Even the Democrats in solid Blue New York are in-your-face blowing off seniors by increasing the potential theft of teacher retirees' future incomes. Yes, even the teacher unions that opposed this have endorsed it at the state level rather than oppose state Democratic thieves.
"New York’s Democratic-controlled legislature this week passed a bill to funnel as much as $54 billion more in retiree savings into high-risk Wall Street investments, amid a flood of campaign cash from the financial industry.
New York’s largest teachers union backed the legislation, even though the move came after federal regulators — and the union’s own national leaders — issued loud warnings about the risk of such investments."
Each of our political parties speaks of issues. Neither party has an actual platform, a list of specific policies on how to deal with healthcare, money in government, alleviation of the climate crisis, etc. The outward appearance of the USA in its governmental forms continues, however the dismantling of America goes on one retired teacher at a time, each pension theft item at a time, each healthcare decision at a time, each individual betrayal at a time.
Even the Democrats in solid Blue New York are in-your-face blowing off seniors by increasing the potential theft of teacher retirees' future incomes. Yes, even the teacher unions that opposed this have endorsed it at the state level rather than oppose state Democratic thieves.
"New York’s Democratic-controlled legislature this week passed a bill to funnel as much as $54 billion more in retiree savings into high-risk Wall Street investments, amid a flood of campaign cash from the financial industry.
New York’s largest teachers union backed the legislation, even though the move came after federal regulators — and the union’s own national leaders — issued loud warnings about the risk of such investments."
Each of our political parties speaks of issues. Neither party has an actual platform, a list of specific policies on how to deal with healthcare, money in government, alleviation of the climate crisis, etc. The outward appearance of the USA in its governmental forms continues, however the dismantling of America goes on one retired teacher at a time, each pension theft item at a time, each healthcare decision at a time, each individual betrayal at a time.
Corruption as government thrives.
https://www.levernews.com/new-york-dems-giant-gift-to-private-equity/