Pensions Continue to Spiral Downward

Britian Steel Workers

There are 11 million workers in Britain who assumed they had great pensions. The British Steel Pension Scheme is proposing to break its pension promises to its 130,000 members because they are losing money. Tata Steel is looking to sell its holding in its UK plants over the next few months, and that means that the £15bn pension scheme, that would normally be put into the general Pension Protection Fund, has been the slush fund for failed companies. So in other words, what they thought was a guarantee, will be nothing of the sort. Once government takes over anything, it just bleeds money.

Latest Posts

Biden’s Replace Can Do Math!

@lunatheminicockapoo The way she thinks about each question ? #dogs #puppylove #dogsofttiktok #lunatheminicockapoo ♬ original sound – LunaTheMiniCockapoo
Read more

Market Talk – April 23, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 113.55 points or 0.30% to 37,552.16 Shanghai decreased 22.62 points or -0.74% to 3,021.98 Hang [...]
Read more

The Insanity of it All

  I do not get here how this New York judge has not dismissed this case, and Bragg has no jurisdiction to prosecute a federal crime, even if it was. [...]
Read more

Major Banks Debanking Christians

Debanking has become a major issue in recent years as institutions feel the current government gives them leeway to discriminate against customers based on their political beliefs. This is happening [...]
Read more