The Coming Destruction of U.S. Pensions

“We wanted to know how much money we owe our retirees, and how much of that money we don’t have.” -Cook County Treasurer Maria Pappas (June 22, 2011) We know the Federal and State governments are in serious fiscal trouble. Having overspent and over borrowed, they are...

“There Is No Plan B”

Bazillionaire financier George Soros, in a recent panel discussion in Europe, suggests we’re in serious trouble: Let’s face it: we are on the verge of an economic collapse which starts, let’s say, in Greece but could easily spread. The financial...