Tag Archive | "Pensions"

Wisconsin Pesky Facts–Pension System: Sound, Well-Managed

   I don’t write this to convince the people who are intentionally lying or have some ideological end-game here (as in, destroy unions and the middle class). I write this for those people who are still living on the planet Earth of reality. So, here it is: Wisconsin has a great, financially-sound public pension system. […]

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Some Facts–Wall Street Fools Hurt Public Pensions: Duh

    We have a real problem in the debate about pensions that is very closely connected to the financial implosion we’re still trying to dig our way out of: the criminals and fools on Wall Street are hiding and avoiding prosecution, or at the very least, they are managing to keep their jobs despite their […]

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A Wisconsin Bottom Line: What We Are Fighting For

  I think the hardest part of being immersed in a battle–even one that is energizing and inspiring–is to see where we stand in the overall war (with apologies to those who don’t like the military imagery). No doubt, the people in Wisconsin–and hundreds of thousands of supporters nationwide–have given the anti-union forces something to […]

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The Lies About Pensions: Shortfalls and Solutions

   You’ve heard (and, in some cases, unfortunately, been persuaded) that "generous" pensions given to public employees has caused great deficits in pensions and state budgets. It’s nonsense. And here are the facts to prove it.    The Center for Economic and Policy Research has a very important study out. It must be given wide […]

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“The Soviet Union” V. “The Marketplace”: False Choices

Yes, to get back to some sane, healthy economic strategy we have to confront the Wall Street/Robert Rubins of the world, the corruption of the electoral system and a whole set of adversaries. But, I would put at the top of the list the false framing of the choices before us as a nation, and […]

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NYTimes Fuels War Against The Middle Class

When you cut through the chase about the economic debate of the future, it really boils down to this: What is the standard we should use in setting the  standard for a decent living? Apparently, The New York Times has decided: don’t count on decent pensions, don’t count on health care, and forget decent wages. […]

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Kill Pensions For Regular People But Let The Rich Slide

  Each day brings a stupefying new chapter in the class warfare underway in America. Today, it’s the unfathomable idea that regular people who had worked their entire lives serving the public should now be effectively cast out into the cold, their pensions ripped up. But, what we need to connect is this: there is […]

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The Era Of The Hired-Gun Poodle-For-The Rich Governor

   My state is on the verge of a mass execution. It’s an execution that will be carried out by a Democratic governor on behalf of the richest people in the state. It will be applauded by the traditional press, which will, in its collective willingness to ignore facts, bless the execution as the path […]

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Pension Cuts Rumbling Gets Louder

   This is an example of what we will see in louder tones in the coming year (this in today’s Wall St. Journal): Cities across the nation are raising property taxes, largely citing rising pension and health-care costs for their employees and retirees. In Pennsylvania, the township of Upper Moreland is bumping up property taxes […]

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The Selfish Rich Are Killing Retired People

   We have a huge crisis in the country. The private pension system is collapsing. The public pension system is on the brink of collapse, and people are being pitted one against the other. But, what we often fail to do is connect the dots: between the collapse of the public pensions system and the […]

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