Die Sackgasse private Altersvorsorge wird immer deutlicher


20-01-20 01:01:00,

In seiner Neujahrsansprache verkündete BaFin-Chef Felix Hufeld Beunruhigendes. „Um manche Lebensversicherer und Pensionskassen“ stehe es nach den Worten des obersten deutschen Finanzaufsehers „nicht gut“. Dieses Urteil ist kaum überraschend, hat die fortwährende Niedrigzinsphase doch das Geschäftsmodell dieser Altersvorsorgemodelle obsolet gemacht. Die versprochenen Renditen sind mittlerweile Vergangenheit. Doch anstatt daraus den logischen Schluss zu ziehen und die gesetzliche Rente zu stärken, braut sich über die EU-Ebene bereits eine „Reform“ zusammen, die genau in die falsche Richtung geht und Millionen Menschen in die Altersarmut treiben könnte. Von Jens Berger.

Rund ein Drittel der 137 von der BaFin beaufsichtigten deutschen Pensionskassen befindet sich aktuell „unter erweiterter Aufsicht“ der BaFin, da sie „mittelfristig Probleme bekommen könnten, die Zusagen der Betriebsrentner“ zu bedienen, so Hufeld. Drei Anbietern wurde von der BaFin sogar bereits das Neukundengeschäft untersagt. Diese Anbieter, darunter die „Deutsche Steuerberater Versicherung“ und die Pensionskasse der katholischen „Caritas“ werden bereits abgewickelt. Für die Versicherten hat dies die bittere Konsequenz, dass die versprochenen Betriebsrenten gekürzt werden. Ein solches Szenario könnte auch Kunden klassischer Kapitallebensversicherungen drohen. 12 Lebensversicherer sind zur Zeit nur dank Übergangshilfen ausreichend solvent, um die Auszahlung der garantierten Leistungen abzuwickeln. 66 der 84 Versicherer müssen vom Gesetzgeber eingeräumte „Bilanzierungshilfen“ nutzen, um die vorgeschriebenen Kapitalanforderungen zu erreichen. Die klassische private Altersvorsorge ist in Schieflage geraten und das ist nicht sonderlich überraschend.

Ein Modell, das nicht mehr funktioniert

Klassische Kapitallebensversicherungen und Pensionskassen funktionieren nach einem recht simplen Modell. Die monatlichen Beiträge der Kunden werden zum größten Teil in festverzinsliche Anleihen mit oberster Bonität im gleichen Währungsraum angelegt. Dem Kunden wird ein Garantiezins versprochen und im Alter wird dann der verzinste Kapitalstock, also das eingezahlte Geld, in monatlichen Raten ausgezahlt. Abgezogen werden die üppigen Provisionen und Gebühren der Anbieter und wenn der tatsächlich erzielte Zins höher als der Garantiezins war, gibt es im besten Fall noch eine Überschussbeteiligung. Früher war dies – bei allen grundsätzlichen Nachteilen einer privaten Altersvorsorge – ein vergleichsweise sicheres Geschäft.

Von 1986 bis 1994 betrug der Garantiezins beispielsweise 3,5%. Der durchschnittliche Zinssatz für inländische Anleihen mit hoher Bonität – meist sind dies Bundesanleihen oder Anleihen der öffentlichen Hand – also die Umlaufrendite, schwankte in dieser Zeit jedoch zwischen 5,5% und 9,0%.

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1,500 Private Jets To Descend On Davos This Week, Up 50% From Last Year


21-01-19 04:20:00,

Some would call it ironic, others hypocritical but whatever your level of cynicism, here are the facts: as its top global risks for 2018 and 2019 in terms of likelihood, this year’s billionaire boondoggle at the World Economic Forum in Davos listed “extreme weather conditions“, i.e. global warming…


… and yet, according to Air Charter Service, no less than 1,500 private jet flights will land in Davos over the five days of its duration: a 50% increase in both private jets and toxic environmental emissions compared to last year, when roughly 1,000 private jets descended upon Davos.

Here are some more details about how these titans of industry with hearts oh so bleeding for the environment and the carbon content of earth’s atmosphere – as long as their own carbon footprint is ignored of course – travel.

As Andy Christie, Private Jets Director at Air Charter Services says, “the global interest in the event led us to analyse the private jet activity over the past five years of WEF. Davos doesn’t have its own airfield and, whilst we have several clients who fly into the town by helicopter, the four main airfields that private jet users attending the forum use are Zürich, Dübendorf, St. Gallen-Altenrhein and St. Moritz.

