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JPZenger

(6,819 posts)

12. A huge part of the stock market is owned by pension funds

Reply to adirondacker (Reply #4)

Fri Jul 19, 2013, 04:03 PM

Jul 2013

A rising stock market is great news for anyone who is depending upon a pension. It hopefully will reduce the dangerous underfunding of many pension funds.

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Highlight:

Heads Up !!! - Detroit Bankruptcy Could Hit Millions Of Retirees - CNBC [View all] WillyT Jul 2013 OP

Don't you think THAT was the plan from the get-go? SoCalDem Jul 2013 #1

yes nt Liberal_in_LA Jul 2013 #19

It's ProSense Jul 2013 #2

That's the ripe, juicy fruit that the MI GOP has always wanted MrScorpio Jul 2013 #3

Who needs pension funds in this bountiful, robust economy? adirondacker Jul 2013 #4

LOL !!! WillyT Jul 2013 #5

A huge part of the stock market is owned by pension funds JPZenger Jul 2013 #12

du rec. xchrom Jul 2013 #6

Yes, this is the plan gollygee Jul 2013 #7

Any suggestions Crepuscular Jul 2013 #8

Find the book Shock Doctrine and read it gollygee Jul 2013 #10

Who created Crepuscular Jul 2013 #14

The filing was ruled unconstitutional! Rex Jul 2013 #9

That's cold comfort for a city and state government that have no money. A federal bailout is needed. reformist2 Jul 2013 #20

Interesting quote JPZenger Jul 2013 #11

That is especially true Crepuscular Jul 2013 #15

A lot of those retirees mstinamotorcity2 Jul 2013 #13

Bingo !!! WillyT Jul 2013 #16

They shared in the pleasure mstinamotorcity2 Jul 2013 #17

retired detroit librarian explained that she was RECRUITED to detroit based on retirement benefit Liberal_in_LA Jul 2013 #21

If Obama doesn't guarantee their pensions in the end, he will have officially gone from hero to zero reformist2 Jul 2013 #18