На главную
Результаты поиска “Gm on the side pension plan”
GM plans to close West Chester center, move work, union employees to Michigan
General Motors is planning to close its West Chester processing center, moving that work and union employees to Michigan, the Journal-News reported Thursday. The closure will be effective September 2019, said Brian Martin, president of United Auto Workers Local 696, which represents hourly workers at the facility.  “They will allow those people to follow the work, because the work is not going away, it’s just moving to Burton, Mich.,” Martin said.
Просмотров: 50 WCPO.com | 9 On Your Side
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
Просмотров: 212734 The Car Doctor
With GM plant closing, workers face tough choice
To stay or to go?General Motors is moving more than 200 jobs from West Chester to Burton, Michigan, a suburb of Flint. That’s forcing employees to chose between moving and losing their jobs.
Просмотров: 97 WCPO.com | 9 On Your Side
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.
Просмотров: 3746 NTDTV
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.
Просмотров: 1057 UPIVideo
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
Просмотров: 114 Wochit News
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.
Просмотров: 35466 ReasonTV
Mortality Credits: the Secret Sauce in Lifetime Income Annuities - Right on the Money – Part 4 of 5
Sub Headline: Mortality Credits are the New Alpha of Retirement Income Synopsis: The low interest rate environment affects all financial products that use government debt. Banking institutions, mutual funds and insurance companies are all subject to the whims of the Fed to raise or lower interest rates. But key components of guaranteed lifetime income annuities are mortality credits, which not only are the insurance industry’s secret sauce, but they are also recognized as the new retirement alpha. Content: The insurance industry at-large purchases investment-grade government bonds. So all carriers are fishing out of the same government debenture pool. To the causal observer, it seems odd there’s such a difference in annuity payouts from one company to another. But that difference can be distilled down to one component: mortality credits. Every insurance company has differing experiences in death claims for life insurance policyholders and lifetime annuitants. To understand mortality products like guaranteed lifetime income annuities and life insurance, you need to comprehend the law of large numbers. The insurance industry has trillions of dollars in life insurance in force. If everyone died within a tight time frame, the industry would collapse. But the death-claim experience in America is very low, thus the law of large numbers creates the favorable conditions for insurance companies to offer protection and maintain itself as a profitable entity. With guaranteed lifetime annuity products, the other side of the mortality balance sheet uses the law of large numbers, as well factoring how long the company will pay out monthly benefits. This may be an over simplification, but if the average female annuitant lives to age 89, that means half of them will die before age 89 and half of them will die after age 89. The odds makers, known as actuaries, can assign credits based on their insurance company’s mortality experiences. So a guaranteed lifetime annuity payout is comprised of principal return, interest earned and company assigned mortality credits. Watch the interview on guaranteed lifetime income annuities with Tom Hegna, popular platform speaker, retirement specialist and best-selling author. Tom has two retirement books entitled Don’t Worry, Retire Happy and Paychecks and Playchecks. Tom has also hosted the PBS Special, “Don’t Worry, Retire Happy.” Guaranteed lifetime income annuities can impact an overall portfolio performance and take key retirement risks off the table, like living too long and the sequence of returns during retirement distributions. But the real advantage to retirees is guaranteed income they can’t out live. Nationally syndicated financial columnist Steve Savant interviews Tom Hegna, popular platform speaker, retirement expert and best selling author. Tom has two retirement books entitled Don’t Worry Retire Happy and Paychecks and Playchecks. Tom has also hosted the PBS Special, Don’t Worry Retire Happy. (www.rightonthemoneyshow.com) https://youtu.be/nsy98BuqjKk
Просмотров: 1623 Right On The Money Show
[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/obiektivy/sel100f28gm?cid=pr-eu-10345 6) и старый добрый FE 4/24-70 (https://www.sony.ru/electronics/obiektivy/sel2470z?cid=pr-eu-10345)
Просмотров: 5770604 BadComedian
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.
Просмотров: 18890 ReasonTV
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.
Просмотров: 450 cupescfp
200 detroit police pension cuts
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.
