Geen evolutie en ecolutie zonder revolutie!

Albert Einstein:

Twee dingen zijn oneindig: het universum en de menselijke domheid. Maar van het universum ben ik niet zeker.

woensdag 12 december 2018

Activisten die deportatie van vluchtelingen stopten zijn aangeklaagd wegens terrorisme

Weer eens een staaltje ongelofelijk maar waar: de 15 activisten die op 28 maart 2017 verhinderden dat een vliegtuig voor deportatie van vluchtelingen kon opstijgen van de Britse luchthaven Stansted, zijn aangeklaagd voor terrorisme...... De Stansted 15, zoals deze mensenrechtenactivisten sindsdien worden genoemd, zijn mensen uit 3 verschillende vreedzame actiegroepen, t.w.: End Deportations, Plane Stupid en Lesbians and Gays Support the Migrants.

De Stansted 15 hebben geen geweld gebruikt en blijkbaar vindt men een dergelijke geweldloze actie in Groot-Brittannië een daad van terreur....... Waar deze groep zou moeten worden geprezen voor de juiste, niet gewelddadige inzet!

Afbeeldingsresultaat voor Stansted 15

De deportaties vinden plaats zonder enig toezicht van mensenrechtenorganisaties en te vrezen valt dat mensen met grof geweld worden uitgezet, zeker gezien de voorbeelden uit het verleden (overigens ook door onze overheid....). De veiligheidsbeambten die de vluchtelingen vanuit GB begeleiden staan bekend om het gebruik van grof geweld...... Om de publieke opinie niet tegen zich te krijgen zorgt de Britse overheid ervoor dat de deportaties van vluchtelingen altijd midden in de nacht plaatsvinden.......

Niet alleen in Groot-Brittannië, maar overal worden de strafeisen en straffen van dit soort activisme opgeschroefd, echter dit slaat wel alles van wat we hebben meegemaakt, althans in de westerse wereld......... Te vrezen valt dan ook dat na het uitspreken van de straf op 4 februari 2019, men ook elders nog zwaarder zal gaan straffen....... 

Het zal toeval zijn, maar het is wel opvallend dat de strafeis tegen de Stansted 15 net na het meer dan lamme overleg in Marrakech over 'de vluchtelingencrisis' werd uitgesproken, een overleg wat leidde tot het volkomen overbodige Marrakech pact...... Een pact waar geen rechten aan kunnen worden ontleend, maar waarbij men weer eens publiekelijk de handen in het bloed van duizenden omgekomen vluchtelingen heeft gewassen....... 

Daar er in het Marrakech pact een aantal keren werd gesproken over het tegengaan van vluchtelingenstromen, is de kans levensgroot dat regeringen zich achter dit pact zullen verschuilen, als zij weigeren vluchtelingen op te nemen........

Nergens in het Marrakech pact wordt gesproken over het tegengaan van vluchtelingenstromen, door westerse landen te veroordelen die illegaal oorlog voeren tegen landen in het Midden-Oosten en Noord-Afrika, oorlogen geleid door de VS met hulp van haar NAVO partners, waar de VS in feite het opperbevel heeft over diezelfde NAVO........ 

Intussen stuurt men mensen terug die grote kans lopen vermoord te worden, zoals een lesbische vrouw, wiens man al heeft gezegd haar te zullen opwachten na deportatie, hoogstwaarschijnlijk om haar te vermoorden......... Om nog maar te zwijgen over de vluchtelingen die teruggestuurd worden naar Afghanistan en Irak, omdat Buitenlandse Zaken met rammelende rapporten (ambtsberichten) komt die stellen dat men veilig is in die landen.......

De verantwoordelijken voor illegale oorlogen die vluchtelingenstromen op gang brachten en brengen, die bovendien het gore lef hebben vluchtelingen te weigeren, zouden terecht moeten staan wegens ernstige mensenrechtenschendingen en het moedwillig in levensgevaar brengen van mensen........ Verantwoordelijken van landen die in feite direct schuldig zijn aan de dood van de vele duizenden die in de Middellandse Zee en de Egeïsche Zee zijn verdronken! Zoals je al had begrepen zijn de verantwoordelijken voor de enorme vluchtelingenstromen de VS en andere NAVO-lidstaten (inclusief Turkije), met hulp van Saoedi-Arabië, de Golfstaten, Egypte en Marokko.

