1 posted on
06/26/2017 7:17:47 AM PDT by
Lorianne
To: Lorianne
Their investment targets were an assumed 7.5%.That's a Ponzi scheme.
2 posted on
06/26/2017 7:19:58 AM PDT by
mewzilla
(Was ObamaThanks surveilling John Roberts? Might explain a lot.)
To: Lorianne
The report also indicated that this increase in Unfunded pension liabilities was a result of poor investments and declining discount rates.
False. It's the result of extravagant pension benefits that no realistic investment strategy could ever hope to cover. Liberal politicians play this game all over the world - they gain immediate vote support by granting luxurious, unaffordable pension benefits that must be paid for long after they themselves have retired. At the end of the day, the bill will come due and governments big and small will find no one willing to lend them money to keep the charade going. It's all going to end very badly.
To: Lorianne
Collective Bargaining between public employee unions and elected public officials is BRIBARY.
Allowing the public employee unions to make campaign contributions to the very people the are negotiating with is BRIBARY, they are buying the politicians.
Make this illegal and you solve the “pension” dilemma.
5 posted on
06/26/2017 8:28:57 AM PDT by
Rumplemeyer
(The GOP should stand its ground - and fix Bayonets)
To: Lorianne
These must be public sector pensions.
L
7 posted on
06/26/2017 6:50:31 PM PDT by
Lurker
(America burned the witch.)
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