Lincoln Kennedy
Helanie Olen is an incredible financial reporter often writing about the defaults of the privatization of peoples retirement. The fact that so few have savings or retirements is a concern but how pensions were eliminated by cost-cutting companies and the revitalization of a casino like stock market retirement fund and Helanie blames the finance industry for pushing gambling and the individualization of retirement plans and Helanie often writes about how people think they can work well into their sixties and seventies when in fact they cannot for various of reason and then find out their meager savings and retirement won't help hem pay the bills.
Helanie says the Individual retirement Plan was meant as a supplement to retirement and not a replacement and basically the replacing of peoples earned pensions into risky ventures was made so outsiders can control booms and busts more easily and dip their hands into peoples savings and retirements forcing many elderly people to return to work and become a source for domestic cheap labor for big business. The stock market scam and the bubbles created and bamboozling of peoples savings through it is a topic that needs to be explored and reformed immediately and the domination of a pro-business and at times actual financial media doesn't help and works to quell discussion and dissent of this system.
The image of the balding stock head worried and perplexed on thne trading floor is a cliche imagery this business media wishing to put forth the imagination that rises and drops in the stock market are a natural process. Eventually people will need to see this retirement 401 plans as mess as a necessary obstacle constructed by the financiers to keep their jobs and positions safe in the economy to deny you your rightful retirement and pension earned and Americas acceptance of lack of pensions is a denial that can no longer be tolerated.
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