Cavuto: Cut union pensions because they don’t need ‘Chateaubriand’ steak every night

[KharmaTrain]

11. Big Business Sees Your Pensions As Their Money...

Talk to a big business type about perks and pensions and its discussed like its a privilidge an adult gives a child rather than a right earned through hard work. Thus they view those large pools in pension funds as a "gift" that they sure could use now more than you or other workers can. Also...for many years the banks and their allies make lots of money through "investing" on those pensions and don't like the concept of millions of baby boomers cashing out and giving them less gambling chips to play with.

The lack of strong unions will mean even more purges of pensions and investments no matter how much a worker puts away. The corporates want to put the load of retirement (or what's left of it) on the government and then cut their legs out to grab even more money.