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 British crown and the colonists were both determined to seize lands from native peoples and to continue enslavement.”
The New Cold War is a tech war, a propaganda war, an economic war, and a war to maintain US political and economic supremacy.
The terms of the McCarran Act strategy offer a wide catchment that has the potential to ensnare any progressive or radical movement.
Aaron Maté tells Ann Garrison that US media helps the OPCW cover up its cover-up for the US, UK, and France.
“History repeats itself, first as tragedy, second as farce.” —Karl Marx
