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Public Sector Pensions Under Attack, by Bill Raden

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opednews.com Headlined to H4 10/25/16

Author 40790

'Call it the tale of two pension crises. Long a target of right-wing think tanks and hedge-fund managers, the retirement security of unionized state, county and municipal employees is typically seen by conservatives as the Achilles heel of labor’s political clout in Sacramento. The bitterest irony for all American workers economically kneecapped by the 2007 global financial crisis is that they are footing the still-ongoing, $16.8 trillion-dollar bailout bill that rescued the banks ultimately responsible for the California public pension system’s shortfalls that Dolan and the L.A. Times blame on CalPERS and union greed.'

Read the rest of the story HERE:

At portside.org


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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)

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