Warren Buffett calls public pension debt a ‘disaster’

https://bloximages.newyork1.vip.townnews.com/ilnews.org/content/tncms/assets/v3/editorial/3/64/364b5ab2-3f92-11e9-a710-933a60cb0ff9/5c7ef1ebd1faf.video.mp4 via ilnews: Legendary investor Warren Buffett said he wouldn’t “walk into liabilities” by expanding in states like Illinois or New Jersey, which carry billions in pension debt. In an interview with CNBC, the Oracle of Omaha was asked about how …

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It took $19 trillion in public funds to “save the financial system”. That came out of your pocket. But here’s who doled out the money, and exactly where it went.

via newsweek: Where the Money came From Federal Reserve $8.2 trillion; included bank loans and asset guarantees. Treasury Dept. $6.8 trillion; included TARP funds, stimulus spending, and tax benefits. Other $654 billion; included $134 billion from FHA to guarantee residential mortgages. …

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Facebook Loses the Public’s Trust

by Jim Quinn You will find more infographics at Statista Out of the major tech companies, people trust Facebook the least with their personal information. Amazon and Twitter come in a distant second and third, with 8 percent of people saying they trust these companies the least …

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