Просмотров: 571 NBC25
India has enough entrepreneurs to build infrastructure: GM Rao
Speaking at Business Today MindRush 2014, GMR Group chief GM Rao says clarity on government's policies will go a long way in building better infrastructure in the country. About the Channel: Watch Business Today videos to get the latest news on Business, stock market, sensex - BSE India, NSE India, personal finance, gold prices, petrol prices and more. Also, get an insight into the dealings of the top companies in India from Business Today's award-winning journalists. Get up to date with all investment options (Mutual Funds, SIPs, Debt, Equity, Insurance, Home Loans, Pension Schemes, Retirement Plans) from our Money Today team. Also, watch interviews of top CEOs. Regular shows to watch out: The Good The Bad and The Ugly with BusinessToday.in Editor Rajeev Dubey to know the top stories of the day specially curated from the world of business and economy. Watch Inside India's Factories to find out how different products get manufactured and processed for final consumption. You can follow us at: Website: https://www.businesstoday.in Facebook: https://www.facebook.com/BusinessToday Twitter: https://twitter.com/BT_India Google Plus: https://plus.google.com/+businesstoday
Просмотров: 221 Business Today
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.
Просмотров: 158 DailyWorldwideNews
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.
Просмотров: 752 LJPRvideos
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
Просмотров: 7018 DEMCAD
Rethinking Retirement Income Part 3 - Getting Organized
http://LethemonFinancial.com/retirement-planning Rethinking Retirement Income Part 2 - Getting Organized In this video, I am going to be walking through a case study, as we help you complete your own retirement planning worksheets. Let me introduce to you John and Sally as they approach their retirement. They have a few goals that we want to keep in mind... • Maintain their current lifestyle • Don't run out of money • Pass any money they don't spend in their lifetime on to their kids • They want to do this and still be able to sleep at night There are 5 basic financial organization steps that we are going to walk through in this video. 1. Inventory your assets 2. Add up all your income 3. Add up all your expenses 4. Calculate your cash-flow surplus or deficit 5. Determine your withdrawal rate One of the greatest challenges facing investors is keeping track of all your financial information. As you become more successful, life doesn't get easier, it gets more complex. What we want to do here, is bring all of your financial information together in one place, so we can see where its all at. What you will want to do is gather all of your latest statements from all of your different financial accounts and assets. I mean all of them. IRA's, 401k's, savings bonds, mortgage statement, checking and savings accounts, Insurance, Health savings accounts. Whatever you have. One easy way to do this is to get a box, and put it near the area that you sort your mail. Anytime a statement comes in just throw it in the box. Keep in mind some of your statements come every month and some only come quarterly. So make sure you get them all. Another thing you could do, is go online and print your latest account information if you have online access. A general rule to follow is if it has anything to do with your finances, put it in the box. Assets: Let's pull out your worksheets. Step one is to take an inventory of all your assets. You will want to use the most current figures from all your accounts. If you have access to your accounts online, you can use those figures, if not just take the balances from your most recent statement. At this point we don't really need to be specific on how the money is invested. The most important thing you need to do here is to separate the retirement accounts from the non retirement accounts. Its also a good idea to break down your non retirement accounts into liquid and non liquid assets. Your liquid assets, are your cash reserves, and will be the bucket of money that you tap into first to meet your retirement income needs. I will talk about that more in section 4. We kept the numbers pretty simple for John and Sally. They have some non-retirement liquid assets, some bank checking and savings accounts a CD and an account at a local credit union for a total of $200,000. They also have a $100,000 in a mutual fund account, which we have listed in the non retirement non liquid category. This brings their non retirement assets up to $300,000. Then they have some retirement assets John has a 401k, Mary has a 403b, and they both have an IRA accounts. all together their retirement accounts add up to $700,000. John and Sally have total portfolio assets of $1 million. Expenses: Let's look at expenses. There are 2 types of expenses. Basic expenses to cover your essential living needs, and desired or lifestyle expenses to cover all the extras. Let's look at John and sally's basic expenses. These are essential expenses, like mortgage payments, property taxes, utilities, food and medical expenses. For John and Sally their basic expenses add up to $65,880. Don't worry if your expenses are higher or lower, this is just an example. Next we'll look at their lifestyle expenses. This is all the fun stuff, like golf, going out to dinner, vacations and entertainment. For John and Sally this adds another $31,320 on to their total retirement expenses. Even though these are not essential expenses, we want to start our planning process with everything included, then if we have to cut something we can look at this report, and see what expenses could be cut or reduced. Now let's look at income. We want to get an idea of how much money you are going to have coming in on a regular basis in retirement. Here, we want to just add up our fixed income sources like Pensions, Social Security, annuity payments and any rental income that you may be receiving. For now we want to leave out any dividend or interest income that you might be getting from your portfolio assets. One last source of income that we want to include is employment income. You may retire from full time employment, but maybe you will work part time, or do some consulting on the side. Or maybe your spouse will work for a few years after you retire. So we want to include this as well. But we need to be mindful of when this income may stop and make sure that we have planned accordingly with our income plans.
