TV News LIES

Wednesday, Nov 26th

Last update08:21:34 AM GMT

You are here News Economy Stock-market woes highlight risk U.S. families now face

Stock-market woes highlight risk U.S. families now face

E-mail Print PDF

As millions of people watched their 401(k) retirement plans rise and fall this week along with the stock markets, their fears reflect a sweeping revolution in how Americans save for retirement.

Whether it's disappearing work-based health care, the move from traditional pensions to 401(k)s, the push to privatize Social Security or just making it harder to file for personal bankruptcy, these and other social supports and safety nets that were designed to make Americans more secure have been watered down, abandoned or altered so that individuals bear a greater share of the risk and cost.

More...


Most Recent Related Stories...


How Executive Ended Up With $196 Million in an IRA

IRA investmentCorporate and private-equity executives can accumulate millions of dollars in tax-favored retirement accounts, taking advantage of...

JPMorgan Settles Claims It Cheated Shale-Rights Owners

JP MOrgan ChaseJPMorgan Chase & Co. (JPM) settled a lawsuit by mineral-rights owners who accused the bank of...

Seven big US corps pay CEOs more than they hand Uncle Sam in taxes

CiticorpSeven of the 30 largest American corporations paid more money to their chief executive officers last...

Regulators fine global banks in currency probe

Global banks finedU.S., British and Swiss regulators fined five global banks more than $3 billion for attempting to...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!