After They Take Your Pension, Will They Come for Your Healthcare Too?

In it’s ever growing more obvious disregard for the middle class & even the rule of law itself, Congress last week voted to retroactively allow for pension benefits to be reduced in the future. While the media focused on the Torture Report (another blatant disregard for morality & the rule of law,) Congress overturned nearly 40 years of Pension law and opened the door for future reductions of retiree benefits once guaranteed by law.

From an article on Naked Capitalism:

Cromnibus Pension Provisions Gut Forty Years of Policy, Allow Existing Pensions to Be Slashed

           Under the bill, trustees would be enabled to cut pension benefits to current retirees, reversing a 40-year bond with workers who earned their retirement packages.

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Peruvian Economy Facing Stiff Headwinds

As commodity prices & the Peruvian Sol have fallen, the business community and Peruvian government are looking for ways to support continued growth in the economy. Once the fastest growing economy in Latin America, Peru has seen growth rates falling rapidly this year.
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