Page 899 - Pensions News Today

Honestly. our essential problem relates to our labor. the cost of labor. >>eric: being the cost of labor currently, and costs of labor in the form of pensions, right? >>guest: that is right. >>eric: will it allow you to renegotiate what you pay to those, they will say, look, we did our 20 years or whatever, and we deserve this. does it allow you to change the deal going forward to them? >>guest: we cannot change the deal going forward. we cannot change the deal that has been. >>eric: so, i --. >...

>> how about beach volleyball some. >> a lot of hugging. >> what about synchronized diving? >> wait a minute, didnt have a problem with the dental flossed bathing suits but odd problem with the hugging? >> yes. when i see chinese female synchronized divers hug, after every dive, and then followed by the male mexicans, i think we have a problem. >> do you think the mexicans could start hugging the chinese synchronized divers? >> its going to happen. >> everyone is going to hug at once. we are the...

How does it factor in? most of the cities are dealing with the pensions they promise, negotiated in boon times. now they are saying you know we dont have the money. >> yeah, they were always going to be in the worst position with a recession; particularly, at this stage. they cant run deficit like the federal government can. which is why romney saying he has a balanced budget, everybody has a balanced budget in the state. you have to have a balanced budget. they have a pension obligation and dif...

Bankruptcy a threat thats very definitely on the horizon. the bottom line for everybody watching our show who is any way, shape, or form near a city in trouble, your services, education and health in particular, are going to get cut. >> gretchen: let me ask you this, if they actually go through with the bankruptcy, then do they relieve themselves of all of these pensions and such that they have to pay, or how does that work out? >> its very harsh. you do go into chapter 9. if you do that as the ...

two straight years, job creation seems to be slowing down. earnings for middle income americans fell some 7% in the past decade. and then there are investments. your i.r.a., your 401(k), your pensions. theyre a second road to prosperity. that is complicated in this volatile market. for those of you looking for a safe harbor by investing in fixed income or parking money in the shelter of a bank, youre getting nothing. even our virtually nonexistent inflation is higher than what youre ea...

started getting better and stronger. >> mitt and ann romney, this is "piers morgan tonight." im at the old naval college in london. behind me is the equestrian centre for the olympic games. our guests tonight, mitt romney and ann romney has a horse in that race. she actually has a part ownership in rafalca, in the dressage competition, which is in the olympic equestrian competition. tonight, ill be talking to the romneys about that, about the election and, well, just about everything e...

saved her life. >> getting back on a horse, i started getting better and stronger. >> mitt and ann romney, this is "piers morgan tonight." im at the old naval college in london. behind me is the equestrian centre for the olympic games. our guests tonight, mitt romney and ann romney has a horse in that race. she actually has a part ownership in rafalca, in the dressage competition, which is in the olympic equestrian competition. tonight, ill be talking to the romneys about that, about t...

started getting better and stronger. >> mitt and ann romney, this is "piers morgan tonight." im at the old naval college in london. behind me is the equestrian centre for the olympic games. our guests tonight, mitt romney and ann romney has a horse in that race. she actually has a part ownership in rafalca, in the dressage competition, which is in the olympic equestrian competition. tonight, ill be talking to the romneys about that, about the election and, well, just about everything e...

had a congresswoman shot in the head and nearly assassinated. 70 people hit and wounded in a movie theater. >> the truth is, theres no particular change in law thats going to keep people who are intent on doing harm from doing harm. >> and wife ann talks about her battle with m.s. and why she says horse backing saved her life. >> getting back on a horse, i started getting better and stronger. >> mitt and ann romney, this is "piers morgan tonight." im at the old naval college in london....

talks about her battle with m.s. and why she says horse backing saved her life. >> getting back on a horse, started getting better and stronger. one of our finest historical and military monuments. behind me is the eequestrian centre for the olympic games. has a horse in that race. a part ownership in rafalka, which is in the olympic equestrian competition. tonight, ill be talking to the romneys about that, about the election. and, well, just about everything else. including their very...