De hoogste tijd dat het Internationaal Strafhof wordt uitgebreid en zich meer gaat roeren in de media met beschuldigingen aan het adres van bijvoorbeeld de VS en de andere NAVO-lidstaten!

Hoe is het mogelijk dat mensen die zich inzetten voor mensenrechten en die de dood van vluchtelingen willen voorkomen, worden aangeklaagd door het Britse openbaar ministerie, een ministerie dat tegelijkertijd geen actie onderneemt tegen het elders illegaal oorlogvoeren (één van de ergste vormen van terreur!) door haar eigen overheid, waardoor alleen deze eeuw al 2,5 miljoen mensen zijn vermoord....... 

De wereld alweer totaal op de kop!! 

ACTIVISTS WHO STOPPED DEPORTATION FLIGHT CONVICTED OF TERRORISM CHARGE, FACE LIFE IN PRISON

Immigration


United Kingdom (NM) –  A group of 15 activists who prevented a deportation charter flight from leaving Stansted airport by locking themselves together around the aeroplane have been found guilty of a terrorist offence.
The so-called Stansted 15 spent nine weeks on trial charged with an offence that has never been used before in response to a non-violent direct action and carries a maximum sentence of life in prison.
They were convicted by a jury at Chelmsford Crown Court on Monday 10 December and will be sentenced on 4 February 2019.


Ben Smoke, who was arrested after being cut away from the front wheel of the aeroplane, said the guilty verdict would have “huge ramifications on the ability of people to engage in what is a very long tradition of direct action in this country”.
The 27-year-old told Novara Media:
I’m obviously terrified for myself, terrified for what the future holds, but more than that I’m terrified about how we carry on fighting a government that just won’t listen, how we carry on fighting a government that has been proven to be so disgusting and despicable every way you turn.
You look at the UN report that came out recently that said that austerity is a choice, they have made a choice to kill 120,000 people, if we’re in a situation where we can’t fight that how do we go on? How do we carry on? How do we change our society?”
The activists, from campaign group End Deportations, were originally charged with criminal damage and aggravated trespass after the action on 28 March 2017, offences too small to warrant trial by jury and carrying a maximum of just three months in prison. The prosecution later sought special permission to add an additional charge of “endangering safety at an aerodrome”, a terrorism offence created in response to the 1988 Lockerbie bombing, in which 270 people died.
They stood accused of putting the safety of the airport and passengers at risk and causing serious disruption to international air travel for taking part in the non-violent direct action, in a move Amnesty International described as “using a sledgehammer to crack a nut”. The human rights organisation, which observed the trial for its duration, was concerned that the severe and unprecedented charge may have been brought in order to discourage other activists from taking non-violent direct action in defence of human rights.
Labour’s Shadow Attorney General Shami Chakrabarti condemned the verdict on Monday, pointing out that it coincided with the 70th anniversary of the Universal Declaration of Human Rights.
What a sad International Human Rights day, when non-violent protestors are prosecuted for defending the Refugee Convention, and are treated like terrorists,” she said . “Labour in Government will review the statute book to better guarantee the right to peaceful dissent.”

Smoke said he believed the verdict could violate “the contract of our democracy” by obstructing channels that should be available for everyone to demand change.

He referenced the harsh sentences given to the suffragettes when they used direct action to challenge laws preventing women from voting in the early 20th century and said he feared the outcome of the Stansted 15 trial would have the same deterrent effect. “These people are people who were denigrated at the time and now are being heralded as heroes,” he said. “I’m not for a second trying to put us in that category but what they then experienced… imprisonment and being force fed, really, really meant that it became a harder thing to do to take a direct action to try and change the society you live in and to try and make society better… that’s what I’m terrified of seeing coming out of this action.”


Wearing pink bobble hats, hi-vis vests and jumpers emblazoned with the words “mass deportations kill, no one is illegal”, the coalition of activists from End Deportations, Plane Stupid and Lesbians and Gays Support the Migrants, chained themselves to a plane set to deport 60 people to West Africa on 28 March 2017 and stopped it from taking off.

