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December 19, 2014
Truthdig: Drilling Beneath the Headlines
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Tag: Pension Funds


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A Multi-Billion Dollar Secret

If you are a public school teacher in Kentucky, the state has a message for you: You have no right to know the details of the investments being made with your retirement savings.

Posted on Dec 5, 2014 READ MORE



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Is Corruption a Constitutional Right?

Last week, the GOP filed a federal lawsuit aimed at overturning the pay-to-play law that bars governors from raising campaign money from Wall Street executives who manage their states’ pension funds.

Posted on Aug 15, 2014 READ MORE



The Insider’s Economic Dictionary: P Is for Ponzi

Parasitism: In biology, parasites develop a strategy of gaining control of the host’s brain in order to obtain nourishment by masquerading as its natural progeny or as a part of its body. For economies, the brain in question is the government.

Posted on Apr 13, 2014 READ MORE


The Plot Against Pensions

As state legislatures prepare for their upcoming sessions, you will no doubt hear a lot about public pensions.

Posted on Oct 10, 2013 READ MORE



Corporate Wolf Eats Grandmother Alive

Ellen E. Schultz’s “Retirement Heist: How Companies Plunder and Profit From the Nest Eggs of American Workers” reveals how fleecing the elderly is just business as usual for corporations. If the retirement industry isn’t reined in, she concludes, we’ll be right back where we were in the 1930s.

Posted on Dec 2, 2011 READ MORE


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