Thursday, October 24, 2013

PENSION FUND WAR: Wall Street is going for your money: 4 things you need to know.

Siedle’s report is  worth reading in its entirety to understand what your state legislators actually mean when they start throwing around the Orwellian phrase “pension reform” – and thanks to the second piece of news this week, we know that state legislators everywhere will almost certainly be throwing that seemingly innocuous phrase around. That news came from the  St. Louis Beacon, which reports that none other than the American Legislative Exchange Council has decided to make cutting pension benefits one of its top goals in the 2014 state legislative sessions. They will be pushing to replicate Raimondo’s much-hyped “reforms” in legislatures throughout the country.

http://www.alternet.org/4-things-you-need-know-about-plot-sell-your-pensions-wall-street?page=0%2C1&akid=11074.294211.ADwHY6&rd=1&src=newsletter914168&t=9

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