Tag Archives: pension

From Pensions & Investments: Cities with high unfunded pension liabilities

I like to use the term “financially unstable” to describe the plight of the US. While many pundits focus on the $18 trillion prompt debt of the federal government and fewer focus on the $100 to $200 trillion of net … Continue reading

Posted in Political_Economy | Tagged , , | Comments Off on From Pensions & Investments: Cities with high unfunded pension liabilities

From Casey Research: Pay Your Fair Share (to the Teachers’ Union)

The US is fiscally unstable. By this, I mean that the debt levels and implicit payment guarantees for various government programs (medicare, social security, pensions, etc.) are so enormous that they will require ever more drastic actions by various levels of … Continue reading

Posted in Political_Economy | Tagged , | Comments Off on From Casey Research: Pay Your Fair Share (to the Teachers’ Union)

The Coming Municipal Fiscal Crisis

While the unpayable debts of the US federal government are well known (variously estimated net present value of $70 – $200 trillion), much less attention has been payed to similar problems at the municipal level. All such problems will be … Continue reading

Posted in Political_Economy | Tagged | Comments Off on The Coming Municipal Fiscal Crisis

Links: 20121023

Who Is Plotting to Steal Your Pension? – “A huge pool of money lies just beyond the grasp of government’s itching fingers: private pension funds. Various money-grab schemes have been floated, including a legal requirement that all private pension funds … Continue reading

Posted in Links | Tagged , , , , , , , | Comments Off on Links: 20121023