Wracked with Guilt......

I was wracked with guilt when I realized that my (and your) pension was sending the country into bankruptcy and causing all manner of grief to the millionaires and billionaires who are valiantly trying to save us all by stripping teachers, firefighters, and cops of their pensions and bargaining rights. Thankfully, Matt Taibbi and David Sirota have put my mind at ease. If you are up at night feeling guilty because of your unbridled greed, read on........... but better have your blood pressure meds handy. And if Matt Taibbi's article doesn't piss you off royally, you deserve what you're getting...... be sure to smile as you bend over......

From Diane Ravitch
http://dianeravitch.net/2014/04/15/matt-taibbi-why-is-your-pension-in-jeopardy/

We hear the same refrain across the nation: public sector pensions are destroying our economy. The modest pensions paid to teachers, police officers, firefighters, and social workers are a threat to our future.

Matt Taibbi examined these claims in this article in Rolling Stone. Read it and weep or rage or get active to stop the zillionaire's from looting the hard-earned pensions of public sector employees.

Read David Sirota's report "The Plot Against Pensions."

Read David Sirota's exposé of the PBS deal to take $3.5 million from Arnold for a series about the "pension crisis."

Read about PBS' decision to return Arnold's money.

Read about David Sirota's discovery that the Arnold Foundation underwrote a Brookings report on public pensions.

The puzzle: why would a multi-billionaire devote so much effort to stripping people of modest pensions that they earned for working 25-30 or more years? What is it that he finds so troubling about a man or woman receiving $40,000, 50,000, or 60,000 a year in retirement? Would he prefer penury for pensioners?

dianeravitch | April 15, 2014 at 9:00 am | Categories: Pensions | URL: http://wp.me/p2odLa-7pf