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They are stealing from pensioners to pay short-term debt owed to banksters who knowingly made risky private loans. This is corruption. No other word applies. Don’t be surprised when Geithener tries to grab 401(k) pensions here. Oh, the Irish made sure that senior bondholders got paid back at 100% on the dollar even if that [...] All that protest in the streets, with blocked streets and shut-down ports, has accomplished precisely nothing. The French Senate just passed a law raising the pension age from 60 to 62. Symbolic protests in the streets accomplishes very little now. The police know how to isolate it, the media often ignores it, and politicians simply [...] |  | ||||
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