National Health? Socialized pension funds? State-controlled television? Search and seizure laws? Forfeiture laws? If we're not living in the Soviet Union of the United States we certainly have returned to 1776 and 'taxation without representation.'
The way to balance the budget is for Congress to cut Social Security, move the retirement age to 70, cut defense, Medicare and veterans pensions, while the states cut almost everything else. It would be tough but we could do it.
No cuts to health , no cuts to education, no cuts to pensions.
Pension reform can be hard to talk about. In the long run, reform now means fewer demands for layoffs and less draconian measures in the future. It's in the best interest of all Californians to fix this system now.
The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle. It's convenient for a bunch of pension fund consultants to get fees prattling about and a way for one advisor to distinguish himself from another. But, to me, all intelligent investing is value investing.
In some cases, managers and employees have secured pensions beyond their original base salary. It is wrong, the people doing it know it's wrong, and we have to put an end to it.
The do-it-yourself version of pensions is a flop, as many Americans have painfully learned.
To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments - whoever was ripped off is entitled to get their money back.
When you look at the things people are really fed up with, like the collapse of the pension system, like the failure to get money to the frontline of the health service, Gordon Brown is more responsible for that than any other politician including Tony Blair
My father died when I was two years old. But my mother was quite capable. She raised three children with his war pension which was peanuts. Yet we did not want for anything. We grew up with a certain parsimony, which is a nice thing. Then if life gives you more good, otherwise you get used to. I'm still thrifty.
For the author there is nothing but his pen, till that and life are worn to the stump: and then, with good fortune, perhaps on his death-bed he receives a pension and equals, it may be, for a few months, the income of a retired butler!
I took a hasty trip to Germany, Sweden, Denmark, the Netherlands, and England to talk to the officials of each Government about their pension provisions, and to talk to the responsible ministers in each country about the political "whys" of their legislation.
You start a project as a young person and then at the end you are another person. You are ready to go for your pension.
Faced with such insecurity, labor unions seek a solution in demands for higher wages, shorter hours, pensions, and such things. But this approach takes monopolistic capitalism for granted, and accepts the unnatural division between property and responsibility as permanent. A much more radical solution is apt to come, and this may take either of two forms.
Live long enough and you'll come into pensions, a lovely thing. Presents every month from people you didn't know cared.
When I had a few francs, I spent them at a café on the Place de Longchamps, a block or so from my pension, where I could order a glass of Beaujolais and a plate of string beans in vinaigrette for the equivalent of fifteen cents.
Aside from the poor example it sets, the federal government enables reckless spending on public-employee pensions by offering hope of assistance from Washington if things get bad enough.
To stabilize the nations public-employee pension systems and to prevent federal taxpayers from being billed for failed pension funds, I have introduced the Public Employee Pension Transparency Act in Congress.
Consumer groups fought hard to provide investor protections for special entities such as pension funds, schools, and municipalities who purchase swaps. No comparable protection exists in the futures market.
At some point in your life you have to engage with the fact that you are part of a society. Yeah the individual is the most important facet in society but unless every individual is the recipient of free health care, free education decent affordable housing and a proper pension then only the rich and powerful will be individuals and the rest of us will be exploited by them.
What are the characteristics of today's world so that one may recognize it by them?" It pays pensions and borrows money: credit and monuments.
You have to abolish pension plans. You have to abolish social spending. You have to raise taxes. You have to have at least fifty percent of the European population emigrate, either to Russia or China. You would have to have mass starvation. Very simple. That's the price that the Eurozone thinks is well worth paying.
The only way people can repay the debt is by cutting their living standards very drastically. It means agreeing to shift their pension plans from defined benefit plans - when you know what you're going to get - into just "defined contribution plans," where you put money in, like into a roach motel, and you don't know what's coming out.
My dad was very worried that I wasn't saving and didn't have a pension. I've never invested well.
Progressive visions pale and are smashed next to the normalization of market-driven government policies that wipe out pensions, eliminate quality health care, punish unions, demonize public servants, raise college tuition, and produce a harsh world of joblessness - all the while giving billions and huge bonuses, instead of prison sentences... to those bankers and investment brokers who were responsible for the 2008 meltdown of the economy and the loss of homes for millions of Americans.
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