Moody’s public pension scheme doesn’t make sense – unless you’re on Wall Street

Wall Street bankers have been known to get creative – if not downright deceptive – when finding ways to maximize their own income. Now Moody’s, the bond-rating agency that overvalued junk investments and helped bring the country (and world) to

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Posted in A Fair Deal at Work, Retirement Security

Pensions part of system that actually works right

We elect our state legislators with the hope that they will look out for the public. So it always is sort of a shock when legislators work to undermine government services which work best for people. It as if they

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Posted in A Fair Deal at Work, Column, Retirement Security

What do Pearl Jam and Dean Baker have in common? Even Flow

As “Dean Vedder” would sing it (with apologies to Eddie): Freezin’ pension contributions hurts your long-run, again Oh, feelin’ maybe we’ll see a little better, P&E rate, ooh yeah Oh, maxin’ contributions makes too hard on your seniors, ah Oh,

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Posted in A Fair Deal at Work, Check, Retirement Security, Social Security
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