Spreading the truth. Empowering the people.
Two pension plans in Fairfax County, Virginia are anchor investors in a new $40 million venture-capital fund, according to a statement from the company. Other investors include an insurance company, … Read more
by Dr. Eowyn PENSION (a) 11 states that don’t tax public and qualified private pensions: The states that are not on this list tax at least a partial amount or … Read more
via sacbee: Nobody is happy about PG&E’s bankruptcy filing, but California’s two biggest public pension systems are positioned to absorb losses on the utility’s stock without major repercussions. That’s because the pension … Read more
Photo by Bank of England | CC BY | Photoshopped from original From Birch Gold Group The pension crisis has been escalating for quite some time, and accounting for pension shortfalls seems next to … Read more
via Bloomberg: The 14 percent drop in the S&P 500 Index last quarter has big implications for state and local pension funds, which probably saw the value of their assets … Read more
by Jon Rappoport Alert to pension fund managers all over the planet—and to everyone else— “If 1,000 US and global pension fund managers start asking questions it could change everything … Read more
From Birch Gold Group A lot happened in 2018, and while it would be a challenge to cover them all, there are three big trends that appear to have defined this year economically. And, each … Read more
via fullmeasure: – It has between 3 to 5 million illegal immigrants. – 1/3 of the nation’s welfare recipients. – 1 in 4 of America’s homeless population. – 1 in 5 … Read more
Do you think pensions will be CUT in the next recession? It doesn’t take a genius to figure out the pension situation is looking worse and worse, every day. But … Read more
FRANKFORT – In 2000, Kentucky’s public retirement plans were fully funded. Since then, they’ve accumulated nearly $43 billion in debts — making Kentucky’s pension system one of the worst-funded in … Read more
via Bloomberg: City bets investment profits from bonds will fund health care Tactic has been used widely for pensions, with mixed results It’s a “considerable risk,” a “bad idea,” or, … Read more
via confoundedinterest: Chicago IL (should be ILL) is the poster child for an insane pension program (mostly to municipal workers and public school teachers). But not only in the city of … Read more
by Martin Armstrong The Bundesbank has come out warning that there is a German pension crisis. They have proposed that states raise the pension tax and that they should gradually increase the … Read more
by Robert Kiyosaki of Daily Reckoning This is a very emotional subject, pensions. Politicians and unions promised pensions they had no way to fund for the last 40 years and the bill has … Read more
by Thinker Federal Reserve is not “American” but a private banking system looking for ways to increase it revenue by way of the American tax payers. US prints the money … Read more
by Martin Armstrong Vladimir Putin tried to reform Russia’s pensions system which is crumbling as is the case in the West. This giant Ponzi Scheme is collapsing and it has been … Read more