Pierce writes: "Defined-benefits pensions 'don't really exist' anymore because of deliberate acts of politicians that encouraged their wholescale destruction by American business."
Roger Goodell 'wants to freeze referee retirement plans that have been in place for years.' (photo: Peter Kramer/NBC/Getty Images)
Roger Goodell and the 1 Percent's War On Pensions
17 September 12
hat Roger Goodell, lord high commissioner of the National Football League, is a well-kept tool of the various plutocrats who own the franchises in the league over which he ostensibly presides is well beyond dispute at this point. But, as he currently helps the league commit consumer fraud on a weekly basis by entrusting the game to scab referees, he also is giving the game away on how exactly the people who pay his salary feel about people who work on salary generally in this country. Here's the head of the NFL Referees Association, even before this latest weekend of high-rent grifting:
"The key is the pension issue," [Scott] Green told HuffPost, adding that the pensions have been around since the mid-1970s. "A lot of our guys have made life-career decisions based on assuming that pension would be there."
In facing a pension freeze, the NFL refs have plenty of company. Corporations across the country have been trying to switch their employees from traditional defined benefit pension plans to cheaper, less reliable defined contribution plans. Just one example is Con-Ed, which recently locked out workers as it tried to phase out employees' traditional pensions and move them to 401(k)s.
And then, from the man himself:
"From the owners' standpoint, right now they're funding a pension program that is a defined benefit program," said Goodell, who was in Washington on Wednesday attending a luncheon hosted by Politico's Playbook. "About ten percent of the country has that. Yours truly doesn't have that. It's something that doesn't really exist anymore and that I think is going away steadily."
(Gotta love that "Yours Truly" touch. Rog is suggesting to the Politico buffet-grazers that he's really one of them. He'd sell them all for car-fare if it put another million in Jerry Jones's pocket.)
That's the tell, right there. This is the technique that has worked - alas, too successfully - for the one percent in almost every industry in America. People don't really have pensions anymore because the financial-services industry helped the one percent loot them for the benefit of folks like Willard Romney, which they were able to do because they were encouraged to bust unions and force people into 401K's, which sank with the rest of the economy while they were stealing everything that wasn't nailed down. Now look, over there: That teacher/fireman/NFL referee has something you don't have! That person stole it from you. Go get 'em. We'll wait right here on our piles of money while you and him fight.
Defined-benefits pensions "don't really exist" anymore because of deliberate acts of politicians that encouraged their wholescale destruction by American business. We didn't "evolve" from them to 401K's. We got them stolen out from under us. Roger Goodell is just the latest front man.
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Pension funds have become an asset in today's 1% run world instead of an obligation made by a company to the people it employs.
If employers want to cut pensions then they should be forced to put this money back into the wages/pay that workers receive today otherwise employers are in fact implementing a pay cut.
Guess what you football fans are in for.
Pensions are earned not given and I hope the players will rally around the striking "players." You may not agree with all their calls, but do agree with their ability to retire in dignity.
30 years ago, folks took teacher/fireman /public sector jobs that did not pay as well as private sector jobs - but as partial compensation they had excellent benefit packages (what we union folks refer to as "conditions").
over the past 30 years "the market" has steadily eroded both the wages and conditions of private sector employment. now the public sector employees often are working for better wages and substantially better benefits than their private sector counterparts.
its not because the public sector has flourished - its because the private sector has been raped. so now the rapists can point out how much better the public sector has things, and use envy to create hate so that one group of workers will turn on another group of workers and demand that everyone suffer.
take a guess about who wins in this little drama; hint - it ain't anybody you know....
This happened to my late husband. He even had a few bucks left over but they wanted hundreds to process it.
Greed knows no bounds.
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