A bankruptcy judge’s ruling that Detroit’s pension funds — like its other creditors — can take a hit might lead other financially troubled cities down the same path, experts say. By Alana Semuels December 7, 2013, 10:31 p.m. For 34 years, Gwendolyn Beasley worked as a clerk at the Detroit Public […]
Massive wealth confiscation program would replace 401(k) system with Social Security-run ponzi scheme Paul Joseph Watson Prison Planet.com The government is preparing to seize the private 401(k) pensions of millions of Americans while enforcing an additional 5 per cent payroll tax as part of a new bailout program that will empower the Social Security Administration […]
