underfunded pensions / 5 posts found
1 Million Ohio Pensioners Face Pension Cuts
In this video I discuss a recent article covered by Zero Hedge describing pension cuts. In fact 1 million Ohio pensioners are facing a cost of living allowance cut on their pensions. Although the severity of the problem is beginning to take momentum, very little has been to address this catastrophic problem. I end the video playing a clip from the Ohio protesters who still don’t understand the world we now face.
Retirement Issues and Baby Boomers
In this video I talk about the most important issues that will face us this year and for the years to come retirement issues. The go to’s for retirement such as Social Security, Pensions, 40lk are underfunded and the Baby Boomers are facing serious issues. The retirement issues are brewing and its not being talked about enough. The problem is epic as these are our family members, relatives and they are the ones most people lean on for financial health. If they are being squeezed it affects each generation after them. Start talking to your parents and older family members […]
Are We Being Lied To Financially?
In this video I go over and article that accurately portrays the financial mess we now face. If you listen to the main stream media the financial numbers could never be better but this is pure nonsense. This video goes over a great article from the Burning Platform entitled “Stupid is As Stupid Does”. To put it plainly we are being lied to…
Is Your State Bankrupt Due To State Pensions?
In this video I go over an article regarding state pensions and how much it would take to get the accounts fully funded. Without funding to afford State Pensions you will see property and other taxes skyrocket which could lead to a host of other problems. Find out how your state is doing with their pension obligations in this video.
Will Puerto Rico’s Debt Crisis Cause Lost Pensions for Baby Boomers?
In this video I discuss the recent Puerto Rico’s Debt Crisis by going over an article by Michael Snyder in the Economic Collapse Blog. Why Puerto Rico has gotten very small coverage the islands problems are huge. Many people are not aware of how many pensions have been loaded with Puerto Rico’s debt and how this will erupt badly in the next couple of years.