Просмотров: 878 Money Evolution
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
Просмотров: 85 Scott Alan Turner
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.
Просмотров: 310 itstvnz
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
Просмотров: 501235 TED
Interacting with the Front Office
Antonelli Baseball is the #1 online resource for baseball instruction. We breakdown the mechanical aspects of hitting, fielding, throwing, and base running to make them easy to understand and actionable. We also cover the mental side of baseball and offer college baseball recruiting advice. We delve into the details that you will not find anywhere else. Click the link below and enter "Antonelli" as the coupon code to receive 50% off of your first Plate Crate! http://www.platecrate.com?afmc=antonelli Great Books to Check out! Practice Perfect: http://amzn.to/2ueQ36e Above the Line: http://amzn.to/2sBZKJN You Win in the Locker Room First: http://amzn.to/2tAYydM The Energy Bus: http://amzn.to/2t73wOX Think Like a Seal: http://amzn.to/2uf1j2f The Carpenter: http://amzn.to/2sgEEkK Training Tools to Try! Tanner Tee: http://amzn.to/2nyccge PowerNet: http://amzn.to/2ny8HWY Weighted Hitting Training Balls: http://amzn.to/2pmdKGo Total Control Balls: http://amzn.to/2orcNiH Weighted Pitching Velocity Balls: http://amzn.to/2ojufp9 Follow Us Online! Instagram: https://www.instagram.com/antonellibaseball/ Follow Me on Twitter: https://twitter.com/MattAntonelli9 Like Me on Facebook: https://www.facebook.com/AntonelliBaseball/ Check out our website: http://www.antonellibaseball.com
Просмотров: 6475 Antonelli Baseball
Fed Board Member:  American Pensioners Face a Cut of 55 Cents on the Dollar
Forget all the misdirecting hype about the Southern states and foreign versus domestic automakers. The REAL agenda behind the Republican assault on the Big Three is the pension plans. They are trying to use the economic downturn to gut the preexisting contracts between the auto manufacturers and the unions. According to Thomas Mackell, chair of the Federal Reserve Bank of Richmond, ALL pensioners may have to adjust to a new world order in which they receive only "45 cents on the dollar." A pension is a legal contract whereby workers take lower pay in exchange for the guarantee of a decent retirement. Everyone knows someone who will be affected by this. The Repuplicans support altering or breaking legally binding contracts that are in effect with the UAW. That's because the rich people know they are going to have to pony up some big tax bucks as payback for all the years they've enjoyed champagne and caviar while the rest of us have seen our quality of life deteriorate. So the Wall Street crowd and their flunkies in the GOP have decided that the best way to save themselves some of the expense is to break the pension contracts. Fight back! Call your Senators and tell them you want them to defend the ALL pension contracts. If you don't, it could be you or you dad or your brother or aunt or best friend who end up holding the short end of the stick ...
Просмотров: 329 BelvasDaughter
Forced Retirement
Gordon found a new side to himself when he was thrust into retirement from an industry that he loved. Gordon shares his volunteer efforts at the Braille Institute and the Getty Center Museum. www.elderlifeseries.com
Просмотров: 320 susanbgeffen
2012 GM Ratification Meeting: Ken Lewenza Speaks In Oshawa, Ontario (part 3)
Before the ratification vote, an animated Ken Lewenza gives a descriptive in business and layman's terms of the state of the Canadian economy, the deteriorating tax base, and the communities that are under more and more pressure to make government cuts and services while increasing taxes. The dark side of capitalism: Play Parker Brother's "Monopoly" game to understand that in the end, there's only one winner.
Просмотров: 101 guitarmoe1
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
Просмотров: 268 ChampionNewsOnline
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.
Просмотров: 24255 X22Report
Obama: My pension isn't as big as yours -Town hall debate 2012
President Obama responded to Mitt Romney's question if he had looked at his pension lately while debating immigration during the town hall Presidential Debate at Hofstra University in Long Island, N.Y.
