1. In 1980, the average retiree had almost $300k in defined corporate benefits. By 2015, he had $100k in a 401k which, with inflation, was a 90% drop in buying power.

2. In 1980, the top 2% owned 20% of America's capital wealth. By 2015, it was 50%. Today, it is over 75%

Workers' profits(savings) and their retirements were stolen. How did this happen? Stock options and 401ks.

Stocks are a form of currency which can be readily traded for everyday dollars. Stock options are business insiders indirectly counterfeiting everyday dollars.

The 1930s Great Depression was caused, in part, by bank-issued money. Timistically, it was counterfeiting time without any time-worthy backup assets. When savers wanted their saved labor in dollars, the banks closed. Banks were banned by law from printing their own curency.

Wall Street has metastasized a new class of the 1800s Robber Barons with stock options and IPOs. The original Gilted thieves had monopolies to bleed workers' paychecks at the check-out counter. Today's guilted thieves are pension robbers as they bleed workers retirement.

Workers work on. Decapitalists play on. Workers pay for the decapitalists' play and for M&M's: mansions and mistresses.

Now, banks are back at it again by organizing Initial Public Offerings (IPO) of corporate stocks/species/currency. IPO's reality is Insiders Phooling Outsiders. MBA's reality is Master of Bankrupting America. The next depression will be very violent as today's Americans lack the 1930s morality.

Consider what the pension killers do with wage-earners profits. (The listing is the tip of the iceberg ripping titantic holes in our retirement vessels.)

1. Jeff Bezo had a $80k Amazon salary. How did he pay $250 million for Washington Post? Or, buy billion dollar yatchs? Your 401ks. At the start of 2024, Jeff Bezos owned 988,251,817 shares of Amazon stock" (Google @$214/share, June 2025). Amazon destroyed Main Street America and a Silicon Valley decapitalist is rewarded with a self-created $200+ billion stash of counterfeit money. Since 2024 he has sucked over $12 billion from workers' retirements. This is the decapitalism after politicians and economists waved their magic wands over capitalism in order to give a few the money of the many. Adled minds are the waste shops of economists.
2. The two national weekly newsmagazines (Time and Newsweek) are owned by pension killers. Most newspapers have been bought by pension killers to censor political discourse. The LaTimes and Washingon Post, owned by pension killers, refused to endorse candidates in 2024 election.
3. Google's founders bragged about accepting a salary of only $1, but they have cashed in billions of self-printed Google stock. Each has over $170 billion in Google stock. This hypocrisy is rampant among Pension Killers as they think pay earners should glorify their philanthropic largess with middle-class retirement money. Their "Do no evil motto" is pickpocket politics to distract investigations.
4. Auctions: If you ever wonder where the multi-million dollar auction payments come for art, cars, diamonds, etc., look no further than your increasingly worthless retirement going thru 401ks to decapitalists.
5. Goodbye Social Security: If you like 401ks instead of defined pensions, you will support Elon Musk's plan to privatize Social Security which will give the Pension Killers access to the biggest savings bank in the world.
6. In business schools, especially the elite universities like Harvard, Stanford, Princeton, etc., they don't teach MBA to build profitable businesses but to build business models on which to sell stocks into wage-earners' pensions. Or, worse.
7. The majority of Trump's cabinet secretaries are pension raiders. Will they fix the system? No. Trump hires sycophantic thieves, dummies and bimbos.

Sport tickets have hidden costs

In recent years, purchases of sports teams have been by pension thieves using workers' 401ks: Mavericks, Clippers, Seahawks, Wizards, etc. Per the taxcode legalized by habitual politicians, if you buy a sports team, you can deduct the full team cost as a yearly 5% tax credit (not deduction). A hedge fund manager paid $6 billion for the Boston Celtics in 2025. He will receive an annual tax credit of $300 million until 2045. Who pays the missing tax revenues? The muddled middlie class obsessed with watching sports. With 401k buying stock options and higher taxes to replace the sports tax credit, workers pay twice for the sports teams. And, workers pay a third way because hedge funds and private equity firms close down needed production for a quick income. It is easier to kill a person than raise one to maturity.

The majority of Trump's cabinet secretaries are pension raiders. Will they fix the system? No. Trump hires sycophantic thieves, dummies and bimbos.

Why has this gone on for so long? Americans workers are players in their free time possessed of the play pathos.

All play and no politics makes Jack and Jill desperate, destitute and demised.

Like the simple solutions for reversing climate change (Silver Bullets and Golden Dagger) there are simple solutions to stop the financial rape of wage-earners. In the time terms of a basic time-creating problem-solver, there is little difference between a slave-owner and a 401k raider stealing the bread created by sweat of another human being.

410k's: The ownership of less and less (YouTube).