Blog/Pension Crisis

Freedom Caucus

Freedom Caucus & Big Bang

I have been warning that we are headed directly into the collapse of socialism; not capitalism, simply because politicians have been bribing people’s votes [...]

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Crisis

The Sovereign Debt & Pension Crisis Expanding

While the Democrats are doing everything they can to stop Trump along with Republican political elites such John McCain, and the shadow elites fund protests, [...]

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Teamsters

Teamsters Local 707 Goes Bankrupt

The Pension Crisis on the horizon is far worse than anyone can imagine. This is the final straw that will break the back of socialism the same as communism fell. [...]

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Pension-Crisis

The Total Lack of Common Sense

QUESTION: Martin – Given your compelling elucidation of the business cycle (which remains ineluctable even with central bank and regulatory distortion of [...]

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calpers-r

CALPERS Trying to Cover-Up Leaks of their Mismanagement

Here is a board meeting of CALPERS illustrating that (1) the majority of the board is totally without any experience in financial markets and (2) they are trying to [...]

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Rogoff-Kenneth-2

Rogoff: An Elitist Who Has No Respect for the People

Kenneth Rogoff is a Professor of Public Policy and Economics at Harvard University. Rogoff calls critics of negative interest rates “ignorant” despite [...]

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401K

The 401K – The Pension Crisis Coming Your Way 2017

COMMENT: Martin, A few weeks ago (12/13/2016) my wife received a notice from her company about changes to her 401K and I thought I was in a Kafka film. The notice [...]

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dallas-map

Dallas Suspends Pension Withdrawals

The Dallas Police and Fire Pension System’s Board of Trustees officially suspended all withdraws last week. The move stopped $154 million of withdraws [...]

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mayor-rawlings

Run on Dallas Pension Fund – Mayor Asks To Suspend Withdrawals

The Mayor of Dallas, Mike Rawlings, sent a letter on the 29th asking for an immediate suspension of lump-sum withdrawals from the Dallas Police and Fire Pension [...]

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california

Every Household in California Owes $93,000 to Pay for State Pensions

Stanford University has been tracking the cost of pensions in California. So while there is a movement starting to separate from the United States especially since [...]

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