Never having read Ms. Schultz's work, I am a bit skeptical. I know at the company I work for, our retirement was funded at 102%, the maximum allowed by law (at the time). Our company, on their own initiative, sought to pre-fund the next year's retirement obligations, but the feds wouldn't let them, as it was seen as an "illegal tax shelter". Subsequently, 9/11, a bankruptcy, merger and not to mention the '08 mortgage "crisis", well, it clobbered the company's financial sheet. Not that companies don't 'stick it to labor' every chance they get (seemingly)....I'd like to read her work, and make up my mind for myself. If you want to read something that will absolutely make you
see red then read
The Creature from Jekyll Island, which is an expose' about the creation of
The Fed. i.e. the Federal Reserve. If you are not absolutely appalled, you weren't paying attention. There is a you tube video cliff-notes version
The Creature from Jekyll Island - A Second Look at the Federal Reserve by G Edward Griffin 1 of 5 - YouTube
that will whet your taste for it.
Chuck
(contributing to the thread-drift...)