Просмотров: 368 Washington Post
The Fermi Paradox — Where Are All The Aliens? (1/2)
The universe is unbelievably big – trillions of stars and even more planets. Soo… there just has to be life out there, right? But where is it? Why don’t we see any aliens? Where are they? And more importantly, what does this tell us about our own fate in this gigantic and scary universe? Videos, explaining things. Like evolution, time, space, global energy or our existence in this strange universe. We are a team of designers, journalists and musicians who want to make science look beautiful. Because it is beautiful. You can get the music for the video here: https://soundcloud.com/epicmountain/fermi https://epicmountainmusic.bandcamp.com/track/the-fermi-paradox http://www.epic-mountain.com Also, for more in depth information take a look at the WAIT BUT WHY article about Fermi Paradox: http://waitbutwhy.com/2014/05/fermi-paradox.html Visit us on our Website, Twitter, Facebook, Patreon or Behance to say hi! http://kurzgesagt.org https://www.facebook.com/Kurzgesagt https://twitter.com/Kurz_Gesagt http://www.patreon.com/Kurzgesagt http://www.behance.net/Kurzgesagt THANKS A LOT TO OUR LOVELY PATRONS FOR SUPPORTING US: Tony Morley, Ben Nunan, Sam Elitzer, Andrzej Rejman, Matthew Datcher, Stephen Bassett, Raphael Hviding, Jeff Le, Nat Ryall, Nicholas Holtz, Arnas, Francesca Monteiro, Duncan Cheong, Derek, James Craver, Juan Manuel Corredor, Osric Lord-Williams, Broderick, Maarten Bremer, Nat Thomas Golder, Scott Zell, John Green, AgentK, Carly Tawse, Chris Simpson, Ngo Vo Hoang Viet, [ K A I ] = 石 : :, Taylor Hadden, Chris Linardos, tekbit, Kirstie, Richard Reynolds, Jeroen Koerts, Alex Kaplan, Patrick Eyrich, Cody, KokLiang Lim, Okan, Sasha C, Marcelo, Dean Herbert, trefmanic, Adam Smith, Anton Efimenko, Gaëtan Duvaux, Rachel Proctor, Lukas Grossar, Sam Pottinger, Michal, Caroline Andrewes, Tom Alexander Kutil, Justin Bull, Ivin spates, Sebastian Laiseca, Adam Dunlap, Chase, Marius Apalseth, Daniel and Sigrid C, Volodymyr Khomenko, Cerlinfia Chen, Chris Wills, Peter Emelone, Alexandre C, Radek Falhar, Michael Slade, Miranda Willan, Alexander Heavens, Mark Govea, Andrew Knudson, Fluffy19, Adam Primaeros, Aaron, Alexander Ahn, Daniel Jones, Adamliu, Sara Shah, Jan Schmid, Susan Love, Ghitea Andrei Paul, Harry Brisson, Stian Bluth Levik, maarten ligtenberg, Larry Bunyard, Ryan, Ann, Josh Maleszewski, Matthew Russell, Veselin Kostadinov, Dario Wünsch, Eli Fisker, Daniel McCouid-Carr, Dennis van Ruijven, Ryan A. Schauer, Nikki Toss, Pierre Lacasse, Gustavo, Albert Z, Theo Alves Monteiro, Stephen Morris, Tony Montuori, Muath, David Davenport-Firth, Edgar Duarte Ortega, Stephen Chen, Christian Fernandez, Alipasha Sadri, Matthew Sample, Hamad, Mikel De Uranga, Kevin P, Steven Ratner, Eric, Andrew Connor, Bruce low, José, Wesley Sheridan Montgomery, Philipp Weber, Brad Wardell, Vaelohs, Brandon Liu, Alexander Scheffer, Peter Schuller, Eric Austin, Alexander Kosenkov, Enrico, Markus Wolski, Tim, Scott Laing, Ignacio Flores, Gizem Gürkan, Philipi Adolfo Willemann, George Chearswat, The Partisan Pundits, Matthew Gill, oscar gautama, Artem Anchugov, Bruno Araújo, Lethargicpanda, Erven, varinder singh bal, Minghan Ko, Carlos Bohorquez, Mark Scheurwater, Rob PT, Collin Banko, Arrngrim, David Harbinson, Rikard Nyberg, Jordan Rutherford, Victor, Florian Guitton, Jezariael Demos, Ajay Shekhar, Martin Fink-Jensen, Josh Allen, Nick Yonge, Karl Snickars, Jennifer Hiller, Zr4g0n, Jon Moroney, Eugene Cham, Ryan, David Garcia Quintas, somersault18:24, Renaud Savignard, Ben Shackman, James, Viktor Asklund, Elchus, Hugo, Amdrew, Pranab Shenoy, Javier de la Garza, Yannick, Terry Lipstein, Mike Horner, Laurence Dixon, Russell McCallion, Jeff Churchill, Tim Carll, Daniel, Seona Tea, Jan Berdel, Ugurcan Kutluoglu, Morten, Sieglinde Geisel, Jeff, Finn Edwards, Dylan, Philly Cashion, Colin Palin, Clayton Fussell, Daniel Gonzalez, Denis Smajlovic, Ryan Deschamps, Dan Q, Gabriel Tougas, Fabricio Godoy, Charles Kuang, Damian