by Richard Eskow | Mar 17, 2014 | Retirement Security
co-written by Richard Eskow and Richard Fowler, host of The Richard Fowler Show Last week, MSNBC's Abby Huntsman expressed some strong opinions about Social Security. That's her right and her privilege. Unfortunately, she also made some inaccurate and misleading...
by Lynne Stuart Parramore | Mar 10, 2014 | Retirement Security
When the city of Detroit filed for Chapter 9 bankruptcy in July 2013, America sucked in a collective gasp. This was the largest municipal bankruptcy filing in U.S. history by the amount of debt ($18–20 billion), and Detroit was the largest city ever to officially go...
by Richard Eskow | Feb 24, 2014 | Chained CPI, Retirement Security
There are two major debates currently underway about President Obama’s upcoming budget, scheduled for next week: One involves the President’s proclamation that this budget will signal the “end of austerity,” while the other involves the decision to abandon the chained...
by Roger Hickey | Feb 21, 2014 | Chained CPI, Retirement Security
Great news! The Associated Press reported on Thursday that an unnamed Obama administration official (speaking on background) announced that the chained CPI will not be in President Obama’s budget. Just so we all really believed this signal, the White House Office of...
by Richard Eskow | Feb 18, 2014 | Retirement Security
President Obama's budget is scheduled to be released on March 4, and a critical question remains unanswered. Will he or won't he reprise the "chained CPI" cut to Social Security that he proposed in last year's budget? Nobody on his team is talking. The answer to that...
by Isaiah J. Poole | Feb 14, 2014 | Retirement Security
NOTE: After this post was published, The New York Times reported that PBS has returned a $3.5 million grant it had received from the right-wing Laura and John Arnold Foundation to produce a series of reports on what it called "The Pension Peril." The PBS decision was...