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Pension Lawsuit  Update
This video is about Pension Lawsuit Update
Service Suspension System Message - GM Ride Control Diagnosis
Do you own a late model GM vehicle and are experiencing a service ride control system message? Watch this video for helpful tips and tricks for diagnosing and repairing the suspension control system. Please subscribe to my channel for all the latest videos from The Car Doctor Channel
Views: 199358 The Car Doctor
Sears paid more to shareholders than it would cost to repay its pension plan: report
Sears paid out more to its shareholders in dividends than it would have cost to repay its underfunded pension plan, according to a report calling for expanded pension regulations. »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX Find CBC News on Facebook: http://bit.ly/1WjG36m Follow CBC News on Twitter: http://bit.ly/1sA5P9H For breaking news on Twitter: http://bit.ly/1WjDyks Follow CBC News on Instagram: http://bit.ly/1Z0iE7O Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
Views: 10250 CBC News
Pension champions gather at convention forum
Pension activists from across the country drew energy and inspiration from the national convention pensions forum. Pensions should be a social program like Medicare, lawyer Murray Gold told a packed room. "We want universal coverage and universal access," he said. He urged members to make better pensions "the Tommy Douglas issue of our times." Like Medicare, says Gold, a decent retirement income should be "a right of Canadian citizenship and part of what it means to be Canadian." Gold praised public sector pensions as models of success because they are delivered on a not-for-profit basis, are highly efficient and highly effective. Speakers emphasized the need to expand the Canada and Quebec Pension Plans and protect defined benefit workplace pensions so all workers can have a secure retirement. CUPE researcher Leanne McMillan made the case for an expanded CPP and QPP. "What's going on is that the one per cent broke the promise they made...when CPP was created." In the 1960s, social movements pushed for a retirement system that would provide 65 to 70% of workers' income, but corporations and employers lobbied for a much lower rate. "We got snowed...it's time to bring the CPP back to the table, because RRSPs and workplace plans aren't delivering," she says. A better CPP is a youth issue, says McMillan. "With high student debt and no jobs, it's impossible to save for retirement. We need the CPP." With seven finance ministers on side, McMillan is clear the fight isn't over, even after Stephen Harper threw a wrench in the ministers' plans for CPP reform. The head of Ontario's health care workers' pension plan made a succinct and compelling case in favour of defined benefit pension plans. Defined benefit (DB) plans deliver the highest payout per dollar, have lower operating costs, and don't leave individuals to make complex investment decisions alone, says HOOP CEO Jim Keohane. He pointed to Australia, which introduced mandatory defined contribution (DC) pension plans that transfer all risk and responsibility to individual workers. Today, half of Australian seniors are living in poverty, and only 30 per cent of retirees will have any money left at age 75. Pension actuary Don Smith urged CUPE members to keep educating its members and the public on the value of good pensions. "CUPE, as Canada's biggest union, has a huge role looking at the greater interest of society and look at [the need for better pensions] in the long term," he says. "Help create the pension system of the future. The difference between no pension and a good pension is massive," says Smith.
Views: 450 cupescfp
Vavi calls for mass protests over new pension laws
Former Cosatu General Secretary Zwelinzima Vavi called on workers from the 9plus unions to intensify their protests over the controversial pension laws. Click here to subscribe to Eyewitness news: http://bit.ly/EWNSubscribe Read full article on Eyewitness news: http://ewn.co.za/2016/02/06/Unions-march-against-new-tax-reforms-underway-in-Pretoria Like and follow us on: http://bit.ly/EWNFacebook AND https://twitter.com/ewnupdates Keep up to date with all your local and international news: http://ewn.co.za/ Produced by: Vumani Mkhize
Views: 2591 Eyewitness News
Emergency manager issues pension freeze: more possible fraud
Emergency manager issues pension freeze: more possible fraud
How to Replace a Power Steering Rack in Your Car
Power steering rack replacement. How to replace a power steering rack in your car DIY with Scotty Kilmer. How to fix power steering leak. Power steering rack inspection, removal and replacement. It's a big job, but you can do it with simple hand tools. DIY car repair with Scotty Kilmer, an auto mechanic for the last 48 years. ⬇️Things I used in this video: 1. Wrench Set: http://amzn.to/2kmBaOU 2. Sledge Hammer: http://amzn.to/2iasnep 3. Crowfoot Wrench Set: http://amzn.to/2kij4gO 4. Power Steering Fluid: http://amzn.to/2ides7g 5. Mechanic’s Tool Set: http://amzn.to/2Bzmccg 6. Steel Jack: http://amzn.to/2Asgjxo 7. Jack Stand: http://amzn.to/2jGOwBg 8. Shop Towels: http://amzn.to/2jxKone 9. Disposable Gloves: http://amzn.to/2zSRuxO 10. Common Sense 11. 4k Camera: http://amzn.to/2hZ4AxX 12. Mini Microphone: http://amzn.to/2newgV9 13. My computer for editing / uploading: http://amzn.to/2i2sKYz 14. Video editing software: http://amzn.to/2jv5Fhf 15. Thumbnail software: http://amzn.to/2k7tz6C 🛠Check out my Garage to see what I use every day and highly recommend: https://www.amazon.com/shop/scottykilmer ❗️Check out the Scotty store: https://goo.gl/RwhRGU 👉Follow me on Instagram for the latest news, funnies, and exclusive info / pics: https://goo.gl/ohy2cA Consider subscribing and press the bell 🛎 icon to be notified of all new videos. And remember, every day (7 days a week), I upload a new video on the Scotty Kilmer Channel: https://www.youtube.com/user/scottykilmer Also, if you like my car help, be sure to watch my live car talk show, every Thursday afternoon at 1 CST and Saturday morning at 10 AM CST on YouTube. I answer your car questions LIVE there. Just check it out at: https://www.youtube.com/watch?v=yQtdBelbqdg Scotty Kilmer is a participant in the Amazon Influencer Program. #morescottystuff
Views: 701280 Scotty Kilmer
200 detroit police pension cuts
Argentina Seizes Pension Funds
STORY: From the floor of Argentina's stock exchange, traders watched as the country's benchmark index continued its plunge on news that private pension funds could be nationalized. President Christina Fernandez signed a controversial bill on Tuesday that would allow a government takeover of some $30 billion in pension funds. [Christina Fernandez, Argentine President]: "We are, sincerely I believe, at the end of an era at the world level, and I believe that what we are doing here today is a strategic decision in this international framework." The announcement drew applause - and drumbeats - from some who said the nationalization would guarantee pensions at a time of global market turmoil. But critics see the plan as a money grab for a tight budget year as a drop in commodities hits one of the world's top exporters of grain. Some workers took to the streets of Buenos Aires in protest. [Aida Bergerot, Protester]: "We are 11 thousand employees with families, and no one is giving us any explanation." Argentina suffered the largest ever government default in 2001. Its debt obligations are expected to reach $12 billion in 2009. The country has a history of raiding pension funds, leading to doubts the government would protect retirement money. The bill must still clear the nation's Congress, where it faces a bumpy ride.
Views: 3737 NTDTV
Wilson Expects Ammann to Be GM's CFO for the `Long Haul'
March 10 (Bloomberg) -- Harry Wilson, a former adviser to President Barack Obama's Auto Task Force, discusses General Motors Co. Vice Chairman and Chief Financial Officer Chris Liddell's departure from the company. Treasurer Dan Ammann will succeed Liddell as GM CFO effective April 1. Wilson talks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Views: 124 Bloomberg
The Fight Against UAW Leadership and GM - Frank Hammer on Reality Asserts Itself (2/4)
In this episode Frank Hammer tells Paul Jay about being inspired by the national liberation movements and the struggle against concessions as a response to the outsourcing of jobs watch full episode: http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=10663
Views: 1498 TheRealNews
Union Jobs vs. Children's Lives: Which side are you on?