In protesting against the injustices of the UK border and immigration system, the group focused their efforts specifically on the issue of mass deportation charter flights on account of the flights being the hardest form of deportation to individually resist. End Deportations campaigners argue that the flights were introduced by the government for that very reason.
Activist Helen Brewer explained that the group spent months considering the best and safest way to blockade the flight. “After coaches arrive from detention centres they go into a private car park,” she said, “then you have the crew coming down from their hangar to ready the plane. So [we knew we had to act] before the coaches drive from the car park to the plane to board people… So that’s what we did.”
Strategically, Brewer said, it made sense to target the aeroplane itself because people may be taken from all over the country to be deported on a charter flight, “but there’s only one plane”.
Deportations used to take place on regular commercial flights. But when passengers and pilots started to object on moral and political grounds, the Home Office changed tack and begun chartering deportee-only planes.
Shrouded in secrecy, these planes leave from undisclosed locations in the middle of the night. By doing this, they are more insulated from public opinion and the kind of reputational pressures that caused Virgin Airlines to announce it would no longer assist the Home Office with forced deportations.
Notorious for their violence, the only people on the flights are deportees and security guards. With no independent monitoring or documentation of what takes place on the way to the airport, during the flight or after landing, deaths in transitare not unknown.
At the heart of the group’s decision to take action was the desire to protect vulnerable people from the myriad violences of the UK border regime.
In her closing statement, Mel Evans, one of the defendants who represented herself throughout the trial, said about the action:
This was never about politics. It was always about people. We wanted people to be safe… And now some of them are safe, and they’re able to be with their families and be with the people they love. And that’s all we were trying to do.”
One manifestation of this violence is in the way the flights themselves are enacted. Chains and restraints are commonly used to subdue passengers, sometimes even fatally. In 2010, 46-year-old Jimmy Mubenga died of suffocation after being pinned down in his seat by G4S security guards, despite already being handcuffed from behind with his seatbelt on.
Beyond the immediate danger of being on the plane, there is also the issue of the potential further violence awaiting passengers when they arrive in the country they are being deported to. Addressing the jury, Evans read the testimony of one of the passengers on the flight:
[There] was a lesbian woman who was terrified of what would happen if she saw her ex-husband: ‘[He] said he knows I am being deported next week. He is waiting for me. He is planning to kill me. I don’t want to go on that plane. I can’t go. I am begging.’”
But this is far from an isolated incident. According to Brewer, “a deportation happened on Tuesday to Nigeria and Ghana. This was one flight we stopped out of thousands.” Using this logic, each of these individual acts of violence is connected – part of what Luke de Noronha, a spokesperson for the End Deportations campaign, described as “the architecture of racialised border violence”.

WITHOUT THEIR ACTIONS I WOULD HAVE MISSED MY DAUGHTER’S BIRTH’ 

Out of the 60 people set to be deported on the flight, 11 are still in the UK as a result of the action. Two out of those 11 now have indefinite leave to remain and four have been referred to the National Referral Unit For Human Trafficking. Five are still waiting for their appeals to be heard.
Kevin*, one of the passengers on the flight, was set to be deported to Ghana where he lived up until his late teens. He has since been granted leave to remain.
As a young child, Kevin was left in the care of his abusive father after his mother moved to England, but once he had finished school in the mid 2000s, he was finally able to join her in London.
In the UK he successfully applied for indefinite leave to remain. However, this was revoked after he received a criminal conviction. As a result of the loss of his immigration status, he faced deportation and with it, the prospect of being forced to leave behind his elderly mother, pregnant partner and children.
For Kevin, the impact of the action was life-changing. He said:
For me a crime is doing something that is evil, shameful or just wrong – and it’s clear that it is the actions of the Home Office that tick all of these boxes. The Stansted 15 were trying to stop the real crime being committed.
Without their actions I would have missed my daughter’s birth, and faced the utter injustice of being deported from this country without having my [now successful] appeal heard.
My message to them today is to fight on. Your cause is just and history will absolve you of the guilt that the system has marked you with.”
Indeed, current government policy is widely known as ‘deport first, appeal later’. An asylum decision-maker for the Home Office recently described the process as a “lottery” in which “pushy managers [tried to drive] results through fear and intimidation.”

