Pension Funds

“The people who did the collateralized mortgage obligations, sold them to pension funds, then sold them short, then bought credit default swap insurance on them, are just amazing. They are a law unto themselves.” ~ Ben Stein

“Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done.” ~ Eliot Spitzer

“Social Security got passed because John D. Rockefeller was sick of having to take money out of his profits to pay for his workers’ pension funds. Why do that, when you can just let the government take money from the workers?” ~Aaron Swartz

 

15 Comments

    • Jerry:

      You can download this web presentation. The hard copy will be available for purchase by subscribers in two weeks at Solari.com

      Catherine

      • Please, also see the comment from Clark Christian: JANUARY 20, 2019 AT 1:20 AM, below.

        Catherine, I appreciate all the work you have done on exposing the corruption & theft by the US and other governments (and all the “lovely” people involved therein), but a lot of your effort dissipates like water in the sands of the Sahara, because your links don’t go anywhere or they just double back on themselves – or, as in the case of Clark, your suggested link has no destination. Thus, your readers just go around and around … eventually giving up.

        I think this is happening, because your technical staff is convinced, that using “share-point” approach to maintaining your files is better than sliced bread. Unfortunately, this software is absolute SHIT (I am being polite!) and DOES NOT WORK!

        It has never worked and probably never will. I don’t know why … I have worked in IT for several decades and have used different brands/methodologies – none of them work.

        Unfortunately, every manager (particularly in IT) is convinced that it works beautifully. This may be because they always have extra access privileges, or when they look at it/use it, there are only a few entries. But as soon as you start adding things, and especially if you add something in the wrong place and then try to delete it or move it, the whole house of cards comes crashing down.

        The only real solution is to manually maintain the top-down file structure and links, where the dependencies and interconnections are hard coded and clearly defined. I know it’s a lot more work, but IT WORKS and you are able TO MAINTAIN IT PROPERLY.

        • I thought all the links that I could never get to work were due to my computer. It’s so frustrating to not be able to read the info that seems critical to know. There are MANY links that haven’t worked over a long time. Thanks for your comment.

          • Phyllis:

            It is our practice to not maintain links in News Trends and Stories. They go stale and it is simply not possible. I will check the theme next week so see if we can fix any in the section regarding pension funds.

        • Hi Fred, asehanks so much for explaining this issue that all of us a dealing with. It ends in fruitless frustration. Catherine please note so your reporting gets to those that want very much to understand what to do.

        • Fred:

          I will check the theme on Pension Fundsthis week to see what needs maintaining. As a matter of policy we do not maintain the links at News Trends & Stories.

          Catherine

  1. Catherine presents the sad story of the theft of America. But if plans to avoid with a personal plan, does this mean that the responsible persons will need to anti up more to pay for pension funds that have been thieve?

  2. Methinks there is a connection between the Bank of NY (see wikipedia & the Rape of Russia, Harvard MBA’s), the J Edmund Safra Center (JE owned BofNY) for Ethics at Harvard, the now defunct Bioethic’s Committee at U of Penn, (MK Ultra approval for civilians), HUD criminality transferred through to Medicaid Fraud through the new “Behavioral Health” NIH SAMHSA Trauma Informed Care – mental institutional human experiments involving “enhanced stress”, TBI’s, SSDI legal status change, and property / asset stripping. The new Rape of America through fraudulent “Mental Illness” diagnosis’s. Assets transfer upon death to secret trusts and ghost partners, life insurance policies pay off. No one will ever know. Could it be? Arron Swartz sat on that JE Safra committee when he committed suicide. He was studying institutional corruption. JE Safra mysteriously died in the late ’90’s at his home in Monaco. Jacob Rothschild was trustee of JE Safra Center for Ethics.
    Maybe all random facts. Maybe not.

  3. So the theft and intentional depravity of the American financial system had been an ongoing enterprise for decades. And it seems that both political parties were cognizant of the facts.Now we know where our pension fund money went to and why.To help offset the cost of preparation of the off planet and underground facilities for the ” unfortunate few”.As well as providing cover for the shifting of federal funds offshore.My my what a plan and to think of the Democrats positioning themselves as the party of the working class citizens and the middle-class. What a laugh they must have had all these years. The American citizens are surely looked upon as suckers by both political parties. We have a lot of work to do to change the operating system and the perceptions of the American collective and the American individuals.

  4. All I am able to see is a picture of man milking cow and three quotes beneath the title. Is there more? I do not see a link or a tab or anything at all, save a man milking a cow. Would like to subscribe but want to make sure I will be able to access content first. Thanks

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