Congress has passed a $26 billion aid package that is intended to save the jobs of thousands of teachers, nurses, and other public-sector employees. To critics who call the measure a "special interest" bill, President Barack Obama says, "I suppose if America's children and the safety of our communities are your special interest, then it is a special interest bill." In politics everyone claims to be on the side of the children, but who really is? Pat DeLorenzo is a parent whose daughter suffers from epilepsy. Like roughly 10,000 other epileptic schoolchildren in California, eight-year-old Gianna suffers from the type of prolonged seizures that, without immediate attention, can result in brain damage or death. After witnessing the response of teachers and school nurses to one of his daughter's life-threatening seizures, Pat DeLorenzo now believes that teachers and nurses care more about protecting union jobs than saving epileptic children. DeLorenzo feared the worst when he receive a call from his daughter's school, informing him that she had suffered a seizure. Gianna survived that day, but DeLorenzo was outraged that school administrators had not given his daughter Diastat, a drug that stops seizures before they do permanent harm and is FDA-approved for use by laypeople. Today many schoolchildren must wait until an ambulance brings them to a hospital before they receive Diastat. That's much too long, says DeLorenzo who supports, SB 1051, a California bill that would allow trained non-medical volunteers to administer Diastat at schools. Epilepsy advocates like the Epilepsy Foundation and physicians groups like the California Medical Association have lined up to support the bill. Unions representing teachers, nurses, and other public employees have lined up in opposition, claiming the bill would put children in danger. Their solution: hire more school nurses. "The unions are not on the side of the kids," says DeLorenzo who believes unions are more interested in expanding their ranks than protecting epileptic children. "It's exactly the opposite," says Gayle McClean, southern section president of the California School Nurses Organization and a member of the California Teachers Association. "We care deeply for children and we want them to receive the most appropriate care and that means they need a licensed medical person caring for them." Sacramento lawmakers sided with unions and have refused to bring the bill up for a vote. The bill will officially expire on August 31. "Union Jobs vs. Children's Lives" is written and produced by Ted Balaker. Field Producers: Paul Detrick and Zach Weissmueller; Additional Camera: Austin Bragg, Production Associate: Sam Corcos. Approximately 7.30 minutes. Got to http://reason.tv/ for HD, iPod, and audio versions of this and all our videos and subscribe to Reason.tv's YouTube Channel to receive automatic notification when new material goes live.
Views: 35099 ReasonTV
[BadComedian] - Красный Воробей (RUSSIAN Pataskyshka vs. USA)
#BadComedian обзор фильма Красный Воробей. Когда голливуд снимает про Россию. [ ПОДДЕРЖАТЬ СОЗДАНИЕ ОБЗОРОВ - http://TheBadComedian.ru/ ] ======================== Группа ВК - http://vk.com/badcomedian Фан-сайт - http://badcomedian.su/ Страница FB - https://www.facebook.com/thebadcomedian Твиттер - http://twitter.com/EvgenComedian Инстаграм - http://instagram.com/evgenbad Основной канал - http://www.youtube.com/TheBadComedian =========================== Обзоры пишутся на камеру: SONY A7M3 https://www.sony.ru/electronics/interchangeable-lens-cameras/ilce-7m3-body-kit?cid=pr-eu-10345 Используются объективы: FE 12-24mm F4 G (https://www.sony.ru/electronics/obiektivy/sel1224g?cid=pr-eu-10345 ) FE 100mm F2.8 STF GM OSS (https://www.sony.ru/electronics/cyber-shot-compact-cameras/dsc-rx100m5?cid=pr-eu-10346) и старый добрый FE 4/24-70 (https://www.sony.ru/electronics/obiektivy/sel2470z?cid=pr-eu-10345)
Views: 5333660 BadComedian
Delphi workers pension rally
When the government bailed out GM they forgot about Delphi and the budget cuts they would need to get out of bankruptcy. Former employee's are gathering to get back what is owed to them.
Views: 571 NBC25
What doctors don't know about the drugs they prescribe | Ben Goldacre
When a new drug gets tested, the results of the trials should be published for the rest of the medical world -- except much of the time, negative or inconclusive findings go unreported, leaving doctors and researchers in the dark. In this impassioned talk, Ben Goldacre explains why these unreported instances of negative data are especially misleading and dangerous. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://www.ted.com/translate Follow TED news on Twitter: http://www.twitter.com/tednews Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector
Views: 491756 TED
5 -  Illinois Pension Scam, by Bill Zettler
THIS WEEK ON CHAMPION NEWS- Candidate... DR BARBARA BELAR! To keep with the theme....  Mamma Grizzly- Conservative Women Month   Barbara was born and raised on the Southwest side of Chicago, both her 
parents were born in Illinois, as well as her 3 sisters and 1 brother. 
She attended St. Joseph and St. Anne grammar school, followed by two 
years at Kelly High school and then graduated from Lourdes High School. 
She worked for 4 years at Illinois Bell Telephone Co. before entering 
the convent to become a Benedictine Nun. Subsequently, she pursued her 
undergraduate education at Mundelein College/Loyola Univ , completing a 
B.A. in Psychology and a B.S. in Biology. She worked in endocrinology 
research at both the University of Chicago, and Loyola University while 
receiving her Teacher's Certification, and then completing a B.H.S. as 
a Physician Assistant. Continuing on her path of working and studying, 
she completed Medical School and an Intern year at New York Medical 
College and then completed a Family Practice Residency at University of 
Illinois. She continued working full-time and completed her law degree 
at both St. Louis University and John Marshall Law School. While 
working full-time as a physician, she recently completed a Master's 
degree in Bioethics and Healthy Policy at Loyola, and is currently 
completing another Master's in Public Health. During these years she 
also had the privilege of being a member of the Army Reserves and is a 
Veteran Army Major and has been adjunct teaching faculty at DePaul 
University, and continues regularly as adjunct faculty at Benedictine 
University, teaching "Ethical and Political Issues in Public Health". 
She lives with her husband, Harold P. Welsch, who is an 
entrepreneurship professor at DePaul University. Both are active in 
their church and volunteer in local community activities. Barbara is a 
life-long learner and avid mentor for many students and patients who 
benefit from her guidance. She enjoys biking, motor scooters, swimming, 
reading, endless walking, Ping-Pong, horseshoes and bowling. Barbara 
has a great love for dogs and horses, as well as animals in general. 
Barbara is finally a candidate you can believe in, you can have faith 
in her integrity and ethics. Barbara's life by any measure has been a 
life of service in law, medicine, ethics, military, religion and 
education. If you want something done give it to a busy person, Barbara 
has more than proven her commitment to excellence and personal 
discipline. She will serve Illinois in a shining manner and restore our 
pride in this great state.
 Carol Ann Parisi Founder/Chairman-AWAKEN AMERICA!!!-To The Great Awakening www.awakenamerica.us Champion News Talk Radio Co-Host/Producer WIND AM 560 Sunday Mornings 8 AM Championnews.net www.ElectBellar.com
Views: 268 ChampionNewsOnline
If You Think Your State is Broke Now, Just Wait Til The Pension Bomb Explodes!
Unless you've been pulling a Rip Van Winkle for the past few years, you know that your state is more busted than Larry Craig in an airport toilet. The only possible exception is the state of Denial, and it closed its borders to new arrivals sometime in late 2008. One of the main drivers of this sorry state of affairs is the massive disparity between public-sector and private-sector compensation, especially when it comes to benefits such as pensions. Various studies have found anywhere between a 70 percent and a 34 percent differential in total compensation, with public-sector employees getting not just more pay and benefits but near-absolute job security and early retirement. Consider California, where Reason magazine reports, "A bipartisan bill...passed virtually without debate unleashed the odious "3 percent at 50" retirement plan in 1999. Under this plan, at age 50 many categories of public employees are eligible for 3 percent of their final year's pay multiplied by the number of years they've worked. So if a police officer starts working at age 20, he can retire at 50 with 90 percent of his final salary until he dies, and then his spouse receives that money for the rest of her life. Even during the economic crisis, "3 percent at 50" and the forces behind it have only become more entrenched. In the midst of California's 2008--09 fiscal meltdown, with the impact of deluxe public pensions making daily headlines, the city of Fullerton nevertheless sought to retroactively increase the defined-benefit retirement plan for its city employees by a jaw-dropping 25 percent. What's more, the Fullerton City Council negotiated the increase in closed session, outside public view." Unfunded state pension liabilities run in the neighborhood of $1 trillion. There is a solution to this mess, the same solution that has been adopted by the private sector over the past several decades: switching from defined-benefit retirement plans to 401(k)-style defined-contribution plans. In a state such as Ohio, which is facing a $8 billion budget deficit and where state and local employees earn about 34 percent more in total compensation than their private-sector counterparts, bringing public-sector compensation into line with the private sector would cut the state's deficit by about 28 percent. The alternative? Well, there isn't really one, other than destroying your state's economy. The politics of cutting public compensation are never easy but they have also never been more critical. Go to http://reason.com/blog/2010/08/27/if-you-think-your-state-is-bro for more info and resources. Video produced by Josh Swain. Approximately 23 seconds. Go to http://reason.tv for downloadable versions of all our videos.