EVERYDAY IS A FIGHT IN THE COURTROOM’ 

The nine week trial began on 1 October 2018 at Chelmsford Crown Court in Essex, during which seven of the 15 gave evidence. Despite allowing the defendants to give their political reasons for the action during the trial, Judge Christopher Morgan ruled that they could not rely on the defence that they acted to stop human rights abuses. However, one of the lawyers for the defence, Mr Wainwright, described them as having “a real and genuine concern for the sanctity of human life”.
Throughout the trial, the prosecution repeatedly deployed anti-immigration rhetoric in discussing the case. A “fence” became “a protective membrane” – there to stop unknown foreign bodies from passing through. While, in his closing speech, lawyer for the prosecution Tony Badenoch QC repeatedly referred to the activists as a “swarm” – a denigrative metaphor routinely deployed by right wing media and politicians in the migration debate.
Listening to the prosecution without being able to defend themselves was a constant source of frustration for the group. Speaking to Novara Media shortly before the trial ended, Brewer said:
We have to be in court usually from ten until four everyday, in a windowless courtroom, under fluorescent lights, sitting silently in the dock. [We] can’t speak except through [our] barristers and [we] have to listen to someone talk about [us] and…what we did and interrogate that and really smear that and present to the jury something that most of us completely disagree with. It’s hard. And it’s hard when you’re constantly battling; everyday is a fight in the courtroom.”
Following Morgan’s summing up on 4 December, the Guardian has reported that barristers defending the 15 argued the jury should be discharged because the judge’s final words were so severe they amounted to a direction to convict.
The length of the trial, combined with the threat of life in prison, has had a negative impact on the mental and emotional health of the group.
Activist Laura Clayson said she had been prescribed anti-anxiety medication as a result of the stress of the trial.  “Given that it’s been nearly 19 months since we took action, 15 since the charge was escalated to endangerment, and we have only just come out the other side of the trial, I haven’t even begun to be able to start processing or unpacking it,” she said. “Living with such uncertainty and precarity makes life incredibly difficult and it has been hard to function normally, to think ahead or plan anything. The trial has always been there, looming over us.”
they found us guilty. we'll get sentenced 4th february. we're reeling.. but whatever they do to us, it will never be as bad as the suffering the home office inflict on people every single day. we will keep fighting in solidarity with those people.

The 15 activists intend to fight the conviction. In a statement released after the verdict was announced the group said:
We are guilty of nothing more than intervening to prevent harm. The real crime is the government’s cowardly, inhumane and barely legal deportation flights and the unprecedented use of terror law to crack down on peaceful protest. We must challenge this shocking use of draconian legislation, and continue to demand an immediate end to these secretive deportation charter flights and a full independent public inquiry into the government’s ‘hostile environment’.”
Justice will not be done until we are exonerated and the Home Office is held to account for the danger it puts people in every single day. It endangers people in dawn raids on their homes, at detention centres and on these brutal flights. The system is out of control. It is unfair, unjust and unlawful and it must be stopped.”
The guilty verdict marks a huge blow to the landscape of UK activism at a time when there has been a concerted effort to clamp down on the right to protest. From today’s guilty verdict, which itself was only made possible by the use of an unprecedented terrorism charge, to the jailing of the so-called Frack Free Fourearlier in the year, the future of non-violent direct action in the UK is far from certain.
Kate Allen, Amnesty International UK’s Director said:
It’s deeply disturbing that peaceful protesters who caused disruption but at no time caused harm to anyone, should now be facing a possible lengthy prison sentence. This whole case will send a shiver down the spine of anyone who cares about the right to protest in our country. Around the world, human rights defenders are coming under increasing attack. The UK should not be bringing such severe charges against those who seek to peacefully stand up for human rights.”
Meanwhile, the End Deportations campaign will continue its fight to abolish deportations and detention centres and end the violence of the UK border regime.
In November, women in Yarl’s Wood detention centre again went on hunger strike to protest against their indefinite detention, describing the experience of living in Britain’s only female detention centre as a form of “hell”. It is clear that activists like the Stansted 15 are vital in resisting the UK border regime alongside those who feel the full force of its violence.
*Identifying details have been changed to protect anonymity

This report prepared by Beth Perkin for Novara Media 

dinsdag 11 december 2018

Pensioenen >> de grootst bestaande Ponzifraude

Bruce Wilds heeft afgelopen zondag op zijn blog 'Advancing Time' een artikel geschreven over de pensioenen en volgens hem is dat (terecht) de grootste Ponzifraude*, ooit vertoond....

