Posts Tagged 'Social Security (United States)'

Andrea Germanos – 100 CEOs Have as Much Retirement Savings as 116 Million Americans

While many Americans are facing a “frightening retirement reality,” 100 CEOs are looking at “colossal nest eggs” and can look forward to monthly retirement checks of over $250,000 for the rest of their lives.

The Institute for Policy Studies (IPS) puts a spotlight on this massive savings gap in its new report (pdf), “A Tale of Two Retirements.”

“While slashing jobs and benefits for ordinary workers, CEOs of large companies have been feathering their own nests,” stated Sarah Anderson, report ...

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Sarah Boseley – Baby boomers ‘should work for longer to stay healthy’

The baby boomer generation, now in their 50s to 70s, should stop thinking about putting their feet up when they retire – and maybe not retire at all for the sake of their health, according to the government’s chief medical officer.

Professor Sally Davies, in her latest annual report on the health of the nation, to be published on Tuesday, is expected to say that people of retirement age might do well to stay in work if they can, or else ...

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Bill Black: Debt Derangement Syndrome – Saving Our Grandkids from Wall Street

This is Naked Capitalism fundraising week. 1320 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in financial realm. Please join us and participate via our Tip Jar, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what we’ve accomplished in the last year, and our fifth goal, more original reporting.

By Bill Black, the author of The Best Way to Rob a Bank is to ...

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Gray Divorce: Why Some Grandparents Are Calling It Quits

Alicia P., 66, an artist, has been married to her physician husband, Chet, 68, for 42 years. The couple had long had problems with intimacy, and Alicia complained that Chet was so involved with his medical research that family came a distant second. As long as the kids were at home, Alicia thought about divorce from time to time, but believed the couple had to stay together “for the kids.”

Now that the kids ...

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Sarah Lazare – A Health Care System That You Might Actually Like Isn’t as Far off as It Seems

More than 2,000 doctors across the United States have endorsed a detailed proposal [3] for transforming America’s broken for-profit health care system into a publicly funded, universal model that would knock down all barriers to treatment.

Just published in the American Journal of Public Health by a 39-member Working Group on Single-Payer Program Design, and signed by a growing number of physicians and medical students, the proposal takes a hard look at just how effectively the Affordable Care Act has delivered ...

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Wendell Potter – Is Crony Capitalism a Big Reason for America’s Dental Health Care Crisis?

http://www.huffingtonpost.com/wendell-potter/is-crony-capitalism-a-big_b_8433768.html
For an example of how Big Money in politics is causing real harm to average Americans, look at the practice of dentistry in this country.

The United States is facing a dental care crisis for a number of reasons. First, dental care has become so expensive many of us can’t afford to go the dentist. More than 130 million of us lack dental benefits–far more than the number of people without medical coverage. And even people who have dental benefits ...

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Robert Reich – “The Big Short” and Bernie’s Plan to Bust Up Wall Street

If you haven’t yet seen “The Big Short” – directed and co-written by Adam McKay, based on the non-fiction prize-winning book by Michael Lewis about the housing and credit bubble that triggered the Great Recession — I recommend you do so.

Not only is the movie an enjoyable (if that’s the right word) way to understand how the big banks screwed millions of Americans out of their homes, savings, and jobs – and then got bailed out by taxpayers. It’s also a ...

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Andrew Levine – The Age of Stupidity is Upon Us

What if when the World Trade Center and the Pentagon were attacked, the United States had had leaders like the ones that built the post-World War II world order?

Those guys weren’t angels: they got the Cold War going, and they set the American empire on its global course. But they weren’t stupid.

Even at a time when, unlike now, the American economy was unrivaled and booming and the rest of the world was in shambles, they had the good sense not ...

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Senate Bill May Kick 200,000 Off Social Security If They Have Arrest Warrant By Steven Rosenfeld

The large transportation funding bill moving through the Senate would end Social Security benefits for 200,000 people who have an outstanding felony arrest warrant—but have never been convicted by a court, or have a warrant for violating probation or parole, according to disability rights advocates tracking the legislation.

The proposal, which surfaced late Tuesday, is at odds with recent Republican statements [3] on the need to take up meaningful criminal justice reforms such ...

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Crying Wolf? Impending Global Financial Collapse Will Change the World Order By Bill Holter

Worse than any disease or even leprosy, anyone spouting Austrian economics or even “common sense” (almost extinct today) has been shoved into the outcast corner by the mass delusional majority.  Over the last few years, “theory after theory” has become fact after FACT afterFACT!  There can no longer be any question, conspiracy to delude and defraud has run rampant and is a day to day operation in the Western world.

Originally my thought was to write this piece about and around the perfect ...

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