Greece, creditors dig in after debt talks founder
“Exasperated by what it sees as Greek distortion of the creditors’ proposals, the European Commission made public for the first time comprehensive details of the plan, denying that the lenders were...
View ArticlePlans for Destroying Greece Stall
“The FT said they require an entire pension plan makeover to get bailout funding – a major red line Tsipras already crossed but not far enough for Troika bandits. […] Instead of renouncing unrepayable...
View ArticleObama pushing for ‘largest gun grab in American history’: NRA
The Obama administration is pushing to ban Social Security beneficiaries from owning guns if they lack the mental capacity to manage their own disability payments — a move the NRA is calling the...
View ArticleAre You Really Middle Class?
The American Conservative | By CHARLES HUGH SMITH | September 23, 2015 The standard of living taken for granted in the 1960s is now affordable to very few. U.S. National Archives/Flickr Can we define...
View Article270,000 truckers told their pensions will be cut up to 60%
Government Slaves | govtslaves| February 17, 2016 CLICK IMAGE TO VIEW VIDEO KANSAS CITY, MO Retired union workers facing large pension cuts gathered to voice their anger at those cuts Tuesday....
View ArticleGoldman Sachs Pays $5.1Bn Fine For Cheating Investors, 2005-7
WHTT | Charles E Carlson | April 18, 2016 The Financial Times of London, in a story last Monday entitled “Goldman pays $5.1bn to settle MBS mis-selling“, tells us that “Federal officials on Monday...
View ArticleBANK BAIL-INS BEGIN
Source: INI World Report | By Ellen Brown IMPORTANT MUST WATCH: https://www.youtube.com/watch?v=NKbD76RdjRU A Crisis Worse than ISIS…….. Bank Bail-Ins Begin Ellen Brown While the mainstream media...
View ArticleGovernment employee retirement funds are NOT funded by ‘investments’: Wall...
via: Freedom 4um | By Washington’s Blog Among the game-changing “fake news” We the People are told by “leaders” in government and corporate media is that government employee retirement contributions...
View ArticleThe Ticking Time Bomb That Will Wipe Out Virtually Every Pension Fund In America
Source: The Economic Collapse Blog Are millions of Americans about to see the big, juicy pensions that they were counting on to fund their golden years go up in flames in the biggest financial...
View ArticleCalifornia’s fiscal watchdogs are bracing for the nation’s largest state-run...
via: Government Slaves California’s fiscal watchdogs are bracing for the forthcoming press statements from the nation’s largest state-run pension fund, and from the public-sector unions that depend...
View ArticleRecord Number Of Dallas Police Officers Quit In July Amid Ongoing Pension Crisis
Source: Zero Hedge We first introduced readers to the Dallas Police and Fire Pension (DPFP) crisis last summer in a post entitled “Dallas Cops’ Pension Fund Nears Insolvency In Wake Of Shady Real...
View ArticleCalPERS Slashes Pension Payments To Retirees In Two More California Towns By...
Source: Zero Hedge While we’ve yet to experience any large municipal pension failures, which is just a matter of ‘when’ rather than ‘if’, the small pension failures sprinkled across the state of...
View ArticleNot Looking Good For The US Dollar, Stocks, Bonds, Pensions and Wages.
Source: Video Rebel On the Bright side it is not looking good for the US War Machine either. Jim Rickards is a financial consultant to the CIA and Pentagon. He participates in War Games. Of the 2009...
View ArticlePLAYING FOR ALL THE MARBLES
via: BLN SOURCE: CHARLES HUGH SMITH Global Plunge Protection Teams must be ordering take-out food; every night is a long one now. The current stocks/bonds game is for all the marbles, by which I...
View ArticleStockton, CA Becomes Most Populous U.S. City To File For Bankruptcy, Setting...
Source: Hot Air | MARY KATHARINE HAM So, here’s the deal. Stockton, CA ain’t got no money, and has filed for bankruptcy, like San Bernardino before it. Stockton has 300,000 residents and was recently...
View ArticleGermany agrees to $88 million more for Holocaust survivors
Source: Tampa Bay Times BERLIN (AP) — The organization that handles claims on behalf of Jews who suffered under the Nazis says Germany has agreed to pay another 75 million euros ($88 million) to fund...
View ArticleAnother Way Of Looking At The Pension Crisis, As “A Stealth Mortgage on Your...
via: Lew Rockwell | By DollarCollapse.com Money manager Rob Arnott and finance professor Lisa Meulbroek have run the numbers on underfunded pension plans and come up with an interesting – and highly...
View ArticleBankrupt Illinois Cities Forced to Cut Services to Fund Pensions
Source: Mish Talk by Mish Multiple cities in Illinois are forced to cut police, fire departments and other city services to fund pension plans. Third Domino Illinois does not allow cities to file for...
View ArticleGE FREEZES PENSION BENEFITS FOR 20,000 EMPLOYEES TO LOWER DEBT BURDEN
via: BLACKLISTED NEWS SOURCE: ZERO HEDGE In what looks like a dry run of the looming pension crisis facing corporate America, GE said on Monday that it would freeze pension plan benefits for 20,000...
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