Thursday, February 16, 2012

Today's HP Incitement: Jewish Groups Deny Pension

The Huffington Post, in an unsurprising move, published an article about Jewish groups using a legal loophole to deny workers pensions and such. How terrible of them. Or at least, that's what the headline leads you to believe. Check it out:


Oh no! How terrible of those greedy Jewish groups! This is an outrage!

Of course, if you read the article, the truth comes out (emphasis added by me):
"Seeking to cut pension costs, Jewish social service groups are using an obscure tax loophole to skirt federal rules that protect workers from being left out in the cold if their retirement plans collapse.

Jewish organizations, including federations and hospitals, have filed for the special “church status” that strips workers and retirees of legal protections and allows groups to drop insurance that would cover shortfalls in their pension plans."
 So what have these organizations actually done? File for a special "church" status. That's it. And if you read the article to the end, the writer admits the following:
"Among the Jewish groups that have already won the special status are the federations of Philadelphia, Detroit, Cleveland and Baltimore. Old-age homes and hospitals in Connecticut and in Baltimore, as well as the American Jewish Joint Distribution Committee, have also qualified....
In another case, the Roman Catholic Diocese of Wilmington, Del., went bankrupt, leaving behind an underfunded pension plan. Since it was a church plan, participants did not have access to information about the dire situation of their retirement program.
So far, there are no similar horror stories at Jewish federations or other groups that obtained the special status. The JDC insisted that it applied for the status to free up cash for programs because its pension was significantly overfunded.

“The plan was fully funded under (government) rules and remains fully funded today under the same rules,” JDC spokesman Michael Geller said.

An official with the Associated Jewish Federation of Baltimore said the question of its church plan status is no longer relevant since the federation closed its pension plan and switched to a 401(k) program several years ago."
 To sum up: a bunch of Jewish groups have already have this status and they have not abused it the way some church groups have. More groups have filed for the status, but have not gotten it yet and have also not abused it. To sum up further: the headline is completely wrong/misleading.

But hey, what's the point of accurately depicting the story if lying about it earns the HP comments like these:


Thank you, Huffington Post. Thank you so very, very much.

2 comments:

  1. i think i got the moderator to remove a comment saying "ah............the money changers strike again". but they still haven't removed the comment about worshiping money. the huffington post is sick. anyway, thank you for this blog. its a shame that the huffpo moderators wont allow links to this blog in the hate section. oops, i meant the comments section.

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  2. You have to wonder if they actually have meetings to plan this crap.

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Hey guys we've started to employ a slight comment policy. We used to have completely open comments but then people abused it. So our comment policy is such: No obvious trolling or spamming. And be warned: unlike the Huffington Post we actually enforce our comment policy.