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The nice policeman who killed a pregnant woman sentenced to die. That is where the kids to read the lights. The giants were accused of conspiring. All welcome to cctv new light from reaching up until an Ethiopian Airlines playing dusting for rome has been forced to land in geneva after being hijacked according to swiss police the flights seven and soon landed at six am local time o monday. The hijacker has been arrested and four passengers and crew all safe. Swiss police have not confirmed that a suspect in the college ekka is the co pilot and has surrounded the co pilot has since asked for poseidon in switzerland the plane was scheduled to take off from the sun about a band midnight local time. Cairo have pulled the fish as soap i did inform the control attacks of this in battle in southern egypt that his plane had been hijacked. Geneva international that port was placed over the grief trauma and has resumed said this now calling tell all the reach of many in china is set to buy in ag
Fascism. Ohio, democratic caller. Our last caller. Say imi would like to looking at their ratings and they are low because congress is slow because it is impractical nowadays. When the Founding Fathers made america, they were not thinking about population as large as it is now. Basically, there are way too many viewpoints for congress to laws or denyo pass others. We have the technology now where we can actually direct democracy. People have ipads in the internet. If we just voted online or Something Like that, dont have the infrastructure all laid out, but i feel like that to be a much more effective way to an effective government and more satisfied people. Host we will leave it there. Thank you for the calls this morning. That is it for todays washington journal. Has live coverage of the senate. Here on cspan, the Senate Finance subcommittee on Social Security and pensions, and family policy is about to start a hearing on the role of Social Security, defined benefits, and private ret
Pension had enough money. Account and by this clearly this reporter is not saying this is every business where everyone in the retirement industry. I would be interested and start you, mr. Mr. Baker and biggs. How serious is this problem of siphoning dollars from pension ofds to finance, the kind wheeling and dealing that was described and specific kind of instances. Effortnd of enforcement could be put in place to deal with this . This really looks to me like it is way over the line if not looting of private Pension Funds is pretty serious financial misconduct and should not be tolerated. We will start with mr. Baker and then mr. Biggs. I do think it is a serious problem. I do not think that explains the issue in terms of workers facing in adequate retirements. You have a number of instances where certainly people were violating the intent of the law. Ite money is in a pension, is supposed to stay in the pension. She gives several accounts in which companies were able to pull money fr
Recommend the retirees of infamy to 70 to 80 of their preretirement earnings. The typical new retiree today receives a Social Security benefit equal to 69 of their earnings immediately preceding retirement. Does this mean the retirees are living high on the hog in Social Security . Of course not. Many lowincome retirees who clearly receive inadequate benefits of the program, but its not their Social Security benefits are altogether sanjay. If you look at economic cultures say the u. K. , canada, australia or new zealand Pension Plans offer rates pretty close to a Social Security pays. Social security finances are commonly understood. They would reduce benefits to demand immediate and permanent 29 tax increase. If tax increases are delayed, the only grow larger. Some have been willing to propose such tax increases in particular by eliminating 113,000 ceiling on which payroll taxes are levied. This seems like a tempting and easy solution to the Social Security problem. That may point out