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
Predatory Capitalism Has Driven Down Wages and Created a Dystopia for Workers.
Whatever the strengths and limitations of Critical Race Theory, the debate over its usefulness to establishment circles is indicative of the American Empire’s rapid decline
German Nazis, Italian Fascists, British, French, Belgian democracies – all are the same, imperialist exploiters .
Legal scholar Francis A. Boyle told Ann Garrison that a “Responsibility-to-Protect” intervention in Ethiopia would be illegal and catastrophic.
“…there are known knowns. There are things we know that we know. There are known unknowns—things we do not know we know…” -- an infamous War Criminal