Views: 18859 ReasonTV
New jobs for the retirement
[Anchor] The rising number of senior citizens combined with the low birthrates make the pension system difficult to manage. To solve this problem, the SMBA, or Small and Medium Business Administration, has been working towards a solution by encouraging retired seniors to participate in the labor market. Olivia Hur has the report. [Reporting] The active workforce, aged between fifteen and sixty four, must support the senior population financially. The ratio of dependent seniors to workers is rising, with the current ratio being one to six point six. By two thousand twenty two, it is expected to be one to four and by two thousand thirty six, one to two. The retirement of the baby-boom generation, currently at fourteen point six percent of the total population, has kicked into high gear. We can expect one point five million new individuals crossing over into the retirement world within the next three years. The ever increasing population of retirees has become a social issue, as the current average life expectancy in Korea is eighty years of age. The SMBA has been working towards a solution in the form of a social policy. They have created over a thousand new jobs, specific for this target demographic of retirees, during the first half of this year. Mr. Young-geun Kim, a former fund manager at a securities firm, has applied his extensive experience at the Korea Habitat towards a domestic architecture start-up after completing a related course in a senior venture school. This house remodeling business has been full of opportunities for retirees. This business has been creating new jobs specifically for this demographic producing a weekly income of over three thousand dollars. Recently, there has been 9 new employees through this venture. [Interview - Yeong-geun Kim, CEO of Korea Habitat Remodeling] ~ Korea Habitat is mainly working on house buildings. Donors also wanted us to repair houses, however, because of the manpower shortage, we couldn't accept that. So for the purpose of focusing on house remodeling, we founded Korea Habitat Remodeling. Full-time homemakers are now entering the workforce by commercializing their culinary skills, making profits on the side. Perhaps they should now be referred to as "part-time homemakers." This space of 10 squared meters, full of tasty dishes like bean sprouts, napa cabbage kimchi, and cucumber pickles whet the appetite. Two-thirds of the net revenue is directed to help senior citizens who live alone as well as starving children. This is the result of the Senior Biz Plaza, run by the SMBA. [Interview - Young-hee Oh, CEO of A-sah-mo] ~ Since we are full time housewives, we didn't really know about business, but Biz plaza helped us with signing up for business licenses and also gave us tax-related advice. After that, when I was trying to enter the social enterprise, Biz plaza helped us on everything including paper work, and that helped us to be here today. Meanwhile, in the upcoming years, the SMBA will establish the "Senior Business Incubator" and begin conducting model operations to enhance the results by 2012.
Views: 307 itstvnz
Court rules Raucci's wife can keep pension payment, for now
Steven Raucci's wife will continue to collect her husband's monthly pension payments. The NYS Appellate Court overturned a lower court ruling that had frozen Raucci€™s pension payments while his victims reserved the right to sue for it. Raucci is the former Schenectady school facility manager who is serving 23 years-to life in prison for using bombs to target coworkers he perceived as enemies. Raucci's wife, who is his power of attorney, has been cashing his pension checks, totaling $79,000 annually, since he was convicted in 2010. The victim's sued for that money under the 'Son of Sam' law and the lower courts ruled in their favor. But the state's highest court overturned that ruling on Tuesday, saying the 'Son of Sam' argument was not preserved. Meaning, the attorneys did not originally argue that the €˜Son of Sam€™ law which allows victims to sue for all funds and property received from any source, should supersede the state€™s retirement and social security law which prevents pensions from being garnished. Raucci, the court ruled, never had a chance to object to it during his trial, so the case has been sent back to a lower court for review. It€™s a technicality that allowed the court to side-step a controversial issue about two state laws that seem to contradict one another. €œI think it's a very hot button political issue because there's a lot of pension money out there that could be subject to attachment or garnished if in fact the public official that's collecting the pension is within the ambit of the €˜Son of Sam€™ law, so if you've got a crooked politician and someone wants to grab their pension, I€™m sure there's a lot of attorneys that are looking at this case,€ says Doug Rose, a partner at Tully Rinckey who is not involved directly with this case. But those attorneys really didn€™t get an answer as to what the precedent will be moving forward. Raucci€™s attorney, Alan Pierce, who is also representing him in an appeal of his criminal conviction says he€™s pleased with Tuesdays decision but it€™s only a start, €œI believe strongly and have confidence that his conviction is going to be overturned and a new trial ordered in the case,€ Pierce tells CBS6. Steven Raucci is currently being held at the Clinton Correctional Facility in Dannemora.
Views: 243 CBS6 Albany
GM announces buyout plans
Hi! I'm Kristin Volk with today's UPI news headline on his Tuesday, February 12, 2008. The auto giant General Motors is offering lucrative buyouts to 74 thousand of its employees. That's GM's entire U.S. hourly workforce. The company is reportedly aiming to replace those workers with lower-paid new hires in an effort to shave losses in North America. The losses failed to make up for rising profits for GM overseas. Democratic Presidential hopefuls Hillary Clinton and Barack Obama are facing off today in three Mid-Atlantic primaries. Virginia, Maryland and Washington, DC are holding contests. Obama is predicted to do well in all three and build upon his wins in previous days. On the Republican side, Arizona senator John McCain hopes to regain momentum after recent losses to former Arkansas governor Mike Huckabee. But, Huckabee still trails far behind McCain in the number of delegates needed to secure the party nomination. The White House is announcing a plan today that will help homeowners who are facing foreclosure. The plan, called Project Lifeline, involves major lenders who have agreed to give more assistance to borrowers. It will reportedly allow homeowners who are overdue on their mortgages to suspend foreclosures for 30 days. During that time, they try to work out more affordable terms with lenders. It's not clear how many homeowners will be covered under the plan. The Southeast Asia country of East Timor (tee-more) has declared a 48-hour state of emergency. This comes one day after assassination attempts on its President Jose Ramos-Horta and the prime minister. An overnight curfew is being imposed and Australian security forces are expected to arrive today to provide more security. Meanwhile, Ramos-Horta remains in an induced coma after being shot twice in the back. Thanks for watching today's webcast, and join us tomorrow for more news and updates.
Views: 1053 UPIVideo
Evion 400 Vitamin - E Capsules For Skin And Hair Care Full Review In Hindi
You Can Connect With Me On Email : anmolhindireview@gmail.com Thank You For Watching If You Liked The Video Please Hit Subscribe . -------------------------------------------------------------------------- Subscribe To Our YouTube Channel : https://youtube.com/anmolhindi ------------------------------------------------------------------- Stay Connected To Anmol Hindi https://plus.google.com/+anmolhindi https://twitter.com/anmolhindi
Views: 210995 anmol hindi
Obama Treasury Destroy Delphi Workers Pensions
In what may be the most selfish act imaginable it is being disclosed that Timothy Geithner head of Obama's Treasury Department took away the pensions of 20,000 Delphi employees while protecting their subsidiary GM pensions, because they were not union employees.
Views: 154 DailyWorldwideNews
Saturn outlook gmc acadia ac fix
This was a quick fix to my not having air conditioning in my vehicle. It turned out to be I needed to replace the valve core on the low pressure port. Then I had to refill the system.