Het verschil met onze pensioenen is maar minimaal, ook hier zet men in op beleggingen in de aandelenmarkten, waar op papier 'mooie rendementen' worden gemaakt, maar waar een pensioenfonds ook op één dag miljarden kan verliezen.......

Overigens is de situatie hier bijna nog desastreuzer, daar de regering zomaar gelden uit de fondsen kan halen en deze aan de werkgevers of aan de staat kan doen toekomen, zoals in het verleden is gebeurd onder PvdA afbraakkabinet Kok, waar men meer dan 100 miljard oude guldens heeft gestolen uit het door werknemers gespaarde geld....... Nu komt de ene na de andere VVD'er en andere politici met de idee om de pensioenfondsen te laten beleggen in zaken die men anders niet gefinancierd krijgt, je snapt uiteraard dat wanneer daar iets misloopt, er zware verliezen worden geleden op de door de leden gespaarde gelden........

Intussen is het zo zot dat pensioenfondsen als in de VS het grootste deel van de gespaarde gelden mogen vergokken op de beurs......... Terwijl de VS overheid al 7 biljoen dollar tekort komt op de pensioenen, waarmee het al niet kan voldoen aan de eerder gedane beloften..........

Vandaar ook dat men in Nederland met de nieuwe voorliggende pensioenwet uitdrukkelijk stelt dat de resultaten uit het verleden geen garantie voor de toekomst bieden...... Nee men moet rekening houden met een lagere pensioenuitkering, zoals een aantal Nederlandse pensioenfondsen dit al een paar jaar doen....... Lullig genoeg hoor je over dat laatste niets in de reguliere media......

Je vraagt je werkelijk af waarom werknemers/arbeiders niet al lang de straat op zijn gegaan om te demonstreren tegen het desastreuze beleid van pensioenfondsen, die extreem goed voor zichzelf zorgen, peperdure designgebouwen, een top die zwaar wordt overbetaald, het verzenden van totaal overbodige tijdschriften aan de leden, die geen hond leest en ga nog maar even door!!!! Je zou bijna zeggen: trek je gele hesje aan en trek op naar Den Haag om het politieke geteisem een les te leren (ach ja, we leven in Nederland en ik vrees dat dit pas zal gebeuren als pasen en pinksteren op één dag vallen.....)

Advancing Time

Pensions Are The Biggest Ponzi Scheme Of Man

Sunday, December 9, 2018

At times it is wise to revisit the matter of pensions and how in many ways they are the biggest Ponzi Scheme of modern man. In a week where the stock markets took it on the chin and billions of dollars worth of wealth vanished in the blink of an eye, what better time to look back on what most people view the backbone of our retirement system which is pensions and the paper promises they represent. While much of the mainstream financial media has been telling us that all is well problems continue to grow in the area of pensions.

Pension payouts are often predicated on the idea the money invested in these funds will yield seven to eight percent a year and in today's low-interest rate environment, this has forced funds into ever riskier investments. This translates into buying more stocks at what may be the top of the market or allocating a larger portion of the funds' assets to investing in real estate often located on distant shores. The fact is top rated bonds yield little and sitting on cash is not an option for pension funds. In the U.S. alone, federal, state, and local government pensions are $7 trillion short on the funding they need to pay what they have promised.


The World Economic Forum (WEF) reports that in 2015, worldwide pensions were underfunded by $70 trillion dollars and a more recent report from may of 2017, reinforces the view of an ugly day of reckoning ahead with the funding gap dwarfing the world GDP. Considering we also have almost $50 trillion of unfunded Social Security obligations you begin to see just how enormous the pot of future promises has grown. Adding to our woes, America’s private pensions also have a big hole to fill, a total of around 1,400 corporate pensions are a combined $553 billion behind in funding and 25% of those funds are expected to go broke in the next decade.


