By Dave Johnson
June 28, 2012 - 3:36pm ET
The student loan deal is badly needed. It should have just been extended
- duh! But the 1 percenters took it hostage and demanded their pound of
flesh before We, the People can preserve even this little bit of what
we do for ourselves. So as part of the "sweetener" for those 1
percenters there is a corporate pension giveaway in the deal that has
nothing to do with student loans. It appears they are going to let
companies underfund pensions -- money that should be set aside for
worker pensions tomorrow will instead go into 1 percenter pockets today
-- and are setting up for a taxpayer bailout (or just stiffing retirees)
later.
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