John Edwards Mentioned Positively in a New Poverty Book
The context is about pensions (and folks getting cheated out of them when companies declared bankruptcy) within a chapter entitled, "Elderly, Angry, and Looking for Work."
"And while leading Democrats, such as ex-Senator John Edwards had long pushed for a reform of the bankruptcy process that better protected workers' pensions and prevented the executives of bankrupt companies from walking away with multimillion-dollar handouts, the Bush White House wasn't interested in such safeguards."
"During his campaign for the Democratic Party's presidential nomination, John Edwards claimed that from 2005 through early 2008 nearly two-thirds of US companies had frozen their pension plans, and one in five workers had actually seen reductions in the size of their eventual retirement benefits. This trends was a startling reversal of three quarters of a century of government policy aimed to shore up and protect the nation's pension systems."
The point here is that our elderly got ripped off and had to go to Wal-Mart or some where else to earn extra money.
http://tinyurl.com/ljtllx (link to Amazon copy)
You know, I bet this nonsense is still going on and no one is paying attention to it, even with a centrist administration.
I sure miss his voice. I think Earl Ofari Hutchinson did too when he penned his piece this week, "Poverty Is Still a Dirty Word."