Views: 87686 ccsurep
A Cautionary Tale You Need To Hear
Topics: A cautionary tale you need to hear. - Humberto (Oakwood, Georgia) wants to know if he should sell his car. - Warnings against pensions and social security. - Dennis (Arkansas) is researching if he should keep his TSP account. - Aubrey is going to save $900 a year. http://scottalanturner.com/show097 Links mentioned on the show: Pound Foolish, The Dark Side Of The Personal Finance Industry Central States Pension Fund - http://money.cnn.com/2016/05/20/retirement/central-states-pension-fund/ General Motors Pensions and Bankruptcy - http://www.freep.com/story/money/2015/05/14/general-motors-uaw-retiree-healthcare-bankruptcy/27307989/ To get your free guide How To Save $1,000 In One Week text the word ROCKSTAR to 44222 Subscribe To The Show I will help you get out of debt, save more money, and retire early http://GetFR.com Ask Me A Personal Finance Question http://GoAskScott.com Download the show transcript http://1bp5yi30zpi36aeiy29wbvdr.wpengine.netdna-cdn.com/wp-content/uploads/2016/06/transcription-sat097.pdf Follow me http://www.facebook.com/scottalanturner23 https://twitter.com/scottalanturner https://www.instagram.com/scottalanturner
Views: 78 Scott Alan Turner
Central Falls Pension Haircut
143 retirees is Central Falls, RI are asked to give up part of their pensions
Views: 306 PensionTsunami
Money Supply Drops, Last Time This Happened It Ended In A Disaster - Episode 1338a
Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rnp-CySclyhxyjA4f14WQ Join the X22 Report On Steemit: https://steemit.com/@x22report Get economic collapse news throughout the day visit http://x22report.com Report date: 07.21.2017 IMF executive board decides to give Greece a conditional loan but wants more austerity and a plan to reduce debt. Sales are plunging for GM, they are closing plants, laying off workers and discontinuing cars. Pensions are in trouble, many corporate pensions are underfunded and it is only going to get worse. The myth that there was cash on the side lines, is just that a myth, there is no more cash on the side lines.  The money supply has dropped and we have seen this back in 2008, this is an indicator that the economy is entering a recession. The central banks are panicking, once they announced that stimulus is ending the market took a dive, the central bank then backtracked on everything . All source links to the report can be found on the x22report.com site. Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. Intro Video Music: YouTube Free Music: Cataclysmic Molten Core by Jingle Punks Intro Music: YouTube Free Music: Warrior Strife by Jingle Punks Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo. The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence before making any significant investing decisions.
Views: 24237 X22Report
How to Start Going to the Gym
Leave a LIKE if you guys enjoyed! Watch me LIVE @ http://MLG.tv/Censor Subscribe if you’re new :) http://tinyurl.com/yan2bm74 Please leave a like if you enjoyed! Watch More Workout Videos: https://www.youtube.com/playlist?list=PLNYfU5gmZtzbEV-dG-PQaV-Y7uFreVQR2 FOLLOW ME ON SOCIAL ▶ Twitter: @FaZe_Censor ▶ Instagram: @FaZe_Censor ▶ Snapchat: @FaZe_Censor Check out my WORKOUT videos here: http://bit.ly/FaZeCensorWorkOut Check out my MOST POPULAR videos here: http://bit.ly/FaZeCensorMostPopular Check out my PRANKS here: http://bit.ly/FaZeCensorPranks Watch ALL MY VIDEOS: http://bit.ly/FaZeCensorVideos For Business/Integration/Promotion requests please email my agent: mgordon@fullscreen.com Gymshark's Website - http://bit.ly/Gymshark_FaZeCensor Code "CENSOR" for 5% off SCUFS http://SCUFGaming.com Code "CENSOR" for 10% off GFUEL http://www.gfuel.com/censor About FaZe Censor I’m a professional gamer that enjoys working out and I do my best to inspire as many people as I can to follow their dreams. How to Start Going to the Gym https://www.youtube.com/watch?v=kfg549nWwvI FaZe Censor https://www.youtube.com/CENSAT1ON
Views: 2099192 FaZe Censor
Ford Lump Sum Buyout:  Pension Plan Assets & Company Liability
Leon Labrecque, one of the nation's experts on the Ford Retiree and the Ford Lump Sum Buyout, addresses Ford Motor Company's decision to offer retirees this buyout option. --- LJPR, LLC is a fee-only financial advisor and wealth management firm that specializes in retirement planning, investment management, estate planning and tax planning. We have been providing financial services to our clients for over 20 years and our staff of professionals offers a diverse and complete range of services that we believe is unmatched in the area. http://ljpr.com/ Statements contained herein represent the views and opinions of the adviser as of the date of this posting and may change without notice at any time based on market and/or other conditions and may not come to pass. This material is for informational and educational purposes only and is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment, or tax advice. The information presented does not take into account the specific objectives, financial situation, or particular needs to any specific person. Any forward looking statements speak only as of the date they are made, and LJPR LLC assumes no duty and does not undertake to update forward looking statements. Information was obtained from third party sources, which we believe to be reliable but not guaranteed. All investments carry a certain degree of risk, including a possible loss of principal, and there is no assurance that any investment will provide positive performance over any period of time.
Views: 750 LJPRvideos
General Motors Latest News: Taxpayers to Make $1 Billion From GM Stock Sale
Taxpayers to make $1 billion from GM stock sale Taxpayers will take in $1.03 billion in proceeds from the planned Treasury Department sale of General Motors stock. http://rss.cnn.com/~r/rss/money_latest/~3/1LSjCg17NTo/index.html Treasury says to sell more GM shares to wind down remaining stake The Treasury Department said it will begin another round of sales of the General Motors Co stock it acquired during the government's bailout of the U.S. auto sector. http://feeds.reuters.com/~r/reuters/businessNews/~3/pqBXs7BsQLk/story01.htm NHTSA probes air-bag issue in 400,000 GM cars Safety regulators are investigating whether to expand a General Motors recall to 400,000 vehicles to address a potential issue with the driver-side air bag. GM previously recalled 6,845 cars, including the 2012 Chevrolet Cruze, Sonic and Camaro and the 2012 Buick Verano, for the problem.. http://news.yahoo.com/nhtsa-probes-air-bag-issue-400-000-gm-161028192.html http://www.wochit.com
Views: 113 Wochit News
Andy Lear, BKD, LLP -- Quality of Life -- 2009 Police-Fire Pension Fund Issue, Springfield, Missouri
The Chamber Board of Directors has endorsed the November 3 ballot issue of the proposed ¾-cent sales tax increase that will be directed solely to the Police/Firefighters Pension Fund. We encourage all Chamber members to vote "yes on November 3 to help our community move forward. The decision before Springfield voters is about more than just whether or not to increase the sales tax, but really about whether Springfieldians can retain local control over the City budget and our communitys future quality of life. The pension fund has a current unfunded liability that is approximately $204 million. To put the scope of the problem in perspective, the Citys General Fund budget is about $70 million annually. City contributions to the pension fund have been at more than 50 percent of employee payroll the past two budget cycles, largely decimating City support for any non-pension services and programs including public safety. The City of Springfield has a legal obligation to provide the earned benefits and if funding is not available to honor those commitments the City faces the likelihood of civil litigation. An attorney representing the police and fire associations has been candid about plans to sue the City if the ballot issue fails. According to Mayor ONeal, neither case law nor state law would be on the side of the City of Springfield should the matter be taken up in a court of law. Now is the time for Springfield to deal with this critical issue head-on and not leave the decision up to the courts. It is time to eliminate this roadblock to other civic endeavors. It is time to get the City out of the local self-funded pension business. It is time to Vote Yes and help Springfield move forward. Why is now the right time to support this ballot proposal? Citizen Task Force A 16-member Police-Fire Pension Fund Citizens Task Force thoroughly researched the pension fund issues for months and determined this proposal was the best solution. Close the plan New police and fire employees will be enrolled in the statewide LAGERS system for public employees. Current Tier II employees could also move voluntarily to LAGERS. LAGERS is a stable, well-funded and professionally managed fund that covers all other City employees. Benefits offered by LAGERS are set by state statue and are not subject to local negotiation. Additional funding commitments City Council pledged to put net proceeds from telecommunications settlements and the sale of city properties into the pension fund. No new taxes A resolution passed by City Council pledges not to initiate any new citywide sales taxes for at least five years. Set a sustainable city contribution rate The City will contribute 35 percent of payroll for Tier I police-fire employees to the pension fund. In recent years, that contribution rate has been as high as 52 percent, taking a significant portion of available general revenue funds. With reduced funding for other city services such as public safety, transportation infrastructure and parks, our community's high quality of life risks being compromised. For more information and analysis about the Police-Fire Pension Fund, and to see additional steps the City is taking to adequately fund it, please visit http://www.springfieldchamber.com/policefireballotissue .
The Pension Debate: Obligations, Shortcomings and Reform
Public employee pensions have emerged as a major issue in New York, which operates the third largest pension plan in the United States. Long Island Business Report takes an in-depth look at how public employee pensions affect Long Island taxpayers, employers and workers.
