401k's: Biggest Bank Robbery In History

1. In 1980: A 65-year-old had almost $300,000 in corporate retirement. Top 1% owned 20% of US assets.
2. Today, A 65-year-old has $100,000 in a roller-coaster 401k worth only $30,000 in 1980 dollars. Top 1% owns 60% of America!
3. In one generation, just a few years, America's middle-class lost 90% of pensions and retirement!
4. Did top 1% earn or create wealth? Or, transfer wealth via 401k's, IPO's and stock options.
5. Capitalism is a victim of identity theft.
6. Decapitalism: Wall Street hijacked the terms and tools of capitalism to decapitalize production (bankruptcy) and to decapitate jobs (unemployment).
7. Re-capitalizing a corporation by private equity and hedge funds does not add capital but counterfeits stocks to sell over-priced to 401ks and pensions: More symbols of paper chasing less substance of assets as MBAs trim "fat." And what is the nature of this fat? They cut some low profit operations to claim a higher profit per sales dollar. This is like a basketball coach wanting to increase his players' average arm strength by cutting off their weakest arm. After removing a bald tire or a dying tree, can you photocopy your car or house title to sell to numerous people? Wall Street does when it flips a corporation. You go to jail. Decapitalist go on vacations with your retirement money.
8. MBA: Masters of Bankrupting America, aka, Masters of Business Assassinations
9. IPO: Insiders' Public Offering, aka, Insiders Phooling Outsiders
10. 401ks: A social, economic and political ticking timebomb.
11. Three Simple Laws Will Stop The Legal Thievery of Decapitalistic 401ks. If you would like to see those 3 law proposals, sign up a friend for free and receive five more lifehour credits.