Posted Apr 17, 2013 by Martin Armstrong
There are actually people hinting behind the curtain that the Feds should take over all pension plans. I suppose they can then manage them like they do Social Security. Will this age of caring so much for us ever end? They are looking at more than $5 trillion there. The next crisis after 2016, who knows, the urgency to project us from fiscal mismanagement may rise to a pitch fever so the best way not to get drunk again is to just stay drunk.
A Special Report on Pensions & Interest Rates will be coming soon