Page 853 - Pensions News Today

Why is it always portrayed that way? >> i hado i had another solution last time. we need to go back to a situation where we have pensions for everyone. thats going to take pressure off social security at least. medicare, i have to sit here and tell you i dont have a solution for that. >> neil: but you will knowledge, whether its social security, more taxing, all of these have to be addressed, right? so do you think the presidents loyal base kind of sticks to to him when he wakes up and sees that...

Were widespread riots. recent documents show thatcher was scheming to privatize a national health system that has provided universal health care for brits regardless of means or class since the end of world war ii and may well be one of the great hallmarks of western social democracy. in the face of popular opposition she retreated from plans to privatize the water industry and national health service. replaced college grants from the student loan program and cut back pensions and revamped the s...

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Back, saying federal law mandates that all who are owed take a financial hit. dan henninger is still with us and assistant editorial page editor, james freeman and alici alicia, youve been following this, terrible for stockton. >> the pensions could be cut in this case and other cities follow in bankruptcy to eliminate the bond and preserve the cushy benefits for public employees. >> paul: and why should everybody take a hit? what are the policies of hitting the bondholders, but sparing the pens...

Have to be paying more to borrow. >> paul: stockton, if the bondholders take it, then they will be frozen out of the bond market for a long time, i assume. >> they should be, you cant just wipe out bondholders. >> and all of these california cities you start to wonder about them, as alicia and others have written. this is a state where middle class people are fleeing. if you think of sort of long-term growth and the ability to fund these big debts, its hard to see it in california. you throw on ...

Beautiful old buildings turned into a strip mall. you know what happens in some of the towns, you know what would pop up there, the banks. >> tucker: cvs. >> alisyn: pharmacies are everywhere. do you understand the temptation are not wanting something beautiful to then be torn down or turned over? however, they need to figure out how to make up 15.9 billion dollars that they lost this year. >> tucker: its pretty simple. look, if youre hemorrhaging money take a look at your balance sheet, where i...

>> were an emergency feeding program that feeds people in need. we serve over 1200 meals. weve been doing that for 30 years. >> the government always had a role to play as well. during the americans colonial period, you had the british poor. in the 1930, the new deal added social programs. >> the president signs the social security bill, old age pensions, unemployment insurance. >> youve had an administration which instead of rolling its thumbs, rolled up its sleeves. >> of course, the biggest j...

Program that feeds people in need. we serve over 1200 meals. weve been doing that for 30 years. >> the government always had a role to play as well. during the americans colonial period, you had the british poor. in the 1930, the new deal added social programs. >> the president signs the social security bill, old age pensions, unemployment insurance. >> youve had an administration which instead of rolling its thumbs, rolled up its sleeves. >> of course, the biggest jump came in the 1960 when is ...