Blog/Pension Crisis

Chicago Police Pension Goes Bust

Chicago’s police pension fund won’t have enough money to pay benefits to retirees in 2021, according to a projection by Local Government Information Services [...]

Read More

Details on Pension Crisis

Hoover Report on Pensions [...]

Read More

US Pension Crisis Picking Up Full Speed

The Pension Crisis is serious and is the catalyst that will bring everything down. Nearly 600 State & Local governments are now in the hole and has reached [...]

Read More

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 [...]

Read More

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, [...]

Read More

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. [...]

Read More

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 [...]

Read More

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 [...]

Read More

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 [...]

Read More

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 [...]

Read More