Views: 165 THIRTEEN
Newsmaker Sunday: Sal DiCiccio & Tom Simplot
FOX 10's John Hook talks to Phoenix City Councilman Sal Sal DiCiccio and former Councilman Tom Simplot about something voters will be dealing with in November 2014: Proposition 487. This would completely revamp how pensions are handled for city of Phoenix workers. 8/17/14
Views: 1446 FOX 10 Phoenix
Stifel Nicolaus Sees 3-6 Months For GM To Fix Inventory Issue (GM)
Stifel Nicolaus analyst Jeff Osborne said in a note that GM's (NYSE:GM) Volt inventory may take 3 - 6 months to work through unless there is a "significant increase" in monthly sell-through. GM announced late Friday that it was halting production of the Volt March 19th through April 23rd. General Motors Co. manufactures and markets new cars and trucks. The Company offers features for special needs drivers, OnStar vehicle protection, service, parts, accessories, maintenance, XM satellite radio, features for commercial owners, and more. General Motors offers its vehicles and services worldwide. SmarTrend is bullish on shares of General Motors and our subscribers were alerted to buy on January 06, 2012 at $22.64. The stock has risen 16.9% since the alert was issued.
Views: 145 FinancialNewsOnline
Crochet Knit (Tunisian crochet) by Red Heart with Kathleen Sams
Create a stitch that uses a crochet hook but looks like knitting. ---- Subscribe to our channel! https://www.youtube.com/user/redheartyarns ---- Connect with us on social media: Facebook: https://www.facebook.com/redheartyarns/ Instagram: https://www.instagram.com/redheartyarns/ Pinterest: https://www.pinterest.com/redheartyarns/ Twitter: https://twitter.com/redheartyarns Tumblr: http://redheartyarns.tumblr.com/ Google+: https://plus.google.com/b/110380839059007647248/110380839059007647248
Views: 7750 Red Heart Yarns
The Big Government Conspiracy: Q&A with Steve Malanga of the Manhattan Institute
Today's Tea Party movement germinated from local taxpayer groups focused on issues like school spending and property taxes, says Steve Malanga, a senior fellow at the Manhattan Institute and author of the new book, Shakedown: The Continuing Conspiracy Against the American Taxpayer. Malanga's work focuses on how national trends often grow out of local ones. In his last book, The New New Left, he looked at how a coalition of public-sector unions and government-backed social activists came to control the machinery of local governments. In Shakedown, he shows how this group continued its march all the way to the White House. Reason.tv's June Arunga sat down with Malanga to talk about how this coalition has pushed government at all levels to the brink of bankruptcy and what reforms are needed to combat its vast influence. Approximately seven minutes. Shot by Jim Epstein and Meredith Bragg. Edited by Josh Swain. Go to Reason.tv for download-able HD, iPod and audio versions of this video and subscribe to Reason.tv's Youtube channel to receive automatic notification when new material goes live.
Views: 7061 ReasonTV
The Truth About Detroit's Bankruptcy
Stefan Molyneux breaks down the truth about Detroit's recent bankruptcy including debt, unfunded pensions, health care liabilities, legalities, unemployment, income, poverty, tax burden, education, police, crime, white flight, racial divide, corruption, more bankruptcies coming, bailouts, and comparisons to the United States economy. Sources: http://board.freedomainradio.com/topic/36614-the-truth-about-detroits-bankruptcy/ Freedomain Radio is 100% funded by viewers like you. Please support the show by signing up for a monthly subscription or making a one time donation at: http://www.fdrurl.com/donate Bitcoin Address: 1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Litecoin Address: LL76SbNek3dT8bv2APZNhWgNv3nHEzAgKT Get more from Stefan Molyneux and Freedomain Radio including books, podcasts and other info at: http://www.freedomainradio.com Stefan Molyneux's Social Media Facebook: https://www.facebook.com/stefan.molyneux Twitter: https://twitter.com/stefanmolyneux Google+: https://www.google.com/+StefanMolyneux_Freedomain_Radio Linked In: http://www.linkedin.com/pub/stefan-molyneux/5/72a/703 Freedomain Radio Social Media Facebook: https://www.facebook.com/Official.Freedomain.Radio Twitter: https://twitter.com/freedomainradio Google+: https://www.google.com/+FreedomainradioFDR LinkedIn: http://www.linkedin.com/company/freedomain-radio Message Board: http://board.freedomainradio.com Meet-Up Groups: http://www.meetup.com/Freedomain-Radio/ Blogspot: http://freedomain.blogspot.com/ iTunes Podcasts: https://itunes.apple.com/us/podcast/freedomain-radio!-volume-6/id552010683
Views: 464279 Stefan Molyneux
Transit Strike Begins, Sending Commuters Scrambling
Transit workers in Philadelphia are hitting the picket lines Tuesday and commuters are scrambling to make alternate plans after the city's main transit agency and a union representing about 4,700 workers failed to reach a contract agreement. The union went on strike at 12:01 a.m. Tuesday, shutting down Southeastern Pennsylvania Transportation Authority buses, trolleys and subways that provide about 900,000 rides a day. The strike does not affect commuter rail lines and service in areas outside the city. "Despite months of constructive and innovative proposals from our side of the table, management has refused to budge on key issues including safety issues that would save lives and not cost SEPTA a dime," said TWU Local 234 President Willie Brown, who heads the union's negotiating team. "There is no new agreement, so we are on strike." Brown said union members will not report for their shifts at SEPTA, and will instead report for picket duty. SEPTA expressed its disappointment in the decision in a statement released shortly after the strike was announced. "The decision by TWU President Willie Brown leaves thousands of SEPTA customers without the transit services they rely on for travel to and from work, school and medical appointments," said SEPTA, adding that it remained "ready and willing" to continue bargaining. Brown said the two sides remain far apart on pension and health care issues as well as noneconomic issues such as shift scheduling, break time and other measures that affect driver fatigue. SEPTA said it is hopeful that a tentative agreement will be reached before Election Day. http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2016-11-01-US--Philadelphia%20Transit-Contract/id-26f7106d8f784433b4122443f01498d0 http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com
Views: 159 Wochit News
The 1970 General Motors Strike - Part 1 (Pre-Strike)
The 2007 auto union-management negotiations spotlighted the economic difficulties into which the industry has fallen. The 2007 outcome is in contrast with the situation in 1970 when the United Auto Workers chose GM as the target company. GM was so big that certain plants which supplied other auto firms had to be kept going by the union to avoid shutting down production at the other firms. (The union's strategy was to strike one firm at a time.) The lengthy strike was big enough to affect the national GDP. In the background was acceleration of inflation in the late 1960s. In 1967, the union agreed to a cap on its COLA (cost-of-living adjustment or escalator clause), apparently not anticipating the inflation that would occur. Thus, one of the issues in the 1970s strike was uncapping the COLA. In the second clip of Part 1, note that the GM representative raises the issue of inflationary settlements. But the Nixon administration at that point did not react. Only a year later, however, it imposed anti-inflation wage-price controls. The clips in this series (there are 3 parts) give a hint of the tension in the union between the US and Canadian locals. (In the 1980s, the Canadian locals split off from the UAW and formed a separate Canadian union.) Part 2 of this series contains interviews with strikers concerning the costs to them as the strike continues. Prior savings, availability of food stamps and welfare, and working spouses are discussed. The role of the FMCS mediator - pushing for a settlement - is mentioned. Part 3 deals with the tentative settlement. Diverse views within the union are depicted. The final clip also provides a cost-benefit analysis of the strike that is questionable in the context of an ongoing bargaining relationship in which the parties renegotiate every few years.
