Showing posts with label retirement. Show all posts
Showing posts with label retirement. Show all posts

VIDEO: California Taxpayers Soaked By Lifeguards

Exposed: California lifeguards paid $200,000 and retire at age 50.

The Accounting Trick That Will Haunt Public Pensions

Encouragement for riskier investments. State and local government employee pensions around the country are significantly underfunded. The Governmental Accounting Standards Board (GASB), which is the closest thing that comes to a regulator of public pensions, tells them, through its accounting rules, that the single best thing pensions can do to     ... MORE

Thomas Sowell: Playing With Words

Misleading political redefinitions. Would anyone work to support themselves or their families — and then turn over a chunk of that hard-earned money to somebody else, just because of the words used by that somebody else? A few people may be taken in by the words of con men, here and there, but the larger tragedy is that millions more are taken in  ... MORE

Kyle Olson: Are We Slaves To The Government Class?

Public servants or public masters?    Over the past year, a lot of people have been talking about “the 1%” versus “the 99%.” But if you’re concerned about one class exploiting another for economic gain, that’s the wrong way to look at the problem. The protesters are right about one thing: there are gross class inequities in America. There is one class that  ... MORE

Patrick Brennan: Public-Employee Unions Gone Wild

The expectation of retirement at 47. Terry List, a teacher in Saginaw Township, Mich., has a depressing lesson for her students: “I would not recommend to my pupils to become a teacher in Michigan.” What’s discouraging her? A proposed pension-reform bill in Michigan would derail her plans to retire — at age 47. After these rapacious reforms, List  ... MORE

Could The Rats Be Fleeing A Sinking Ship?

Congressional retirements highest since 1996. Rep. Ed Towns' (D-NY) retirement announcement "makes him the 25th House retirement of this cycle. Add in the 10 Senate retirements, and you've got the most combined retirements since 1996, when Democratic lawmakers retired in droves after the Republican Revolution of 1994 (and many    ... MORE

VIDEO: John Stossel - The Money Hole

America is going broke! John exposes the serial spending and pork laden programs.

Walter E Williams: Social Security Disaster

Denial is no longer an option. Politicians who are principled enough to point out the fraud of Social Security, referring to it as a lie and Ponzi scheme, are under siege. Acknowledgment of Social Security's problems is not the same as calling for the abandonment of its recipients. Instead, it's a call to take actions now, while there's time to avert a disaster. Let's look at it.      ... MORE

Thomas Sowell: The 'Ponzi' Sound Bite

Band-Aids don't cure cancer. Many in the media and in politics have gone ballistic over the fact that Texas Governor Rick Perry called Social Security "a Ponzi scheme." Although many act shocked, shocked, as if Rick Perry had said something unthinkable, Governor Perry is not even among the first thousand people to call Social Security a Ponzi scheme. Not only conservatives ... MORE