For most of the 20th century, until the 1980s, each generation of retirees had a somewhat higher standard of living than the last. With the Reagan era advent of federal policies encouraging private employers to raid and discontinue defined benefit pensions, that trend stopped. The current generation of retirees are discovering that their 401Ks are almost never sufficient to allow a dignified retirement. They've been robbed. 401Ks are subject to the stock market, which favors insiders, and financial managers and the retirement-industrial complex extract as much as a quarter of all 401K savings in parasitic fees. In this Against the Grain interview James Russell explains why Wall Street loves privatized and individual retirement accounts, and hates defined beneift pensions and social security,
listen
http://www.againstthegrain.org/files/files/atg/atg_2014.11.12_401ks.mp3
Historian said to Brasil de Fato that armed groups are the heirs to the repression of US-backed dictatorships
Despite the messaging from politicians, the new Maryland "Juvenile Justice" bill is another attack on African (Black) youth and, by extension, the whole of the African masses.
Louisiana is one of several states passing punitive measures in response to fears stoked by orchestrated crime panics.
Half of the projects funded through the law have been allocated to expanding highways.
From the era of Malcolm X to the present, progressive forces have supported the Palestinian and Arab struggles against Zionism and imperialism.