Johnson, Brandon Helvie, Alex Thaler, Maximilian Ritter, Ernst, Yousif, Jesse Powell, David Taylor, Mehmet Sevil, 冠瑋 陳, Jesse MacLean, Wei Wong, Matt Collins, Jon Davis, Doc Matthews, Tori McClanahan, Dan Treasure, nga⁴, Carlos García Rojas, Igor Benicio de Mesquita, Nate Rice, Sergio Uribe, Praveen Muthu, Greeny Liu, Malthe Agger, Bahjat, Tibor Schiemann, Josh Yates-Walker, dante harper, Mike Mintz, Bünyamin Tetik, Joe Pond, Steffen Weng, Lars Vas Dias, Bruno Deschatelets, Massimiliano Cacciotti The Fermi Paradox — Where Are All The Aliens? Help us caption & translate this video! http://www.youtube.com/timedtext_cs_panel?c=UCsXVk37bltHxD1rDPwtNM8Q&tab=2
Просмотров: 13672341 Kurzgesagt – In a Nutshell
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.
Просмотров: 5796 Fox5NY
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.
Просмотров: 6862 danieljbmitchell
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
Просмотров: 1446 FOX 10 Phoenix
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.
Просмотров: 244 CBS6 Albany
Central Falls Pension Haircut
143 retirees is Central Falls, RI are asked to give up part of their pensions
Просмотров: 306 PensionTsunami
Congressman Ryan Appears Before Senate Cmte. Hearing to Defend Delphi Retirees
Statement by the Honorable Tim Ryan Committee on Health, Employment, Labor and Pensions United States Senate October 29, 2009 Chairman Harkin, Ranking Member Enzi, and Members of the Committee, thank you for the privilege to appear before you today to introduce my constituent and friend Bruce Gump. Thank you Senator Brown, for your commitment and leadership on Delphi and other issues faced by our nations retirees. After a brief period of success following their 1999 spin off from General Motors, Delphi Corporation was soon in trouble. Languishing in bankruptcy for four years, Delphi canceled pension and healthcare benefits for retirees as GMs bankruptcy sharply reduced both their revenues, curtailed continuing payments, and jeopardized existing agreements. Thanks to the Obama Administration many GM workers and retirees will receive their full pensions and assistance with their healthcare. Many Delphi retirees will also receive assistance for their pensions. However many other Delphi retirees will see major cuts to their pensions, and almost all Delphi retirees will see substantial cuts to their much needed healthcare benefits. These cuts will directly affect over 70,000 retirees across the nation and over 5,000 in my Congressional district. Not only will this have a devastating effect on these workers and their families but the secondary economic effects in our communities will be enormous. Mr. Bruce Gump of Warren, Ohio, is one of the many Delphi retirees in my district who lost both his healthcare benefits and will see a reduction in his pension. Bruce retired after 32 years as an engineer in the automotive industry, almost 23 of those years for GM prior to the spinoff and 10 years at Delphi. At age 58 the Pension Benefit Guaranty Corp. will reduce his pension by a substantial amount. And his situation is not unique. Delphi forced many of its employees into early retirements, so the pension reductions from the PBGC will be more severe than they should be for people who have worked more than 30 years. It is a problem when anyone in this country loses their pension, no matter how, and today we have a chance to better understand and address this problem. Thank you
Просмотров: 551 TimRyanVision
Ep 37: Side Hustles, Upper Limit Problems & $1M Blogs
After being fired from her corporate job in a particularly nasty fashion, Caitlin Pyle struggled with self-doubt and depression as she looked for her next career move. Less than two years after the launch of her site Proofread Anywhere, she's made more than $1 million in revenue and enjoys more financial freedom than she ever could have imagined.  Caitlin is a self-made entrepreneur who's successfully turned a side-hustle into a career. In this episode, she shares her journey, her love for writing, and the hardships, triumphs, and joys of running her own business. You can find show notes and more information by clicking here: http://bit.ly/2cKh6fu 
