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The do-it-yourself version of pensions is a flop, as many Americans have painfully learned.
William Greider
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William Greider
Age: 83 †
Born: 1936
Born: August 6
Died: 2019
Died: December 25
Author
Editor
Journalist
Writer
Cincinnati
Ohio
William Harold Greider
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Americans
Learned
Many
Pensions
Flop
Painfully
Pension
Version
More quotes by William Greider
The quest for homeland security is heading ... toward the quasi-militarization of everyday life ... If danger might lurk anywhere, maybe everything must be protected and policed.
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Democracy is held captive, not just by money, but by ideas - the ideas that money buys.
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The regime of globalization promotes an unfettered marketplace as the dynamic instrument organizing international relations.
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In its present terms, the global system values property over human life.
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Efficiency obliterates identity
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The burnt odor in Washington is from the disintegrating authority of the governing classes.
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Money is power in American politics. It always has been.
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People know elections, like television commercials, are not real.
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A profound political question is suddenly on the table: Must the country continue to give precedence to private financial gain and market determinism over human lives and broad public values?
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Democracy begins in human conversation. A democratic conversation does not require elaborate rules of procedure or utopian notions of perfect consensus. What it does require is a spirit of mutual respect-people conversing critically with one another in an atmosphere of honesty and shared regard.
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Americans cannot teach democracy to the world until they restore their own.
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Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
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Children born today have a fifty-fifty chance of living to 100.
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In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.
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The threat to globalization is not the wasted American dollars but Washington's readiness to mix US commercial interests with its self-appointed role as global protector.
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The point is, the political reporters are the ones who no longer understand the ritual they are covering. They keep searching for political meanings in the tepid events when a convention is now essentially a human drama and only that.
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Maybe the reason some folks lag behind in our free enterprise system is because they depend too much on the free part and not enough on their own enterprise.
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In 1900 Americans on average lived for only 49 years and most working people died still on the job.
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If you think about it, Washington's overwhelming power in the world is founded on death, the awesome arsenal for killing people.
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The scandalous question that hangs over modern government and excites perpetual outrage is about political money and what it buys. What exactly do these contributors get in return for the hundreds of thousands, even millions of dollars they funnel to the politicians?
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