Page 852 - Pensions News Today

Back less than what they actually paid into the system. that would shock franklin roosevelt. it would violent roosevelts notion of the legal, moral and political right to collect pensions based on what you pay into the pension fund. now i think francis perkins would take a broader view of this whole subject and while looking at social security retirement benefits, she would notice today that we have many other ways, the federal government, subsidizes retirement in this country that did not used ...

Out what they would say about it now. here is fdr at the signing ceremony of the social security act with francis perkins standing behind him. >> this social security measure gives at least some protection to 50 millions of our citizens who will reap direct benefits through unemployment compensation, old-age pensions and through increased services for the protection of children and the prevention protection of their health. we can never insure 100% of the population against 100% of the hazards o...

By deficits and austerity and revolt. that cycle has been introduce by liberal and conservative governments alike. one of the most grim ironies of crisis im, and irony barack obama is now part of center left governments across the world have been the ones to turn around and impose austerity sometimes brutal austerity on their own base who do not want it. nowhere in the world has that been more violently resisted or disastrous than greece at the spectacle of suffering is former prime minister tha...

Now. here is fdr at the signing ceremony of the social security act with francis perkins standing behind him. >> this social security measure gives at least some protection to 50 millions of our citizens who will reap direct benefits through unemployment compensation, old-age pensions and through increased services for the protection of children and the protection of their health. we can never insure 100% of the population against 100% of the hazards and vicissitudes of life, but we have tried t...

The unemployment rate rose to 17.7%. 40% for young people. an austerity regime so blunt and unpopular it ultimately brought down his government. joining me tonight, george pop pan dray you. thank you for joining us. there are many differences between the u.s. and greece i would like to talk about. >> and some similarities. >> and some similarities. i want to talk about the politics. you had to do this, the politics of being from the center left and having a coalition and base of support that wan...

17.7%. 40% for young people. an austerity regime so blunt and unpopular it ultimately brought down his government. joining me tonight, george pop pan dray you. thank you for joining us. there are many differences between the u.s. and greece i would like to talk about. >> and some similarities. >> and some similarities. i want to talk about the politics. you had to do this, the politics of being from the center left and having a coalition and base of support that wants things like pensions and hi...

Which the president wants and has in his budget, there are more politically palatable places to get it. >> heres the problem -- >> people making $115,000 and would be, you know, paying more. >> so, heres the problem, the entire need for a deal, as you were talking about, chris, earlier in the segment, has to do with this urgent priority that is a washington obsession, which is to actually lower the deficit. when, in fact, the most urgent need outside of washington is to create more jobs, to rais...

Republicans would never accept it. is that what youre saying? >> im saying that if youre going to get revenue increases, which the president wants and has in his budget, there are more politically palatable places to get it. >> heres the problem -- >> people making $115,000 and would be, you know, paying more. >> so, heres the problem, the entire need for a deal, as you were talking about, chris, earlier in the segment, has to do with this urgent priority that is a washington obsession, which is...

Helped finance construction of the worlds first leed platinum auto manufacturing plant. thats the impact of global connections. thats bank of america. but at xerox weve embraced a new role. working behind the scenes . ide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets d...

Going to get revenue increases, which the president wants and has in his budget, there are more politically palatable places to get it. >> heres the problem -- >> people making $115,000 and would be, you know, paying more. >> so, heres the problem, the entire need for a deal, as you were talking about, chris, earlier in the segment, has to do with this urgent priority that is a washington obsession, which is to actually lower the deficit. when, in fact, the most urgent need outside of washington...