Laurence Fink, the 60-year-old CEO of Wall Street money manager BlackRock Inc., wants the retirement age raised to 70. In one TV interview, he explained that we could all wait a few more years before collecting Social Security because most of us have jobs where we just "sit around."
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A new report by IPS and Campaign for America's Future shows that America’s top CEOs are pocketing massive taxpayer subsidies at the same time they’re pushing austerity cutbacks in government programs that benefit ordinary citizens.
Aging baby boomers may remember a 1960s rock band that sported an all-time great name. That band — Question Mark and the Mysterians — may now have a worthy rival on the name front. Make way for Reinhart-Rogoff and the Austerians.
We are supposed to cheer the possibility that 21 years of failed U.S. diplomacy might — just might — become 22? There is no indication Israel is any more willing than it ever was to stop violating international law and UN resolutions. There is no evidence that any of the 600,000 or so illegal settlers who are violating international law every morning just by getting out of bed, are at all worried about losing either their illegally built homes or their military protection and privileges guaranteed by the Israeli state. There is no sign the siege of Gaza is being cancelled. And most important, there is no hint that the U.S. is prepared to bring any pressure to bear on Israel to end any of those violations.
The International Monetary Fund is accustomed to rallies outside their Washington, D.C., headquarters during their annual meetings. What was different this past weekend was that the activists on the outside and several high-profile government and financial industry speakers on the inside were calling for the same thing: a financial transaction tax.
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"Fix the Debt" CEOs Enjoy Taxpayer-Subsidized Pay
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Civil Society and Entrepreneurs Call on World Bank to Clean Up Energy Lending
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