On Fri, Dec 12, 2014 at 9:58 AM, raghu <[email protected]> wrote: > Two questions: > > (1) What exactly is this Wall St provision that progressives are upset > about? I can't seem to find exactly what it says in any of the major new > reports. > > (2) What happened to that provision that would allow troubled pensions > funds to cut retiree benefits? No one is talking about that one for some > reason. >
To answer my own question: http://www.nakedcapitalism.com/2014/12/cromnibus-pension-provisions-gut-forty-years-policy-allow-existing-pensions-slashed.html http://www.nakedcapitalism.com/2014/12/elizabeth-warren-remarks-citigroup-bailout-provision-cromnibus-bill.html I am still puzzled why someone like Elizabeth Warren is not screaming about the pension ripoff.. And no, I don't think it is because she has now been captured and coopted by the neoliberal Democratic Party - not saying it can't happen, but her other actions simply do not support that particular theory at the moment. -raghu.
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