The Biggest Scam Ever

401(k)s were designed simply to save companies money on pension costs, and thanks to loopholes, companies jettisoned the guaranteed pensions in favor of do-it-yourself 401(k) plans whereby employees, not employers, bore the risk.

Hardly anybody has anything of savings anymore, thanks to banks refusing to pay any interest on the accounts:

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Crater Lake National Park Photos 1

 Here are a few pictures I took at Crater Lake National Park in southern Oregon today, including a couple of them from the historic lodge: