Remember when Democrats were running around saying “vote blue no matter who?” Well you reap what you sow. https://twitter.com/_/status/1661360461915234307 If you are going to San FranciscoBe sure to wear some flowers in your hairIf you are going to San FranciscoYou …
by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2023/02/Biden-Ukraine-Pensions.mp4 QUESTION: Marty; Why would Biden allow the billions he is sending to fill the pensions of government workers in Ukraine? YD ANSWER: This video has been going viral. However, this was from the beginning – of April 28th, …
https://twitter.com/repthomasmassie/status/1627001461858045953?s=46&t=fsMrGu-kqvua5ga1j2z77w He’s giving the money away and will then blame the republicans on why they can’t fund programs. Republicans will get blamed for not raising the debt ceiling because that’s what MSM will do. They are already attacking the Fair …
by thinking We need a good financial investigative reporter, like Peter Schweitzer, to find out how much money has been stolen from citizens of the west to support this corrupt shithole. Ukraine has been, allegedly, a country since 1991 and never …
Hey, we have your pension, now lend us money to save it. COMPANIES IN THE UNITED KINGDOM ARE BEING ASKED FOR LOANS FROM THEIR PENSION FUNDS. — FinancialJuice (@financialjuice) October 12, 2022 RIP UK Pension Funds. pic.twitter.com/gCp2IIhZMo — Wall Street …
by Boo_Randy If the complacent sheeple realized their pension funds, and our entire financial system, were a house of cards, how many of them would be stacking the shiny? https://www.dailymail.co.uk/money/markets/article-11276197/LDI-not-designed-withstand-ferocity-gilt-market-sell-off.html A banker who helped to design the pension investment strategy …
via trustnodes: The Securities and Exchanges Commission (SEC) has removed a $1 billion cap on the amount of pension funds that can be tapped by the Options Clearing Corporation (OCC) in case one of its members defaults. “With respect to OCC’s …
Pres. Biden's new $800 million military aid package to Ukraine includes: – Heavy artillery weapons– Dozens of howitzers– 144,000 rounds of ammunition– More tactical drones pic.twitter.com/8WqFDZkWhg — CBS News (@CBSNews) April 21, 2022 WASHINGTON (AP) — President Joe Biden pledged …
Welcome to Argentina. Soon you will have no retirement money and middle class will get destroyed just like in Latin America or South America All those high middle classes from the rich countries will join the poor middle classes of …
Via Birch Gold Bad news… Retirement savers with some (or all) of their assets tied up in a private pension could be facing a nightmare scenario sooner than expected. Both public and private pensions have been in trouble for quite some time. But it appears …
by WARREN MOSLER Truckers Cut Payrolls As Freight Demand Softens Funding pensions reduces aggregate demand: The Long Bull Market Has Failed to Fix Public Pensions Long term loans to banks do nothing for the macro economy and negative interest …
BY JOHN RUBINO The past decade was a uniquely smooth stretch of financial highway. Pretty much every major asset class – stocks, bonds, real estate, fine art, you name it – did well, making it hard for conventional investors to …
via WSJ: Sums owed to retirees are accelerating faster than assets on hand to pay those future obligations Maine’s public pension fund earned double-digit returns in six of the past nine years. Yet the Maine Public Employees Retirement System is …
From Birch Gold Group There are currently two crises in the U.S. in need of attention: infrastructures and public pensions. Unfortunately, this twin crisis appears to have developed into an “either-or” crisis. According to a recent article at Barron’s, States will have to choose …
by Josh Sigurdson and John Sneisen of World Alternative Media Josh Sigurdson talks with author and economic analyst John Sneisen about the coming crash and how it affects baby boomers especially. Baby boomers spend more into the economy than any other category and also unfortunately …
by Simon Black Turns out Congressmen make a lot of money… A study found that while the average American’s net worth increased 3.7% per year between 2004-2012, members of Congress averaged 15.4% annual gains. That high level of pay means half …
by Jim Quinn This will surely end well 4th quarter market meltdown was enough to increase the total pension funding deficit by $700 BILLION can you imagine what a real market downturn would do?? pic.twitter.com/WYtJDJSG2e — steph pomboy (@spomboy) March …
via Zerohedge: The Pension Benefit Guaranty Corp (PBGC) said in a Friday press release that it believes Sears Holdings Corp’s “continuation of the plans is no longer possible” following the Company’s October bankruptcy, after it was revealed in a Friday …
by Martin Armstrong The commentary that has appeared in Forbes calls for the only solution is to outlaw pensions. This is actually what will happen. Because there is no resolution, the government pensions will demand to raise taxes and then there …
From Birch Gold Group Corporate pensions have been in trouble for quite some time. Some are underfunded, while others are on the brink of termination. Worldwide, the pension crisis is all but imminent, threatening to reach a $400 trillion level. And now, corporate pensions appear to have …
by Simon Black We have been talking about the pension crisis for years now. It’s without a doubt one of the biggest, financial disasters. These pools of capital, responsible for paying out retirement benefits, are terribly underfunded. So anyone depending on …
From Birch Gold Group Lawmakers are considering the possibility of earmarking billions of dollars to bail out some failing pension programs. The proposed bailout was outlined in The Hill: The proposal, a draft of which was obtained by the Post, would require the …
via seekingalpha: Summary State and local pension plans are seriously underfunded even with optimistic return assumptions. Given where interest rates and equity valuations are today, more realistic return assumptions will further inflate the liabilities. There is a shift towards defined contribution …
From Birch Gold Group It’s become fairly common knowledge that public pensions are on the verge of either radical overhaul or extinction. Worldwide, pensions are set to reach a shortfall of $400 trillion. This is a larger amount than 20 of the world’s …
via marketwatch: You know the old adage that “a rising tide lifts all boats?” What if you don’t own a boat in the first place? That rising tide won’t do much for you, will it? And so it is with this …
by Charles Hugh-Smith We’re living in a fantasy, folks. Bubbles pop, period. The nice thing about the “wealth” generated by bubbles is it’s so easy: no need to earn wealth the hard way, by scrimping and saving capital and investing it …
by Spencer P Morrison, NEE Ask any Democrat why they support open borders and they’ll invariably respond with one of two pre-digested answers: because “diversity is our strength” and “we need immigrants to pay for our pensions.” The first argument is …
What’s to blame for the problems at Sears? Amazon? Bad management? CEO and primary shareholder Eddie Lampert has another idea: It’s the company’s own retirees. Sears turned in another bleak quarterly earnings report on Thursday, and Lampert complained about the billions of …
Do you believe that pensions will be CUT in Illinois? If you are located in Chicago, or Illinois for that matter, and you think you will get your pension one day, I have a newsflash for you. The system …
