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Re: 407,000 Workers Stunned As Pension Fund Proposes 60% Cuts, Treasury Says "Not Enough"

By: nacl01 in POPE IV | Recommend this post (0)
Sun, 22 May 16 11:26 PM | 82 view(s)
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Msg. 06854 of 47202
(This msg. is a reply to 06842 by micro1)

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m1/memo, You might relate to this article:

http://www.mauldineconomics.com/frontlinethoughts/life-on-the-edge

"There are the protected and the unprotected. The protected make public policy. The unprotected live in it."

nacl




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The above is a reply to the following message:
407,000 Workers Stunned As Pension Fund Proposes 60% Cuts, Treasury Says "Not Enough"
By: micro1
in POPE IV
Sun, 22 May 16 10:22 AM
Msg. 06842 of 47202

Submitted by Tyler Durden on 05/21/2016 - 12:08

407,000 private sector workers are about to lose most of their pensions. When private pension plans go broke, they go broke. Public pension expect a bailout.

Comments: 356 117,169 Reads

http://www.zerohedge.com/news/2016-05-21/407000-workers-stunned-pension-fund-proposes-60-cuts-treasury-says-not-enough

Work all your life just to take it in the ace. Thats the way I feel. All the chit I have built and sold. just to live in a 5th wheel right now. with $200 in the bank. I feel I have been shafted from this chit they did to us...............Transfer of financial wealth to the FRIking bankers. POS..............


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