Thursday, May 28, 2015

Kiyosaki: Pension tension & the eroding of American capitalism. “It’s not just bad for tax payers, it’s bad for pensioners.”

Robert Kiyosaki & Kim Kiyosaki, Rich Dad Radio, Release on 5/27/15
This is a very emotional subject: pensions. Politicians and unions promised pensions they had no way to fund for the last 40 years and the bill has come due. It’s not just bad for tax payers, it’s bad for pensioners. If you think local governments won’t take away the pensions they promised, you clearly aren’t paying attention. This week we have Sal Diciccio (Phoenix City Council) and Dan DiSalvo (City College of NY) to talk about the consequences of pensions gone wild and how a communist mindset by labor is eroding capitalism in America.

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