Views: 6777 danieljbmitchell
Walmart: The High Cost of Low Price • FULL DOCUMENTARY FILM • BRAVE NEW FILMS
The film exposes Wal-Mart's unscrupulous business practices through interviews with former employees, small business owners, and footage of Walmart executives. SUBSCRIBE: http://www.youtube.com/subscription_center?add_user=bravenewfilms BRAVE NEW FILMS BOXED SET: http://www.bravenewfilms.org/10thanniversary (2:22) - How Walmart Destroys Communities - Whether it's a family rum hardware store or a small eye glass store, when Walmart opens in small towns like Middlefield, Ohio long established, independently run stores are hurt. The Hunter family open H&H Hardware in 1962. When a new Walmart was build in town, they were driven out of business. (15:20) - How Walmart Profits from Poverty (And Sticks Taxpayers With The Bill) - Walmart stores are frequently short staffed, not because they can't find workers but because they want to save on their labor experiences. This comes from the top, the corporate doesn't budget enough money for payroll. Because Walmart doesn't pay fair wages, their employers need to go on public assistance programs. (25:13) How Walmart Rolls Back Worker's Rights - Walmart is one of the most anti-unoin companies in America. Store managers keep an eye on employees they suspect are either sympathetic to unions or are active union organizers. (33:56) - Walmart Cheats Workers - It is estimated that they cheated workers out of $150 million dollars. Walmart would teach managers how to digitally change people's time cards as not to pay overtime and reduce store experiences. (44:35) -Subsidies - The subsidies Walmart gets from city governments takes funding away from public schools. When Walmart opened stored in Denver, they got $1.7 million in city subsidies, if the money had gone to the Denver Public Schools system, they wouldn't had have to shut down three schools. Subsidies also give Walmart an unfair business advantage over small, locally owned stores that offer better pay and benefits for their workers. (54:46) - Environmental Ruin -In Belmont, North Carolina, a Catawba Riverkeeper noticed that runoff from herbicides and pesticides was flowing into the river and polluting the town's drinking water. It was only after the local news aired a report on the water contamination that a local manager moved those toxic substance to a better storage site. The company's main offices were unresponsive. (1:00:10) - Imports From China - In China, factory workers can live in dorms owned by Walmart - workers pay rent and utilities. If they move out of the dorms, to live in a place not connected to Walmart, they still have to pay rent for the dorms. Workers work in factories with poor ventilation. They are told to lie to inspectors about how many days they work: six, when they really work seven days a week. All of this to make less than $3 a day. (1:12:33) - Greed - Lee Scott, the CEO of Walmart made $27,207,799 in 2005 when, the average Walmart hourly sales employee made $13,861 annually. The family who owns Walmart, the Waltons, is one of America's wealthiest family, yet they barely give anything to charity. They are worth $102 billion. (1:16:10) - No Security - Kidnappings, robberies, and car jackings...80% of crime that occurs at Walmarts in California takes place in the stores' parking lot, yet most of the stores' security officers are posted within the store. As early as 1994, Walmart knew that it had issues with its' parking lot security, but they hid these internal reports. They also knew that adding roving patrols in parking lots greatly reduce crime (1:25:06) - Taking Control - Walmart is a powerful corporation! However, we can beat them. Two communities, one in Arizona and another in Southern California did just that! They stopped a Walmart from coming into their communities. ABOUT BRAVE NEW FILMS Robert Greenwald and Brave New Films are at the forefront of the fight to create a just America. Using new media and internet video campaigns, Brave New Films has created a quick-strike capability that informs the public, challenges corporate media with the truth, and motivates people to take action on social issues nationwide. Brave New Films’ investigative films have scrutinized the impact of U.S. drone strikes; the war on whistleblowers; and Wal Mart’s corporate practices. The company’s films have received more than 56 million views online. WATCH our Feature Films - FREE! Set up a free screening in your community: screenings@bravenewfilms.org Like us on Facebook: http://www.Facebook.com/BraveNewFilms Follow us on Instagram: http://www.instagram.com/bravenewfilms
Views: 797523 Brave New Films
NPS India Tour 2017: Marnus Labuschagne
Queensland batsman Marnus Labuschagne talks about his time in India with the National Performance Squad.
Views: 2295 Cricket Australia
Detroit: Officially BANKRUPT!
Newslink: http://www.myfoxdetroit.com/story/22878374/detroit-files-for-chapter-9-bankruptcy DETROIT (WJBK) - At the height of its industrial power, Detroit was an irrepressible engine of the American economy, offering well-paying jobs, a gateway to the middle class for generations of autoworkers and affordable vehicles that put the world on wheels. But by Thursday, the once-mighty symbol of the nation's manufacturing strength had fallen into financial ruin, becoming the biggest U.S. city ever to file for bankruptcy -- the result of a long, slow decline in population and auto manufacturing. LIVE VIDEO: Gov. Rick Snyder will hold a 10 a.m. press conference Friday. Watch live coverage right here. Although the filing had been feared for months, the path that lay ahead was still uncertain. Bankruptcy could mean laying off employees, selling off assets, raising fees and scaling back basic services such as trash collection and snow plowing, which have already been slashed. Kevin Frederick, an admissions representative for a local career training school, called the step "an embarrassment." "I guess we have to take a couple of steps backward to move forward," Frederick said. Now city and state leaders must confront the challenge of rebuilding Detroit's broken budget in as little as a year. Kevyn Orr, a bankruptcy expert hired by the state in March to stop Detroit's fiscal free-fall, said Detroit would continue to pay its bills and employees. But, said Michael Sweet, a bankruptcy attorney in Fox-Rothschild's San Francisco office, "they don't have to pay anyone they don't want to. And no one can sue them." The city's woes have piled up for generations. In the 1950s, its population grew to 1.8 million people, many of whom were lured by plentiful, well-paying auto jobs. Later that decade, Detroit began to decline as developers started building suburbs that lured away workers and businesses. Then beginning in the late 1960s, auto companies began opening plants in other cities. Property values and tax revenue fell, and police couldn't control crime. In later years, the rise of autos imported from Japan started to cut the size of the U.S. auto industry. By the time the auto industry melted down in 2009, only a few factories from GM and Chrysler were left. GM is the only one with headquarters in Detroit, though it has huge research and testing centers with thousands of jobs outside the city. Detroit lost a quarter-million residents between 2000 and 2010. Today, the population struggles to stay above 700,000. The result is a metropolis where whole neighborhoods are practically deserted and basic services cut off in places. Looming over the crumbling landscape is a budget deficit believed to be more than $380 million and long-term debt that could be as much as $20 billion. In recent months, the city has relied on state-backed bond money to meet payroll for its 10,000 employees. Orr made the filing in federal bankruptcy court under Chapter 9, the bankruptcy system for cities and counties. He was unable to persuade a host of creditors, unions and pension boards to take pennies on the dollar to help with the city's massive financial restructuring. If the bankruptcy filing is approved, city assets could be liquidated to satisfy demands for payment. Orr said Thursday that he "bent over backward" to work with creditors, rejecting criticism that he was too rigid. "Anybody who takes that position just hasn't been listening." The bankruptcy could last through summer or fall 2014, which coincides with the end of Orr's 18-month appointment, he said. Gov. Rick Snyder, who called bankruptcy the "one feasible path," determined earlier this year that Detroit was in a financial emergency and without a plan for improvement. He made it the largest U.S. city to fall under state oversight when a state loan board hired Orr. Creditors and public servants "deserve to know what promises the city can and will keep," Snyder wrote in a letter that was part of the filing. "The only way to do those things is to radically restructure the city and allow it to reinvent itself without the burden of impossible obligations." A turnaround specialist, Orr represented automaker Chrysler LLC during its successful restructuring. He issued a warning early on in his tenure in Detroit that bankruptcy was a road he preferred to avoid. Some city workers and retirement systems filed lawsuits to prevent Snyder from approving Orr's bankruptcy request, said Detroit-area turnaround specialist James McTevia. They have argued that bankruptcy could change pension and retiree benefits, which are guaranteed under state law. Read the Rest at the link: http://www.myfoxdetroit.com/story/22878374/detroit-files-for-chapter-9-bankruptcy
Views: 547 ColorOfCrimeUSA
All the President's Newsmen
With the proliferation of news on the Internet, Americans aren't supporting their local newspapers. Circulation and ad revenues are way down, while web readership—where the news is likely to be free and up-to-the-minute—is way up. Technology has changed the game. But for those who see a connection between American democracy and the demise of the newspaper industry, it's time to get the government involved to save the news business. Sen. Ben Cardin (D-Md.) has introduced the Newspaper Revitalization Act, a bill that would allow newspapers to operate as nonprofits and Sen. John Kerry (D-Mass.) warns of the "serious consequences for our democracy" if his hometown paper, The Boston Globe, goes belly up. House Speaker Nancy Pelosi (D-Calif.) has publicly argued for an antitrust exemption to save the San Francisco Chronicle, a paper that has long supported her political career. Rep. Hank Johnson (D-Ga.) recently argued that "If Congress does not act...a major city in the United States will be without a newspaper in the fairly near future." Washington can give newspapers tax breaks or generous subsides to keep them afloat. There are many ways of extending the life of a terminally-ill by forcing onto life support. But why should the government support an industry that consumers are rejecting? "Most of those supporting a newspaper bailout were also critical of the medias behavior in the run-up to the Iraq War," says Reason senior editor Michael Moynihan. "Now imagine the reaction if the very same journalists wrote the very same stories about Iraq in 2002 but were reliant upon the Bush administration for their survival." For audio podcast, iPod-friendly, and HD versions of this video, along with links to relevant articles and other videos at Reason.tv, go to http://reason.tv/video/show/787.html Correction: The dollar amount of proposed new French tax subsidies to newspapers is misstated. The correct amount is $800 million.
