Kentucky

Slowly but surely it is becoming increasingly clear to public workers in states with massively underfunded pensions that they've been lied to for the past several decades as their states can't possibly afford to pay for the retirement they've all been promised.  As a local radio station in Bowling Green points out today, fears over potential pension changes in Kentucky have resulted in a surge of early retirements as workers move to lock in payouts before any potential cuts go into effect.

Underfunded public pensions are undoubtedly the biggest threat facing America's long-term economic stability.  As we've argued numerous times in the past, the size of the aggregate underfunding, $5-$8 trillion depending on your assumptions, is simply too large for even the overly generous American taxpayer to cover.

Of course, one of the biggest contributors to this inevitable crisis is the state of Kentucky which has a funding hole of $33-$84 billion, depending on your discount rate assumptions, according to an analysis recently conducted by PFM Group.

We still have no idea where Hillary's missing 30,000 emails are but, thanks to the intense investigation of one very concerned Washington D.C. watch dog group, we now know exactly where Treasury Secretary Steve Mnuchin and his bombshell wife were standing the moment the moon passed in front of the sun earlier this week. 

Per the Washington Post, Mnuchin and wife viewed the eclipse from the roof of Fort Knox and not from the comfort of a government plane:

Submitted by Ronan Manly, BullionStar.com

On the afternoon of Monday, August 21, US Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, Kentucky Governor Matt Bevin, and Kentucky Congressman Brett Guthrie took a visit to the vault of the US Mint’s gold depository in Fort Knox, Kentucky, a vault which, according to the US Treasury, holds gold bars containing 147,341,858 fine troy ounces of gold (4583 tonnes of gold).

Steve Mnuchin's bombshell of a 'trophy wife', Scottish actress Louise Linton, is about to learn that there are consequences for snarky, condescending social media rants...well, for Republicans and their immediate family anyway.