GIGANORMOUS WORKER PENSIONS TAKING CITIES DOWN!
(sez RIGHT WING MOUTH PIECE)
Talk about the Rat who ate CLEVELAND, check out this article I found online. "For the past year we are seeing a trend for cities to go broke paying their retired worker pensions." (said the article) Well folks, I bought it. Sure, it was only alleged by some right wing talking head, propagandizing for bankers, city planners, oligarch chess pawns for as I now understand, the right wing has seized upon this tidbit ..this MORSEL of a trend to decry the huge salaries, the whale-sized PENSIONS these 'ordinary' workers are supposed to get.
As people are living longer it has increased the burden on both private and government pension funds to the point of unsustainability. THEY CLAIM. The time will therefore come, in the near future, just as with the banks, when the government and private pensions systems will no longer be able to meet the payments, and I suspect that the systems on both sides of the pond will heave their last breath. But it will first start with a drastic reduction in pensions payments.
What is now happening in the U.S. is just the start. The trend now is for retired worker pensions to be forcing corporations and cities to go bankrupt. Liberterians and G.O.P are screaming about worker demands on cities vis a vis retirement cash.
In a hurry, I sent the original clip from that internet source to my LIST. A smart progressive businessman who owns a big factory with a lot of workers....J.V. saw my email & instantly wrote me: "ANITA! Why do talking heads continue to blame workers for our country's mess? This garbage that hardworking Americans and their retirement plans are responsible for the economic mess that we are in is nothing short of right wing propaganda that has been repeated and repeated until now legitimate news agencies are repeating it. This is pure unadulterated garbage. This is just a continued attempt to turn us into wage slaves like the rest of the world. The reason our economy is in the shitter is real simple:
1) Supply side economics (Reaganomics) is a complete and utter failure. There is no trickle down from the gluttons at the table.
2) We are fighting two EXPENSIVE wars that we cannot pay for (Remember Soviet Russia went bankrupt when they were in Afghanistan, but how quickly we forget!);
3) We are a service driven economic, the US produces nothing except war and Hollywood and sadly if we don't go to war, our economy suffers.
4) These morons in Washington keep cutting taxes -- No money coming in + billions being fought in Iraq and Afghanistan = debt and bankruptcy.
5) NAFTA and the WTO. When tariffs were eliminated by "free" trade agreements, 60% of our Treasury was cut. Now our government's sole source of income is taxes.
Please stop repeating those right wing talking points. It is counter productive and just plain wrong to blame workers for our country's current condition. Place the blame where blame belongs: out of control Military spending, Big Multi-national corporations which have no loyalty to anyone but themselves, "free" trade agreements /No tariffs, and TWO COSTLY WARS. Period. End of story. Anything else is just pure propaganda bullshit."
EEK! I stand ADMONISHED! Never repeat the claptrap. Never repeat the clap trap. Never repeat the claptrap. Never repeat the clap trap.Never repeat the claptrap. Never repeat the clap trap.Never repeat the claptrap. Never repeat the clap trap.Never repeat the claptrap. Never repeat the clap trap.Never repeat the claptrap. Never repeat the clap trap.Never repeat the claptrap. Never repeat the clap trap.
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