Page 827 - Pensions News Today

That was one of the questions i asked. what is it about republican policy when it comes to cutting education, denying health care, going after pensions, shipping jobs overseas, what is it that the south doesnt get about american workers? meanwhile, education cuts, republican misinformation, and voting against your own self-interests just the tip of the iceberg. the right to vote is now under attack by republicans all across this nation, well documented on this network. this year alone, at least ...

Wild. >> this money, everything he had with him, was everything in the car. and nobody knows where hes at. hes just completely missing. >> david says hes a big fan of the movie, into the wild, about a guy who runs away and lives in the wilderness. a friend reportedly told his dad that john might have planned this. he was expected back in class at a community college last monday. well, hundreds of private lobbyists are cashing in on government pensions. a new report says that it is happening in...

>>guest: there are a lot of factors in the economy that are making it tough for anyone to get ahead when it cops to retirement. we have stagnant wages, the cost of living is going up and, in fact, pensions even in the public sector are still being questioned. a lost factors to blame. >> heather: thank you, scott, we apresident bush -- appreciate it. >> gregg: fox files takes you inside the octogan with women warriors, health -- heather, you know this, right? rhonda is a superstar in ultimate fig...

Mobilize. take this spirit. take this spirited back to your communities, your neighborhoods, your schools. take this spirit back and keep it alive. take this spirit back and let us raise our voices together. let us demand justice together. let us demand fairness together. and together let us restore the american dream. >> lee saunders, the president of afsme, took over for jerry mcatee who retired after 40 years in that position. lee saunders, a very emotional speaker. their big focus is what ha...

>> you know, i think sometimes we forget how we got rid of child labor. how we got to 40-hour work week. how we got vacation and health care for workers. none of those were given to us by benevolent ceos. it was by engaging the voice of middle class america. what made america great was the fact that we built this strong middle class. and that was done by labor in this country. it was coming together, giving a voice to the common everyday guy thats going to work every day. and every woman. thats ...

Peoples pension. that the autobillionaires companies got bailed out and theyre talking about taking workers pensions. and people want to know why were marching? >> the retirees pensions in detroit average $19,000 a year. yet they want to attack the workers, they want to attack retirees. weve got to say no. we are not going to let that happen. they are using workers as scapegoats. thats one of the reasons were out here tomorrow and were going to be here until were able to fight successfully for w...

Pension peril. >> reporter: many state and city workers around the country are worried what happened in detroit may happen to them. abru bankrupt city that starts cut pension benefits. >> theres a tendency to overpromise, underfu them, and when a problem comes up, the actuary says put in so much, theyre very ready to just defer that cost onto the next generation. >> reporter: some pensions have been improving, but a study found eight states have less than 60% of funds. illinois the worst at 45%....

In chicago, that dilemma falls to democratic operative mayor rahm emanuel from whom unions are more likely to accept bad news. >> theyre looking at a democratic office holder and saying i know you wouldnt be doing this to me if it wasnt absolutely necessary. >> reporter: not that that makes it any easier, and longer life spans means the problem will only get bigger. >> numbers get exponentially large and it exceeds the ability to pay. >> reporter: whatever happens in chicago and other states, th...

>> there have been irresponsible officials beating up on former mayor daley in chicago. he didnt make payments. look, its not just pensions. cities sign deals all the time. may mayordaley in chicago signed a deal with morgan stanley turning over operation of parking meters for 75 years and probably got half, if even that of what he should have gotten on a fair deal. thats the way governments work. you make long-term contracts. you want transparency and you want to see that people in this case ma...

Country. but across this country. thats what weve got to get that word out. i mean, this is blatantly unfair. blatantly unfair when youre attacking pensions. when youre attacking health insurance. when youre attacking unions and attacking contracts. when, in fact, corporations in wall street are making billions and billions and billions of dollars at the expense of those trying to play by the rules every single day. >> dean, the argument you hear from conservatives about this, about this dynamic...