Page 912 - Pensions News Today

Advertising in campaigns in a way that will allow them to control their narrative and their message more than before -- megyn: yeah. the same power that it gave to corporations -- >> yeah, same power it gave to corporations. so in the same way companies have more power, unions do too. megyn: marc, we saw a couple bag ott initiatives -- ballot initiatives that passed in california that cut down on the power -- on the pensions that the public sector employees were going to get upon retirement sayi...

where the economy is concerned, this summit could have a serious impact on jobs. heres some of what the president said tonight about the economy, about syria and politically from the romney campaign. >> markets around the world have been asking if europe is ready to do what is necessary to hold the eurozone together. european leaders here in cabos have made it clear that they understand the stakes and pledge to take the actions needed to address this crisis and restore confidence, stab...

Charlie gasarino has an article in the "new york posts" today. we know there are pensions out there, firefighters, police and so on that are promised big pensions and the taxpayer has to pay for the pensions, basically right. >> not basically, we do. megyn: we do. his point is its a much bigger liability that we are being told, its 4 thrill kwroepb, and that jpmorgan has done the math on this and issued some reports that identified that huge understatement? >> well, jp morgan chase and others ha...

Can blame the union reps for the firefighters that goes into the city official and says this is the deal we want. we want these great pensions, they risk their lives. it is up to the city official on the other side of the negotiating table to say, we love our firefighters, but we also need to protect our taxpayers and we cant agree to huge astronomical numbers begin the red this state or city is already in. >> megyn i think you have it exactly right. this is not a matter of blame, this is a matt...

candidates arent telling you about what is and what is not within their power to change. but first, ill tell you about a storm thats raging in the distance. its headed to our shores. its an economic storm. it hasnt hit yet. were starting to feel the outer bands of it. those who watch me every week know, im generally an optimist. but i understand the u.s. economy. the u.s. economy is driven about it confidence of its citizens. the customer in this case is the american consumer and is al...

Side of it. you forgot about the nearly 4 trillion in underfunded pension, thats a lot of money and no way in hell anyone has remotely, remotely addressed. >> the markets are telling us, and we talk about the markets melting down and risk and fear, lack of leadership, another gutless display for me, washington d.c. another deflection, whats the problem and who is really to blame. its their lack of leadership, their gutless leadership of this country that really is problem number one. markets kno...

Because individuals at the state level, they can see how they are services are being cut and they can see bankruptcy breathing down their necks. they are tired of politicians raiding these pensions and theyre tired of the people receiving them boosting them, and beating them up in the later years of service, so, i think that youre starting to-- >> i see your point. one of the things thats very clear, at least its in the air right now, ben stein and in your neck of the woods. when the democratic,...

right. they think things are slowing down, it will welcome self-fulfilling because theyll stop spending. businesses stop hiring. and the economy could grind to a halt. let me tell what you im talking about. heres got news. we had 20 straight months of job growth in the united states. the pace of that growth is slowing. the last five months, there have been fewer jobs created each month than were created than in the month before. but jobs are being created, not lost. so that should make...

>> some quick headlines now. why double dip when you can go for a triple dip. danny donahue the head of the largest government workers union is able to cash in on three different pensions totalling 130,000 dollars. a spokesman for the civil service employees defends the pension amount. eek eek city has unique -- oklahoma city has unique honor voted the most manliest. it has the number of pink houses and home improvement scores to make the decision. staeak and potatoes. it is quarter to the t...

kay owes in cairo. a spinning move parliament illegitimate and the military announced it was over. the same parliament egyptians have spent months voting for in their first votes ever. one tweet from a human rights activist said, egypt just witnessed the smoothest military coup. wed be outraged if we werent so exhausted. chaos erupted in the streets of cairo and tahrir square as people gathered. it comes just two days ahead of the presidential election. now this election pits a mubarak...