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Is Chicago Doomed?

COMMENT: Chicago is at it again. The new mayor, Lorie Lightfoot, is proposing a sales tax for high end professional services such as accounting, legal and [...]

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Why I Thank God I am Not 25

QUESTION: Mr Armstrong, In this morning’s blog you stated that the Dems are trying to take control of the power in Chicago, which I assume is the plan for [...]

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UK Strips 86-Year-Old of Pension because She Saved £50 a Month

An 86-year-old widow who contributed every week to her pension while working was stripped and left destitute after her local council took away her $50,000 life [...]

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The Black Hole of Debt

We are facing a serious collapse in government that appears to be shaping up on the horizon beginning 2021/2022. Take the city of Chicago for example. The city is [...]

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Swiss Occupational Pension Plan Turns Out to be a Ponzi Scheme?

  In Berne, Switzerland, there has been a redistribution in occupational pensions which has revealed that it too is not a funded pensions plan as people [...]

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Could Raising Taxes Save Government?

QUESTION: Hello Martin, the alarm that the US is headed towards a very bad debt crisis. During an interesting part of the segment, he was asked if the rich should [...]

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New York City Heading for Bankruptcy

There are New York politicians who continually try to force socialism upon society so a few can live off of other people’s money. The problem is that capital [...]

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California Hands Retired Employees Checks in Excess of $400,000 + Pensions

Most employers provide vacation and sick leave. However, most employers do not allow sick days to roll over from one year to the next. The norm is to often cap at [...]

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The Public Pension Crisis is Our Undoing

QUESTION: Mr. Armstrong; Thank you for explaining the difference between a public employee pension and those we have in the real world. The fact that the bulk of [...]

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The Illinois Pension Crisis – Giving The Pensioners All State Assets

The new proposal in Illinois is for the state to transfer its assets so that they are owned, not by the people, but by the state employees. These proposals will [...]

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