According to WingX figures the average number of aircraft movements – arrivals and departures – for those four airports over the rest of January will be over 70 per day. “Working with WingX, we looked at private jet activity at those airports over the six days of each WEF week since 2013 – from one day before the event to one day after” Christie said. “Last year was the busiest year for private jets so far, showing an 11% increase on 2017, with more than 1,300 aircraft movements. If we see a similar increase this year, we could be looking at almost 1,500 aircraft movements over the six days.“

“The week of the forum is unlike any other busy private jet event, such as the Super Bowl or Champions’ League final – it’s unique for the industry in that we receive bookings from a number of our offices around the world,

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The ‘Private Governments’ That Subjugate U.S. Workers


14-01-19 01:11:00,

Corporate dictatorships—which strip employees of fundamental constitutional rights, including free speech, and which increasingly rely on temp or contract employees who receive no benefits and have no job security—rule the lives of perhaps 80 percent of working Americans. These corporations, with little or no oversight, surveil and monitor their workforces. They conduct random drug testing, impose punishing quotas and targets, routinely engage in wage theft, injure workers and then refuse to make compensation, and ignore reports of sexual harassment, assault and rape. They use managerial harassment, psychological manipulation—including the pseudo-science of positive psychology—and intimidation to ensure obedience. They fire workers for expressing leftist political opinions on social media or at public events during their off-hours. They terminate those who file complaints or publicly voice criticism about working conditions. They thwart attempts to organize unions, callously dismiss older workers and impose “non-compete” contract clauses, meaning that if workers leave they are unable to use their skills and human capital to work for other employers in the same industry. Nearly half of all technical professions now require workers to sign non-compete clauses, and this practice has spread to low-wage jobs including those in hair salons and restaurants.

The lower the wages the more abusive the conditions. Workers in the food and hotel industries, agriculture, construction, domestic service, call centers, the garment industry, warehouses, retail sales, lawn service, prisons, and health and elder care suffer the most. Walmart, for example, which employs nearly 1 percent of the U.S. labor force (1.4 million workers), prohibits casual conversation, which it describes as “time theft.” The food industry giant Tyson prevents its workers from taking toilet breaks, causing many to urinate on themselves; as a result, some workers must wear diapers. The older, itinerant workers that Amazon often employs are subjected to grueling 12-hour shifts in which the company electronically monitors every action to make sure hourly quotas are met. Some Amazon workers walk for miles on concrete floors each shift and repeatedly get down on their hands and knees to perform their jobs. They frequently suffer crippling injuries. The company makes injured employees, whom it fires, sign releases saying the injuries are not work-related. Two-thirds of workers in low-wage industries are victims of wage theft, losing an amount estimated to be as high as $50 billion a year.

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No, Facebook Is NOT ‘Private’, Their Censorship Arm Is Government Funded

No, Facebook Is NOT ‘Private’, Their Censorship Arm Is Government Funded

17-10-18 09:11:00,

Facebook is not private. They are partnered with a NATO backed think tank to censor their platform that is funded by the US government

“Facebook is a private company and can delete any pages they want,” has been repeated ad nauseam since Alex Jones was wiped from its platform. While it is certainly true that a private company can and should be able to choose who they associate with, the idea that Facebook is private is not accurate. For this reason, the recent purge of hundreds of alternative media sites, including the Free Thought Project, was not only questionable, but unconstitutional.

In May, after Americans were successfully whipped into a tizzy of Russian hacking and meddling, along with the fake news hysteria, the Americans begging for censorship craze came to a head when Facebook partnered with the Atlantic Council.

Facebook announced that it partnered with the arm of the council, known as the Digital Forensic Research Lab that was brought on to help the social media behemoth with “real-time insights and updates on emerging threats and disinformation campaigns from around the world.”

Apparently, Free Thought Project was one of those threats.

Facebook partnered with the Atlantic Council, so what, right? They can do whatever they want and hire outside third parties to help them police the platform they own, right? Yes, this is correct. However, the Atlantic Council is funded by government.

The Atlantic Council is the group that NATO uses to whitewash wars and foster hatred toward Russia, which in turn allows them to continue to justify themselves. It’s funded by arms manufacturers like Raytheon, Lockheed Martin, and Boeing. It is also funded by billionaire oligarchs like the Ukraine’s Victor Pinchuk and Saudi billionaire Bahaa Hariri.

The list goes on. The highly unethical HSBC group — who has been caught numerous times laundering money for cartels and terrorists — is listed as one of their top donors. They are also funded by the pharmaceutical industry, Google, the United States, the US Army, and the Airforce.

The “think tank” Facebook partnered with to make decisions on who they censor is directly funded by multiple state actors — including the United States — which voids any and all claims that Facebook is a wholly “private actor.”

It gets worse.

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