Views: 11426 ReasonTV
Lew's View: Mayor de Blasio's resolutions
Mr. Lew Leone, the VP and GM of WNYW/FOX 5, has this commentary about the first year of the de Blasio administration -- and what comes next. He says all New Yorkers are hoping that it gets better in 2015. Mr. Leone has drawn up some proposed new year's resolutions for the mayor. --- I'm here at Gracie Mansion where Mayor Bill de Blasio has erected this high fence, without bothering to get a permit, to keep the people from looking in... leaving New Yorkers wondering what he has to hide. As 2014, the first year of the de Blasio administration, comes to an end, it may not seem to come fast enough for the new mayor who doesn't have many victories to celebrate. His lack of experience and lackadaisical attitude led to a series of missteps and embarrassing blunders. All New Yorkers are hoping that it gets better in 2015 and that we don't continue in this downward spiral. I've taken the liberty of drawing up some proposed New Year's resolutions for Mayor de Blasio. I, Bill de Blasio, mayor of New York City, hereby resolve that in 2015 I will: React quickly and efficiently in severe weather situations by making sure the Sanitation Department removes snow from city streets, without discrimination of any neighborhoods or boroughs (including those on the Upper East Side). Also during severe weather, act responsibly for all New Yorkers and close public schools instead of putting our children in danger while almost half of the teachers stay home. Refrain from hitting the snooze button and get out of bed to be early (or at least on time!) for meetings. And maintain the discipline necessary to arrive on time for all functions, affairs, press conferences and memorials including the 14th anniversary of Flight 587 on Staten Island. Not fumble the new Staten Island Chuck. Not take over 7 months to fill important jobs like commissioner of Department of Buildings and replace crucial high-level administrative positions quickly. Not say dumb things, for instance I said "case closed" when questioned about Rachel Noerdlinger and then I had to fire her. Not make promises I can't keep, like saying I would ban carriage horses on day one. Actually visit the horse carriage stables to see how the horses are treated. Show police and firefighters the same kind of love I gave to the teacher's union in their new contract. Never again pick a fight with Eva Moskovitz. Quit stalling and develop a real plan to fix the city's 250 failing schools. Open up Gracie Mansion for tours like I promised to do by last September. Give up all attempts to raise taxes that must be approved by Governor Cuomo like my current idea to tax high-end apartments. Admit that the dump on the Upper East Side is a bad idea and contrary to my vision zero initiative. And then figure out how in the world this got passed while there are multiple miles of non-residential, abandoned and vacant locations on the West Side. I will work hard to fix the frightening numbers of homeless people in NYC, which has grown to crisis level over the last 10 months. I will refrain from self-appointing any more family members to non-existent, unelected official government positions. And I will remember that I work for the people of New York. I will lead this city by example and exude transparency and an ethical culture. I get paid by you and I will re-open the mayor's house, Gracie Mansion for public tours, as I promised. Have my staff fix this poster that shows pedestrians crossing against the light and not looking in the right direction. Strive for better Halloween costumes. Try not to use Dante every time I get in a jam. While there is plenty of downtime to work out, put off the urge to do so instead of attending the funeral of a prominent and revered politician like Herman Badillo. ... So here's to a happy new year in 2015 and hoping that Bill de Blasio can show some maturity, leadership and discipline to achieve his ambitious resolutions.
Views: 5796 Fox5NY
Mitsubishi - Fighting for our members as a plant closes
When Terry Williams started her job at the Mitsubishi Motors North America (MMNA) plant in Normal, Illinois, in 1989, she said it was like winning the lottery. For the next 26 years, she continued to build her life, raised a son and had a job she loved and cherished. Then at the end of July, with just three years left until her retirement, Williams and her coworkers learned that their plant would close. Nothing could prepare her and the 994 other members of Local 2488 for the shock and devastation that now faced them. “It’s devastating. It really truly is devastating. I’m crushed,” Williams said. “There are days that I cry, there are days that I’m OK with it, and there are days that I think, ‘I’m not going to come in here anymore.’” With the plant closing and the current UAW contract ending Aug. 27, a new contract had to be made in order to give the membership security and an exit plan until all production stopped. Although nothing in the collective bargaining agreement would erase the anxiety and uncertainty of knowing they would soon be without jobs, it helped cushion the blow and gave options to members that simply would not be available had they not had a union. Local 2488 Bargaining Chairman Roger Goodwin and the rest of the UAW bargaining team worked hard and tirelessly to ensure that he and his co-workers left with the best possible severance package. “Prior to the bargaining we went through, only 8 percent could retire with full pensions. After we negotiated the severance package, 60 percent of our members can now retire with full pensions,” Goodwin said. “That’s a pretty big deal. Everyone is entitled to a lump sum depending on age and years of service. Also, almost every member has either retiree healthcare available or healthcare continuation for up to 16 months or the ability to cash out.” Goodwin added, “The average age in the plant is about 54 years old and 90 percent of them have been here between 26 to 28 years. This is going to force many of them to leave the area and relocate to new jobs. The community will really be hurt by this.” Nearly three decades ago, when ground was broken in the metropolitan town outside of Bloomington, Illinois, workers were excited about their future. Roberto Avina remembers the excitement of getting a job at MMNA, but he also recalls the longevity of the plant was called into question since the first car rolled off the production line. “Since I started back in ’89, they were telling me that the plant was going to last only 10 years.” The chartering of UAW Local 2488 soon followed on Aug. 28, 1989, making Mitsubishi’s only U.S. manufacturing facility the first transplant auto manufacturer to have its workforce become UAW members. For then-Region 4 Director and now-UAW President Dennis Williams, it was a proud and historical achievement in union organizing. Avina continued: “After we became a UAW plant, it helped me to get another 16 years after that.” For a smaller car company, having an auto plant in the United States was always a struggle as Mitsubishi continually faced tough competition globally in car sales. With a plant closure in perpetual conversation, hope would come in 2011 when the UAW worked with the company and state to secure a new car line to be built at the plant. “It’s been kind of stressful because you never knew from day-to-day how long this would continue to go on because we were just plugging along day-by-day, really losing money,” Jerry Harcharik said. Local 2488 and Mitsubishi tried several ways to keep product in the plant, including negotiating a deal that landed production of the Outlander Sport. But sadly, it still wasn’t enough as the automaker continued to face struggles. On July 24, Mitsubishi announced the plant would end production. Since the announcement of the plant closing, the community rallied behind the workers at the plant. A task force -- made up of representatives from Mitsubishi and the UAW, community and business leaders, and other labor groups -- is actively pursuing other manufacturers to take over the plant giving hope that the closed plant won’t be closed for long. Jerry Harcharik and Kevin Brown summed up the general feeling in the plant. “In the end, I think it was important to be part of a union at times like these because we had no guarantees at all,” Brown said. “Having that union protection really gave us a little peace of mind and they worked very hard in negotiating our severance/early retirement package, which I think will really be helpful to all of us.” Harcharik agreed: “Thanks to a good, sound closing agreement and collective bargaining agreement that will see it through till the end of days here, we do have some more light at the end of the tunnel. “ Harcharik added, “And that light isn’t an oncoming train, it’s an actual light.”
