Detroit’s conservative utopia

Lobbyists Come For Your Retirement Money

Kentucky’s Pension ‘Reform’ Cuts Benefits, But Makes Funding Problems Worse

Kentucky’s Pension ‘Reform’ Cuts Benefits, But Makes Funding Problems Worse: Kentucky is currently considering overhauling its pension system. Sadly, the bill that recently passed the state senate — and will soon be discussed by the state assembly — cuts benefits for workers, but doesn’t shore up the system’s funding. The bill would abolish traditional pensions for new public sector workers while cutting cost of living [...]/p

Fix The Debt CEOs Shorting Their Employees' Retirement Funds

Fix The Debt CEOs Shorting Their Employees' Retirement Funds
"No wonder conservatives hate public education. It makes it so damn easy to see what they're up to when you know how to do simple arithmetic. Imagine having the audacity to say Social Security is too generous when you're pillaging your own employee pension fund. They're pretty consistent that way! With Pete Peterson behind them, all they have to do is show up and say their lines, and in exchange, Peterson will fund ALEC's legislative wish list. Corporate synergy!"