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The Ticking Time Bomb - The Need for A National Pension Commission

January 13, 2012
Thomas J. Mackell, Jr.

We are all well aware that pensions in the private sector have been under attack for decades and the assailants have been very successful with doing away with Defined Benefit Plans. In the early 80s, some 80% of private sector workers were covered by Defined Benefit plans. Today, it is down to approximately 16% and sliding off the cliff.

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Our Clownish Political Circus

December 21, 2011
By Thomas J. Mackell Jr.

There is mounting investor doubt about the ability of political leaders on both sides of the Atlantic to slash spending, control budget deficits or place the necessary controls and rules for transparency on banks and other financial institutions.

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The Frictions of Daily Life

January 12, 2012
By Thomas J. Mackell Jr.

The title of this essay was an expression used frequently by the late David Montgomery the labor historian.

It was said that he used this expression to expand the notion of how class happens, to describe all of the many ways in which workers have been strained and diminished. It was those frictions that produced a sense of being a member of a class being denied its full rights.

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The Super Committee - A Band of Fakers

November 29, 2011
By Thomas J. Mackell, Jr., Ed.D., Senior Partner, Black Thorn Lynch Associates, Inc., former Chairman of the Federal Reserve Bank of Richmond and author of: "When the Good Pensions Go Away: Why America Needs a New Deal for Pension and Health Care Reform."

What should we call them? The "gang that couldn't shoot straight" or the "stupid committee?" This is the notorious group of Republicans and Democrats who told us that they  "struggled" with the basic tasks of governance but they lost.

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