Просмотров: 30 Hilary Hendershott
There Goes Howard Marks Again
Sources: Howard Marks Memo: https://tinyurl.com/hvrefve Howard Marks video: https://www.youtube.com/watch?v=BqiQjspBMqU Hussman Article 1: https://tinyurl.com/y6wftsu3 Hussman Article 2: https://tinyurl.com/y84het34 WSJ Article: https://tinyurl.com/yczfkcs6 4% Growth: https://tinyurl.com/yd2f6bjd ✔PATREON: https://www.patreon.com/independentman ✔IM SHOP: https://shop.spreadshirt.com/INDEPENDENTMAN ✔PayPal: https://www.paypal.me/IndependentMan ✔FACEBOOK: https://www.facebook.com/IndependtMan ✔TWITTER: https://twitter.com/Independt_Man ✔MINDS https://www.minds.com/IndependentMan ✔VIDME: https://vid.me/independentman
Просмотров: 13486 Independent Man
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)
Просмотров: 124 Bloomberg
Supercharged GMO Causes Major Concern as Scientists Warn of Imminent Danger!
Look Inside My Book!: http://book.themoneygps.com ******************************************************************** My Free eBooks on Fluoride, Vaccines, and GMO: http://themoneygps.com/freeebooks Tools You NEED to Prepare for the COLLAPSE: http://themoneygps.com/store ******************************************************************** Sources: "'Gene drive': Scientists sound alarm over supercharged GM organisms which could spread in the wild and cause environmental disasters - Science - News - The Independent" http://www.independent.co.uk/news/science/scientists-sound-alarm-over-supercharged-gm-organisms-which-could-spread-in-the-wild-and-cause-environmental-disasters-10434010.html "Ban lifted on controversial 'neonic' pesticide - BBC News" http://www.bbc.com/news/science-environment-33641646 "Scotland says to ban growing of genetically modified crops | Reuters" http://uk.reuters.com/article/2015/08/09/uk-scotland-gmo-idUKKCN0QE0GW20150809 "Just ONE night of bad sleep damages the DNA in our biological clocks, claims study" http://www.dailymail.co.uk/sciencetech/article-3169794/Just-ONE-night-bad-sleep-alter-genes-Pulling-nighter-damages-DNA-biological-clocks-claims-study.html "Obama administration revives plan once criticized as 'death panels' - LA Times" http://www.latimes.com/nation/la-na-medicare-end-of-life-20150708-story.html "Antipsychotic use rising among teens and young adults | Reuters" http://www.reuters.com/article/2015/07/10/us-health-kids-antipsychotics-idUSKCN0PK25320150710 "Study: Probability of Obese People Reaching ‘Normal’ Weight 1% CBS DC" http://washington.cbslocal.com/2015/07/20/study-probability-of-obese-people-reaching-normal-weight-less-than-1/ "Denver discusses fluoride in public water" http://www.9news.com/story/news/health/2015/07/29/colorado-communities-keep-fluoride--public-water/30845307/ obamacare healthcare http://hosted.ap.org/dynamic/stories/U/US_MEXICAN_DENTAL_TOWN?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-08-09-12-17-04
Просмотров: 3590 The Money GPS
March 7th 2017 - Collapse News Network (House Bubble, Auto Bubble, Pension Failure)
March 7th 2017 https://steemit.com/@collapsenewsnet/ http://www.CollapseNewsNetwork.com Watch Going In Style Trailer: https://www.youtube.com/watch?v=hcdTN5soeQw Sources: https://mishtalk.com/2017/03/03/pension-benefit-guarantee-corporation-running-out-of-cash-millions-affected/ https://www.bloomberg.com/news/articles/2017-03-03/million-dollar-home-contagion-spreads-to-toronto-suburbs https://www.peakprosperity.com/blog/107243/it%E2%80%99s-bubble-time http://www.zerohedge.com/news/2017-03-03/auto-lending-update-someone-please-explain-how-not-bubble http://www.themonetaryreset.com/2016/04/critical-mass-definition-1.html
Просмотров: 74 Collapse News Network
Why global investment exposure is key
There are two types of investors, regardless of market noise, imputation credits, diversification approaches and market indices, says the managing director of Platinum Asset Management.
