Universal Pension System

Published: August 6, 2012, 9:56 pm

Updated: August 6, 2012, 9:59 pm

Teresa Ghilarducci on "A Universal Pension System"

A.K.A. "How they're gonna steal yer $#1t".

This will be the "solution" to the "problem" of financial firm fraud and markets tanking (or maybe market stanking?) and the public's "reaction".

0:20 - 0:30 -- MANDATORY, UNIVERSAL, pension system ...
3:10 - 3:20 -- MANDATORY, UNIVERSAL, pension system ...
14:15 - 14:50 -- MANDATORY pension system (many times)
Working with the Rockefeller Foundation
16:50 - 17:00 Wall Street firms, worlds money managers handling the funds.

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Briefing paper: http://www.sharedprosperity.org/bp204/bp204.pdf

http://www.humanevents.com/2010/05/04/republicans-sound-alarm-on-administration-plan-to-seize-401ks/

Committee on Education and the Workforce Hearing (I've noticed that dot-gov links to testimonies get broken every so often and new ones have to be found.)
http://archives.republicans.edlabor.house.gov/archive/hearings/107th/fc/enrontwo2702/ghilarducci.htm

(Locked)

Entry #885

Comments

sully16 - Aug 6, 2012, 10:27 pm

This will put the nail in our financial coffin.

time*treat - Aug 6, 2012, 11:10 pm

They've been angling to get at those retirement funds for years. Redistribution (the false promise of it, anyway) will be very popular with those that it will be promised to. In the vid, she says people will not outlive their retirement funds. People will take that as meaning lots of funds, rather than a shortened lifespan (healthcare rationing -- you'll have to pay bribes for things like bandages and anesthesia).

sully16 - Aug 7, 2012, 8:10 am

WOW, THIS IS ONE LONG SURREAL NIGHTMARE.

Universal Pension System

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