Part of the problem stems from the curse of living longer, not only is the gap driven by longer lifespans and reduced levels of savings. With this in mind, it is important to remember this is the retirement money of teachers, firemen, and working folks which they expected to be prudently placed in conservative and safe investments and are counting on to be there to ease the pain of aging. Needless to say, the math alone is troubling but when coupled with the overwhelming possibility of a major financial dislocation looming in the future a nightmare scenario for pensions drastically increases.

Pensions And That Bernie Madoff Thing

The PBGC America's pension safety net is already under pressure and failing due to the inability of pension funds to meet their future obligations, this is even before considering the corruption and shenanigans government will unleash to solve this ill. One common solution also offered up in the WEC article was to increase contribution rates which translates into forcing current workers to pay more to support retired workers. Another example of the poor solutions being put forth to combat the awful demographics is trying to get people to have more children based on the fact there just aren’t enough young people being born to pay out benefits for retirees.


This problem is being addressed in South Korea, where about 13% of the population is currently of retirement age: 65 or older and where 40% of the population will be over 65 by 2060. South Korea's answer for the problem to this problem has been for the government to spent $113 billion during the past 12 years urging people to have more children. This is a clear example that the pension problem is not only much bigger and more severe than most people are willing to acknowledge but it is global in scope and slashing retirement payments or increasing current contributions will result in political backlash.

In addition to bad economies and investment that blow up in their face, there is also the issue of corruption, those who run the pension funds and have been designated with the power to invest pension funds cannot be totally isolated from their greed or be monitored every second of the day. Where there is money corruption tends to be close by and the last decade has been a bonanza of financial malfeasance and the lack of accountability has extended into the management of pension funds. Prosecutors and regulators have failed miserably in crafting the kind of penalties that could meaningfully deter wrongdoing leaving Americans in the lurch. More than one pension fund manager has been caught with their hand in the cookie jar and this is not expected to change.


Pensions are giant pools of capital responsible for paying out retirement benefits to workers. And right now many pension funds around the world simply don’t have enough assets to cover the retirement obligations they owe to millions of workers. Governments have lulled their populations into a false sense of security based on financial promises they are not going to be able to keep and most likely will exacerbate generational conflict going forward. This is not simply a political problem, it’s an arithmetic problem, for which no real answer exists.

In the U.S., we have two massive national programs designed to care for the elderly and a slew of other overlapping programs such as Supplemental Security Income, a "means-tested welfare program" also known as SSI and the Supplemental Nutrition Assistance Program aka SNAP which was formerly known as the Food Stamp Program. While Social Security is geared at providing all Americans with a small pension, and Medicare covers medical expenses with all workers paying taxes to fund the benefits we may someday receive many people look towards their pension to make life more comfortable. The chart to the right does a poor job of detailing just how much people have saved.


Unfortunately, the bottom-line is millions of people have been planning their futures based on promises made over decades that have no basis in economic reality. Sadly, those who find themselves living on Social Security benefits alone often find it to be a rather meager existence. 

While many people move towards retirement thinking it is free, Medicare has deductibles and co-payments that can add up quickly. Both programs were formed hoping that people would have their own savings and other resources to supplement their expenses, unfortunately, the reality is that many Americans work well past 65 just to make ends meet.

Footnote; The PBGC, America's safety net for failed pensions has total assets of about $88 billion and liabilities of $164 billion, this is an indication of how dire the situation is. The article below delves into why in the future many pension payouts will be cut.
 
http://brucewilds.blogspot.com/2016/05/pension-benefits-will-be-cut.html

Also, a great deal of the crazy ideas we hear should be considered not real solutions but desperate attempts to render the laws of economics moot moving us further into the false state of modern voodoo economics. The article below delves into how these help to perpetuate the false illusion all is well.
http://brucewilds.blogspot.com/2016/05/belief-in-false-illusion-of-stability.html
Posted by Bruce Wilds at 8:53 AM 
(en hier een geweldige reactie:)
Jello Beyonce December 9, 2018 at 2:57 PM
Pensions are a ponzi scheme because the stock market is a ponzi scheme because the whole of the U.S. (and thus world) economy is a ponzi scheme.
"Capital", aka economic growth, is being created via debt.
Real money exists merely as a function to service that debt.
(this is called fractional reserve banking).

