Trampled by A Bull Market

By MARC MEWSHAW  |  March 20, 2013

Pensions are far from perfect. But there's got to be a happy medium between a corporate sector that's sitting on a cash hoard of $4.75 trillion — money neither being reinvested or distributed to shareholders — and a workforce woefully unprepared for retirement. Surely some of those powerhouses can spare some change to help break the socioeconomic freefall that awaits far too many of their employees in retirement.

< prev  1  |  2  | 
Related: Arlen the Family, Merchants of death, Diamon Flip-Flops, More more >
  Topics: The Editorial Page , Wall Street, Federal Reserve
| More


Most Popular
ARTICLES BY MARC MEWSHAW
Share this entry with Delicious
  •   KEEPING THE BANKS IN CHECK  |  August 08, 2013
    There is afoot a bipartisan effort to dust off a defunct law that could erect a sturdy guardrail against the systemic banking crises that nearly brought our country to ruin in 2008.
  •   THE PART-TIME EPIDEMIC  |  July 10, 2013
    When it comes to Obamacare, good thing Republican US Senator Susan Collins has the workingman's back. Or does she?
  •   FIXING THE MESS OF STUDENT DEBT  |  June 13, 2013
    On July 1, the interest rate on federal Stafford student loans is slated to jump from 3.4 percent to 6.8 percent. Luckily, the forces of common sense have an ace up their sleeve.
  •   IMMIGRATION BY THE NUMBERS  |  May 16, 2013
    After many false starts, a convergence of public sentiment and political will has sped the country to the brink of comprehensive immigration reform. In purely economic terms, it's a no-brainer — one of those rare instances where a moral imperative neatly aligns with our national self-interest.  
  •   TRAMPLED BY A BULL MARKET  |  March 20, 2013
    The tailwinds behind the rally are largely illusory. Wall Street owes its bullish run to systematically pillaging our retirement funds.

 See all articles by: MARC MEWSHAW