Просмотров: 312 Morningstar Australia
French public service workers strike again over job cuts
(22 May 2018) French public services workers took to the streets of Paris on Tuesday as part of a strike to protest a government plan to cut 120,000 jobs by 2022. In a joint call, nine unions are also seeking higher wages and are denouncing the increasing use of short-term contracts in public services. This is the third nationwide strike of public workers since French president Emmanuel Macron came into power last May. In his campaign for the presidency, Macron promised to reduce public spending and overhaul the country's labour laws. Hundreds of flights to and from France have also been cancelled as French air traffic controllers have joined the movement. The government is in discussions with unions about the plans and has said it intends to legislate on its labour reforms next year. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives Google+: https://plus.google.com/b/102011028589719587178/+APArchive​ Tumblr: https://aparchives.tumblr.com/​​ Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/145ad5cb67fa735420010f950e515a17
Просмотров: 229 AP Archive
Gobeille v. Liberty Mutual Insurance Co.: Oral Argument - December 02, 2015
Facts: Liberty Mutual Insurance Company (Liberty Mutual) operates a self-insured employee health plan through a third-party administrator. Vermont state law requires that all health plans, including self-insured plans, file reports containing claims data and other information with the state. The statute specifies what type of information is required and how it is transmitted. When Vermont subpoenaed claims data from the third-party administrator, Liberty Mutual sued the state and argued that the reporting requirements of the Employment Retirement Income Security Act of 1974 (ERISA) preempted the Vermont statute. The district court found in favor of the state and held that ERISA did not preempt the Vermont statute. The U.S. Court of Appeals for the Second Circuit reversed and held that ERISA preempted the state statute because the state statute’s requirements were connected to the ERISA requirements and therefore were preempted. Question: Do the reporting requirements of the Employee Retirement Income Security Act of 1974 preempt a Vermont state statute regarding reporting requirements as applied to a self-insured employee health plan? Conclusion: The reporting requirements of the Employee Retirement Income Security Act of 1974 (ERISA) preempt a Vermont state statute regarding reporting requirements as applied to a self-insured employee health plan. Justice Anthony M. Kennedy delivered the opinion for the 6-2 majority. The Court held that the preemption clause of ERISA was meant to be construed broadly, and precedent has established that ERISA preempts a state law when the existence of ERISA plans is essential to the operation of the state law or when the state law interferes with nationally uniform plan administration. Because ERISA contains various recordkeeping, disclosing, and reporting requirements that are integral aspects of ERISA, the Vermont state statute interferes with nationally uniform plan administration. In his concurring opinion, Justice Clarence Thomas wrote that, while the majority’s opinion follows precedent regarding ERISA preemption, that preemption jurisprudence is possibly becoming impermissibly broad. In future cases, the Court may have to address the question of whether the Constitution allows such broad federal preemption of state laws. Justice Stephen G. Breyer wrote a separate concurring opinion in which he emphasized that ERISA preemption avoids the potential of having different reporting requirements in each state. However, if a state needs information beyond what ERISA requires, it can request authorization through the Secretary of Labor. Justice Ruth Bader Ginsburg wrote a dissent in which she argued that Vermont’s statute serves a different purpose than the ERISA reporting requirements and therefore should not be preempted. While ERISA’s reporting requirements allow the Secretary of Labor to examine plan management and solvency, the Vermont statute is concerned with how residents obtain health care and how effective it is. Because the state statute does not impose burdens on plan management that effectively dictate the plans’ administration, preemption is not required. Justice Sonia Sotomayor joined in the dissent. For more information about this case see: https://www.oyez.org/cases/2015/14-181 Section 1: 00:00:05 Section 2: 00:16:58 Section 3: 00:27:39 Section 4: 00:54:32 PuppyJusticeAutomated videos are created by a program written by Adam Schwalm. This program is available on github here: https://github.com/ALSchwalm/PuppyJusticeAutomated The audio and transcript used in this video is provided by the Chicago-Kent College of Law under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License. See this link for details: https://creativecommons.org/licenses/by-nc/4.0/
Просмотров: 144 PuppyJusticeAutomated
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.