Thus "growth" is increasingly being realized only thru growing debt.
This is ok when you have growing numbers willing to support growing debt, bad when you don't (just like all ponzi schemes).
The "baby boom" was able to support this scheme, as there was a quick boom of new entrants into the ponzi system.
Yet that "boom" has now tapered, and recessed, leading to the current crisis.
Gains can now only be realized as other incur losses.
People looking for profit are turning to get-rich quick schemes, to support that stagnation of new capital.
They'll put their money into short-term gaining assets, creating pseudo-booms, then pull out after reaping their profits, causing subsequent crashing of those assets (refer to the rise of the housing & stock markets, even trendy assets like cryptocurrencies).
They create short-term trends, suck as many people as possible into those trends, then destroy them.
The stock market will be the same.
The stock market has increasingly become consolidated and controlled by a few.
Vangaurd, State Street and BlackRock account for some $16 TRILLION of a total U.S. markets capitalization of some $90 trillion.
That's over 17 percent of all the markets, owned by just THREE firms.
Add in their collaborators (with each of these companies comprising the largest shareholders of each other, in a highly-convoluted cartel like relationship), like JP Morgan, Invesco, Fidelity, Northern Trust, Geode, Wellington Management, etc., and you have some 40-50 percent of the markets owned & thus controlled by a few firms.
Add individual billionaire investors and you have some 90 percent of ALL the markets controlled by the .001 percent.
The "economic recovery" is a farce.
Businesses are still struggling for cash. 
The m1, m2 & m3 money supplies have stagnated.
Debt is about the only avenue available for growing expenses (& highly under-reported inflation).
Pensions are relying more & more on investments, and as such must invest in these large money-management and investment firms, whom have captured and dominated the markets via these largesr pension investments.....and all for short-term profit.
These firms have engineered the farcical "economic recovery", and have created a Catch-22 conundrum in the process.
They've created a doomed system where people must participate in order to maintain that doomed system, which will fail sooner or later.
At some point, this ponzi-scheme market will come crashing down, after those profiteers extract as much profit as they can.
This market crash will lead to the next great pension crash, as those few profiteers will have made their gains....at the expense of everyone else downstream (the true "trickle-down" effect of the ponzi economy).
Debt fueled economic growth is absolutely unsustainable, absent a population boom. 
It's interesting that Baby Boomers are only able to sustin their retirements off the future losses of their kids.
Most have no idea the problems they're passing onto their children.
Their quickly growing home prices/equity and investments are quickly becoming a growing nightmare for the next generation, as they head into retirement.
One of the largest, and most growing, yet mostly concealed concerns, is the reducing birth rates of the current generations.
=========================================
* Ponzifraude is vernoemd naar de VS burger van Italiaanse komaf Charles Ponzi. Het gaat erom met de belofte van grote rendementen en weinig risico zoveel mogelijk mensen te lokken. Van de deelnemers wordt inleg verwacht, uiteraard onder de zojuist aangehaalde belofte van grote opbrengsten. In werkelijkheid worden er echter geen gelden belegd in productieve activiteiten, maar worden de deelnemers betaald met geld van nieuwe inleggers..... Natuurlijk gaat e.e.a. gepaard met het roemen van een revolutionaire beleggingsmethode en aanvankelijk ontvangen mensen inderdaad gelden (zolang er maar genoeg nieuwe deelnemers meedoen...)... Uiteindelijk loopt de boel spaak zoals je begrijpt. Het verschil met een piramidespel is dat de deelnemers niet zelf nieuwe leden hoeven aan te brengen, dat doen de organisatoren. Deelnemers krijgen geen uitkering aan de hand van het aantal aangebrachte nieuwe deelnemers, maar op grond van tijdsduur en grootte van de inleg, vandaar dat men de boel redelijk makkelijk als een beleggingsproject kan verkopen........

Voor meer berichten over pensioenen, klik op het betreffende label, direct onder dit bericht. Na een aantal berichten zie je het laatst gelezen bericht herhaald worden, dan even opnieuw onder dat laatst gelezen bericht op 'pensioen' klikken, enz. enz.