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
There is no coherent and sustained leftist movement at the very moment that U.S. led global fascism is accelerating.
Black Agenda Report Editor and Columnist, Ajamu Baraka, recently gave a presentation at the 4th International Conference “Palestine: The Nation’s Central Cause.”
The US and Israeli war of aggression against Iran continues the ecocide committed against the people of the region.
"Play, Black Girl, play! (For the Oakland Public Conservatory of Music’s girls)" is the latest from BAR's Poet-in-Residence.
It should be clear to Gulf Arab states hosting US bases that the American presence does not protect them but instead places them in danger.