Views: 3785 UAW
Romney and Obama Policy to Save GM: Lower Wages
Romney plan to "restructure" GM essentially the same as the Obama plan more coverage on the 2012 election http://therealnews.com/t2/index.php?option=com_content&task=view&id=33&Itemid=74&jumival=911
Views: 1528 TheRealNews
Obama Wants Federal Pay Freeze
http://www.huffingtonpost.com/2010/11/29/federal-pay-freeze-obama_n_789141.html New TYT Network channels: http://www.youtube.com/user/tytsports http://www.youtube.com/user/thetopvlog New TYT Facebook Page(!): Follow us on Twitter: http://twitter.com/theyoungturks http://www.theyoungturks.com/membership DISCOUNTS: http://www.theyoungturks.com/godaddy FREE Movies(!): http://www.netflix.com/tyt Note: The above two links are for TYT sponsors. Read Ana's blog and subscribe at: http://www.examiner.com/x-5445-Politics-in-Education-Examiner TYT Network (new WTF?! channel): http://www.youtube.com/user/whattheflickshow Check Out TYT Interviews http://www.youtube.com The Obama administration announced on Monday an ambitious plan to freeze the salaries of federal employees for two years in an effort to address massive deficits and get a handle on the country's unsustainable fiscal path. The proposal calls for a two-year pay freeze that would save the country $28 billion in the next five years and $60 billion over the coming decade. It would be applied to all civilian federal employees, including those at the Pentagon, but not to military personnel "Clearly this is a difficult decision," said Office of Management and Budget Deputy Director for Management Jeffrey Zients. "Today, the president is clearly asking [federal employees] to make a sacrifice. We believe it is the first of many difficult steps ahead that we will be taking in the upcoming budget to put our nation on sound fiscal footing." The announcement comes amid an intensifying political focus on ways for the government to scale back spending and close the deficit. It is the second time in as many weeks that the president has found himself reading from the same "fiscal responsibility" script as his Republican critics. Last week, the White House and congressional Republicans both reiterated their support for a moratorium on earmarks -- the pork-barrel projects that are a tiny portion of federal spending but serve as an invitation for influence peddling. Last week, likewise, the two chairs of the president's deficit commission proposed a three-year cross-agency freeze on federal pay as part of their plan to reduce government expenditures. Former Sen. Alan Simpson (R-WY) and former White House Chief of Staff Erskin Bowles also recommended that the government eliminate 200,000 federal jobs over the next decade in addition to cutting 250,000 non-defense private contracting positions. The utility of skimming the fat off federal payrolls, however, is contested. While the money saved presents a notable figure -- and has been cited as an important symbolic gesture towards fiscal sanity -- there is concern that it's a disincentive for talented workers to pursue government jobs. That may be offset by the fact that inflation is low, noted Rob Shapiro, a former Clinton Commerce official. "But it's not a policy about how best to run and manage the federal government: It's a symbolic gesture to communicate that the president's on the side of those intent on cutting government -- another olive branch to independents and the GOP." According to USA Today, the number of federal employees who make more than $150,000 a year has grown ten-fold in the past five years and doubled since Obama was inaugurated. A good chunk of that, however, are doctors at veterans hospitals whose workload has increased due to two ongoing wars. Similar plans have been tried during previous economic slumps, with not much success. In 1933, President Franklin D. Roosevelt introduced an economic bill that slashed government spending by $500 million, largely by reducing scheduled payments to federal employees and veterans. The results, economist argue, prolonged the depression rather than shortening it.
Views: 15820 The Young Turks
The Ultimate History Lesson  - John Taylor Gatto (Hour 2 of 5)
Originally Uploaded by TragedyandHopeMag on Jan 2, 2012 http://www.TheUltimateHistoryLesson.com (notes, transcript, links, and more) http://www.JohnTaylorGatto.com (all of John's books, and current projects) http://www.PeaceRevolution.org (episodes 041-045 cover The Ultimate History Lesson + Analysis) http://www.TragedyandHope.com (an online community which provides educational media by independent producers) HOUR 2 OUTLINE: 1. The Ominous Continuity. Fichte, Spinoza, Calvin and Plato. "The Republic" and "The Laws." The danger of ordinary people. Charles Darwin and "The Descent of Man", "On the Origin of the Species by Means of Natural Selection, or The Preservation of the Favored Races" "The hopeless Irish." The influence of Thomas Malthus. "The Book of Common Prayer" and the "Homily of Obedience". Wedgewood Pottery. (00:25-8:57) 2. Francis Galton and the "Galton Clubs." The so-called "Menace" to the human race and the way to render them harmless. Eugenics, Population control and the breeding of the "biologically advanced." The Emergence of the majority of Private Schools post "Descent of Man". "Fitter Family Competitions" and the reinforcement of Darwinian and earlier philosophies. "Natures Work or the Lords Work" (8:57-14:15) 3. Wilhelm Wundt and the Prussian Ph.D. University of Berlin and Leipzig. Edward Everett as the first American Ph.D. Clout and the ticket to intellectual management. The Japanese "Prussian" Constitution. (14:15-16:45) 4. The "domination of ideas" and connecting the dots. "Not a good way to get tenure." The lineage of insights. (16:46-18:19) 5. Irrationality and the Utopian ideals. Adam Smith and the "Wealth of Nations." William Playfair and the so-called destruction of the social order if everyone knew they were capable of intellectual development. "Liberal" is not a dirty word. (18:20-22:50) 6. Adolf Hitler and "Mein Kampf." Ivy Lee, Bernays and Propaganda. (22:50-23:48) 7. Teaching 5 classes the same material. Discarding the assigned curriculum and exercising your "mental muscles." Equality across social classes. Predestination, Moby Dick and Gregory Smith's lesson for the teacher. Active mentalities behind the street idiom. Taking kids seriously. Jamal Watson and doing comic books right. (23:49- 32:49) 8. The nationally known Assassination's expert that flunked out of Cornell. "Inquest: The Warren Commission and the Establishment of Truth" and "The Rise and Fall of Diamonds: Shattering of a Brilliant Illusion. " DeBeers Diamond Mines and "worthless" diamonds. "News from Nowhere: Television and the News". (33:38-36:25) 9. Shaking beliefs, the known universe and seeing the destructive disconnected narratives. The moral and ethical break. Medicine and Nutrition. The closed universe of education and "one hand washing the other." Shakespeare for 8th Graders. The myth of the "dumb class." Experts inventing problems. (36:25-40:40) 10. Innate, infinite potential. Apprenticeship, skill building and biological imitation leading to selection. Richard Branson finds his way home and drops out of high school. Independent livelihood. The rationale of corporations and political control. GM and the fast track of finance. (40:40-46:19) 11. Walkabout as a rite of passage. Fragmenting and compartmentalizing education. Striking out so history won't repeat itself. "The bad things done in school have been intellectually justified." The definition of marketing as "overcoming sales resistance." (46:19-49:57) 12. Leveraging the opinion makers. Andrew Carnegie (the Atheist) and Organ donations. Carnegie and Rockefeller Pensions for Teachers. Carnegie Credit Systems. The Religion of Leverage and planning the future of Cities and Nations. The Chautauqua and the leveraging travelling Christian Ministers. Harpers Methodists and Rockefeller Baptists. The forty kinds of Baptist "one small fragment of Baptists that is like Episcopalian." The Quaker transformation from pious, humble people to the most powerful small sect in the country." 100,000 Quakers and two American Presidents. (49:58-54:31) 13. You can't think clearly without the data. "How to spin a local authority into your scheme and let him do the work." The paycheck dependent managers and those that listen to the tom-toms. Schools in 1905 vs. today. (54:32- 56:54) 14. Frederick Gates, Rockefeller Labor disputes and the idea Philanthropic "altruism." Private corporate foundations and American schooling. Congressional investigation of Walsh and Reece and how the foundations use leverage to control the curriculum, the testing systems and the public perception. Rockefeller, Carnegie and Ford dividing responsibility. The White House conferences that homogenize public opinion. Ford and the Psychological output of schooling. Carnegie and Rockefeller and Globalization of ideas. Advertising, marketing and media. (56:54-100:50) END TAPE -- "The Mechanics of how it's done." (100:50-101:24)
Views: 5218 TooLF8th
10/29/2013. When Will The Economy Collapse? Two Mn Health Plans! $1.1 Bn Dutch Bank fine for LIBOR!
My commentary on when the U.S. economy will enter the last stage of collapse, Rabobank being fined $1.1 billion over the rigging of interest rates and what's going on with Obamacare. CBS: More Than Two Million Americans Being Dropped From Their Health Insurance Plans http://www.blacklistednews.com/CBS%3A_More_Than_Two_Million_Americans_Being_Dropped_From_Their_Health_Insurance_Plans/29937/0/0/0/Y/M.html Treasury says taxpayers' GM bailout loss now $9.7B http://www.usatoday.com/story/money/cars/2013/10/29/treasury-taxpayers-tarp-general-motors-loss/3295777/ Dutch bank fined $1.1B in Libor investigation http://www.usatoday.com/story/money/business/2013/10/29/rabobank-libor-fines/3294401/ Syria polio outbreak confirmed by WHO http://www.bbc.co.uk/news/world-middle-east-24726592 Monsanto spends $5 million to fight GMO labeling Initiative 522 http://www.concordmonitor.com/news/nation/world/9070326-95/monsanto-spends-5-million-to-fight-gmo-labeling Did Monsanto Trick California Voters? http://www.huffingtonpost.com/ocean-robbins/monsanto-prop-37_b_2088934.html Mexico Suspends GMO Corn, We Recommend Two Corn Tortilla Brands http://www.kcet.org/living/food/prop-37/mexico-bans-gmo-corn-best-corn-tortillas.html
Views: 7018 DEMCAD