Page 883 - Pensions News Today

Official didnt overturn it. if there isnt conclusive evidence that the call is wrong, theyre supposed to let it stand. but to virtually everybody with a television set, especially with a high-def television set, there was no question about it. it should have been overturned. >> the twitosphere going crazy. whats going on here. >> its $3 x million a year give or take, more than $140,000 a team. theres a dispute over pensions. the oh fishfficials have pensio the league wants to change it to a 401(...

Their conclusion was that overwhelming the greatest determination -- or determiner he of the success of the school system was the yacht of tqualit teachers in the system and that the very best nations and districts in terms of education were those that found a way to at trabt ttract the best and br. any pointed out in fin land i think it was that teachers were drawn from the top 5% or 10% of college graduates and they pointed out that too often in our country were not drawing from the very top a...

Are growing why should we have to pay for spend crazy illinois and great state of california. >> if you have done the right thing why are you now paying for california and illinois which have done the wropping thing with their budgets. why should you. and what is the morality. >> steve: look at the chicago tichers who got a new deal. i dont think they addressed pensions. >> no, they did not. we have national debt clock cane trillion and run there is it a debt clock for the city of chicago . it i...

Salary. dozens of lawmakers are doing the same thing as their states are drowning in debt. >> the congress set themselves in a special ledged class. at a are setting themselves up to take call of the money they can get. you mentioned lloyd. she has a net worth in excess of enfil one and shes taking a pension plan right now. that is outrageous and they ought to vote them out. >> tracey, new jersey numbers. in new york. you have 15 straight legislators that are double dipping. >> i am sure they ar...

Your cost of living is increasing at a certain level and you cant get the money out of your pension, lot of people are going to turn to the entitlement program. the solution, lets get the economy going, lets get more tax dollars into these pensions. that is really where a lot of money comes from. i do a lot of consulting on foundations and pension plans, a lot of these pensions are going to have to start taking a little greater risk with their money. many of them are sitting there in treasury bi...

>>. >> heather: nearly every state in the country has made cuts to public employee pensions, unfortunately, the cuts dont make a dent in the nearly one trillion dollar shortfall. how do we deal with the situation and what does it mean for the u.s. economy and your bottom line? ed is managing partner of chattedwood investment. thanks for joining us. how do these get so out of control? >> its very typical. one thing to remember, corporations, prior to 1980, corporations, 80% of them had defined be...

Story really makes you want to punch somebody. are you kidding me? in a struggling town, the moms and dads have to pay for this half a million dollar pension and he is laughing about it and how fat he will get? okay. >> it would be one of the highest pensions in the history of california. megyn: im sure he earned it. by the way, the whole studio was really glued to the tv on that one, trace gallagher. we love that presentation. taking to your thoughts. can you believe that? it is bad enough, the...

More out of labor in america. look how it is in other countries. lets turn to larry cohen, president of communication workers of america. larry, good to have you with us tonight. >> great do be here. >> you bet. whats your response to romneys comments on visiting the chinese factory and what me saw and how were so lucky to be in america and maybe we can get more out of american workers? whats your take on it? >> i think you nailed it, ed. i think romney and folks like him want us all to get bain...

That, you know, we could get more out of labor in america. look how it is in other countries. lets turn to larry cohen, president of communication workers of america. larry, good to have you with us tonight. >> great do be here. >> you bet. whats your response to romneys comments on visiting the chinese factory and what me saw and how were so lucky to be in america and maybe we can get more out of american workers? whats your take on it? >> i think you nailed it, ed. i think romney and folks lik...

More out of labor in america. look how it is in other countries. lets turn to larry cohen, president of communication workers of america. larry, good to have you with us tonight. >> great do be here. >> you bet. whats your response to romneys comments on visiting the chinese factory and what me saw and how were so lucky to be in america and maybe we can get more out of american workers? whats your take on it? >> i think you nailed it, ed. i think romney and folks like him want us all to get bain...