Просмотров: 15825 The Young Turks
The Marijuana Policy Tipping Point: A conversation with author Christopher Fichtner, M.D.
Christopher Fichtner is a psychiatrist and the former mental health director for the state of Illinois. In his new book, Cannabinomics: The Marijuana Policy Tipping Point http://www.cannabinomics.com , Fichtner predicts that marijuana policy is about to change radically. As Fichtner points out, three public policy trajectories converging. The medical marijuana movement is gaining momentum. People are increasingly waking up to the fact that drug prohibition creates more public health problems than it solves. And, in the same way that the Great Depression caused people to reprioritize how we spend our public dollars, the current economic crisis has got people thinking that bringing the biggest cash crop in the US out into the open might not be such a bad idea. Reason.tv's Paul Feine sat down with Dr. Fichtner to learn more about the imminent marijuana policy tipping point. Approximately 10 minutes. Produced by Paul Feine and Alex Manning. Go to http://www.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.
Просмотров: 24776 ReasonTV
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.
Просмотров: 145 FinancialNewsOnline
20. Professional Money Managers and their Influence
Financial Markets (2011) (ECON 252) Professor Shiller argues that institutional investors are fundamentally important to our economy and our society. Following his thoughts about societal changes in a modern and capitalist world, he turns his attention to the fiduciary duties of investment managers. He emphasizes the "prudent person rule," and critically reflects on the limitations that these rules impose on investment managers. Elaborating on different forms of institutional money management, he covers mutual funds, contrasting the legislative environments in the U.S. and Europe, and trusts. In the treatment of the next form, pension funds, he starts out with the history of pension funds in the late 19th and the first half of the 20th century, and subsequently presents the legislative framework for pension funds before he outlines the differences of defined benefit and defined contribution plans. Professor Shiller finishes the list of forms of institutional money management with endowments, focusing on investment mistakes in endowment management, as well as family offices and family foundations. 00:00 - Chapter 1. Assets and Liabilities of U.S. Households and Nonprofit Organizations 11:30 - Chapter 2. Human Capital and Modern Societal Changes 17:04 - Chapter 3. The Fiduciary Duty of Investment Managers 28:23 - Chapter 4. Financial Advisors, Financial Planners, and Mortgage Brokers 33:53 - Chapter 5. Comparison of Mutual Funds between the U.S. and Europe 37:58 - Chapter 6. Trusts - Providing the Opportunity to Care for Your Children 43:14 - Chapter 7. Pension Funds and Defined Contribution Plans 58:23 - Chapter 8. History of Endowment Investing 01:02:34 - Chapter 9. Family Offices and Family Foundations Complete course materials are available at the Yale Online website: online.yale.edu This course was recorded in Spring 2011.
Просмотров: 35671 YaleCourses
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
Просмотров: 547 ColorOfCrimeUSA
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.
Просмотров: 7066 ReasonTV
Fuel Pressure Regulator Symptoms and Testing
USA LINK for Fuel Pressure Test Kit http://amzn.to/2BAFEbG Canadian Link for Fuel Pressure test Kit https://amzn.to/2rGiF8y Todays video is dealing with fuel pressure regulator symptoms and testing. I'm using my 2003 Jeep Tj to to the fuel regulator test with a fuel pressure tester. having a bad fuel pressure regulator can give you all sorts of issues from black smoke, backfiring, hard starting,bad acceleration, bad fuel mileage and so on. this video will help you identify and troubleshoot these problems. Sound effects by Epidemic Sound http://epidemicsound.com Royalty-free music by Epidemic Sound http://epidemicsound.com Cameras used in My videos Sony Hx80 http://amzn.to/2kUTNaF Olympus TG-Tracker http://amzn.to/2dYKLZr Sony A6000 http://amzn.to/1ROrgJl TG-860 http://amzn.to/1VU6vzP DJI Osmo http://amzn.to/1QDjGFb Drift Hd Ghost http://amzn.to/1UUiZZU Drift Ghost 4K http://amzn.to/2wmQrQb Gopro Session http://amzn.to/2eZIzkl
Просмотров: 113843 BSK Garage