free vaccine that would have benefitted the whole world.
Deputies in California’s Antelope Valley are disproportionately citing Black teens for minor infractions that lead to criminal records and incarceration.
Systemic racism is built into Canada’s prison system, but federal parties have little to offer incarcerated Black Canadians and their families.
This article first appeared in The Guardian.
