General Discussion

kairos12

(13,707 posts)

22. Ponzi would have rejected 401ks as a swindle too far.

Reply to turbinetree (Reply #17)

Wed Jul 22, 2015, 11:15 PM

Jul 2015

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

65 replies

= new reply since forum marked as read

Highlight:

Elizabeth Warren HUMILIATES Executive Invited By Senate Republicans [View all] Segami Jul 2015 OP

That was a thing of beauty. arcane1 Jul 2015 #1

Sleazebag is robbing old folks and feels entitled to do so Warpy Jul 2015 #2

Mutant capitalism at its most baldfaced. hifiguy Jul 2015 #3

Predatory capitalism. tclambert Jul 2015 #10

+ a brazilian. hifiguy Jul 2015 #11

That sounds like the neutron bomb--kills the people, but leaves the property unharmed. tclambert Jul 2015 #14

That is why the plutocracy is planning a "Greece for all" across the world. hifiguy Jul 2015 #15

You are absolutely correct. Enthusiast Jul 2015 #46

Wiped the floor with them. Le Taz Hot Jul 2015 #4

But did you see the seriousness in their faces? Liz and Bernie closeupready Jul 2015 #21

Defined benefit pension plans are the gold standard of pension plans, any sale of benefits to these financial pirates should Fred Sanders Jul 2015 #5

Without a defined benefit plan, it's hello Purina. kairos12 Jul 2015 #9

I am intimately familiar with the many benefits of defined benefit pension plans for workers, as is Warren. Fred Sanders Jul 2015 #12

I had a great defined benefit plan --- until Shit Chrisite came along. Hoppy Jul 2015 #25

How does that happen? You had a binding contract! It was your PAY taken away. That is fucked up. Fred Sanders Jul 2015 #28

Creative corporate bankruptcy laws help. Fuddnik Jul 2015 #37

He 'splained how the state doesn't have the money to pay for the pensions. Hoppy Jul 2015 #41

My Ohio teachers pension was also cut. State pensions spooky3 Jul 2015 #43

They'll jack up the price of cat food just for spite meow2u3 Jul 2015 #16

Yep, when that 401k switcheroo from pensions happened in the 90s . . . brush Jul 2015 #23

DBP vs DCB MadCrow Jul 2015 #36

You were one of the smart ones. nt brush Jul 2015 #42

Defined benefit plans use the exact same market that defined contribution plans do Recursion Jul 2015 #60

There is magic...the magic is in who controls the management...the magic is in the peace of mind. Defined benefit. Fred Sanders Jul 2015 #61

Well, sure, if you trust it not to underfund or fail Recursion Jul 2015 #62

K&R..... daleanime Jul 2015 #6

Some consolation that she's not running for president: Qutzupalotl Jul 2015 #7

Warren has more power where she is right now, than as President. -none Jul 2015 #33

Get real. zeemike Jul 2015 #8

Too true! Juicy_Bellows Jul 2015 #13

I have a serious question. Why do the avid HRC supporters avoid threads like this? rhett o rick Jul 2015 #47

DB vs. 401K turbinetree Jul 2015 #17

Ponzi would have rejected 401ks as a swindle too far. kairos12 Jul 2015 #22

Agreed turbinetree Jul 2015 #29

She is amazing. I am glad she is where she is! We need more like Warren! Feeling the Bern Jul 2015 #18

2014? That's all in the PAST! Let's move on. We should look ahead. Spitfire of ATJ Jul 2015 #19

Back in the early 90's, I worked for a financial services firm that would soon be acquired by Citi. Snarkoleptic Jul 2015 #20

What a clear and concise summary of what I find normally mind boggling. snagglepuss Jul 2015 #24

Thanks, Sangglepuss! Snarkoleptic Jul 2015 #26

Was he tesitfying against Glass-Steagell? And did any other senators ask questions regarding jwirr Jul 2015 #27

Plutocrats hate oversight, it makes it harder to steal money from the elderly and the poor. Rex Jul 2015 #30

Selling greed! just us Jul 2015 #31

K & R!!! Thespian2 Jul 2015 #32

She doesn't need to ever back down. She knows she has done her homework. JDPriestly Jul 2015 #50

I have no words to express how much I love Indepatriot Jul 2015 #34

This message was self-deleted by its author Duval Jul 2015 #40

Sleazebags cannot be embarrased! vlyons Jul 2015 #35

Primerica--Let Us Hack Your Life. Bastards. nt valerief Jul 2015 #38

Go Elizabeth Go! nt Duval Jul 2015 #39

that was awesonme but Keep-Left Jul 2015 #44

K&R! This post should have hundreds of recommendations! Enthusiast Jul 2015 #45

I love Elizabeth Warren d_legendary1 Jul 2015 #48

K&R. JDPriestly Jul 2015 #49

Truly a Great Senator, Elizabeth Warren UCmeNdc Jul 2015 #51

Yeah -Humiliated TACFIRE13 Jul 2015 #52

Ouch, that's gotta hurt! passiveporcupine Jul 2015 #53

+1000 smirkymonkey Jul 2015 #54

How I wish she was the woman running for President. jalan48 Jul 2015 #55

Still think there's no difference between the two parties swing voters? IHateTheGOP Jul 2015 #56

It took both parties to deregulate the industry Oilwellian Jul 2015 #57

And Warren is, of course, NOT a repuggie. IHateTheGOP Jul 2015 #64

Gawd I love this woman. n/t senz Jul 2015 #58

Fuckin A Go Vols Jul 2015 #59

I agree she ate their lunch, but sociopaths can't feel humility. Elmer S. E. Dump Jul 2015 #63

But they are not lightening proof. lonestarnot Jul 2015 #65