Social Issues

Some very simplistic math from Moody's helps to shed some light on just how inevitable a public pension crisis is in the United States.  Analyzing a basket of 56 public plans with net liabilities of $778 billion, Moody's found that just a modest downside return scenario over the next three years (2017: +7.2%, 2018: -5.0%, 2019: 0%) would result in a 59% surge in new unfunded liabilities.  Moreover, given that total unfunded public pension liabilities are roughly $5 trillion in aggregate, this implies that a simple 5% drop in assets in 2018 could trigger a d

Via StockBoardAsset.com,

Earlier this year, we broke the story of 4 Chicago Teens In Custody After Broadcasting Kidnap Of Trump-Supporter Live On Social Media . It was a gruesome news event displayed for the world to see on Facebook Live. The victim was repeatedly kicked and hit, partially scalped, all while he was tied up with his mouth taped shut. The suspects in the video could be heard yelling, “F*** Donald Trump! F*** white people!”. 

http://www.youtube.com/embed/IEENkeD5rv4

The Russia/Iran sanctions bill passed earlier this month in the Senate has stalled in the House on a procedural issue: bills dealing with revenue must originate in the House. Is there a chance the bill may be scuttled? Don’t hold your breath!

Laying the groundwork of Leftist talking points for the next few days, former President Barack Obama took to his Facebook page to defend Obamacare against the GOP's Healthcare Plan... [emphasis added]

Our politics are divided. They have been for a long time. And while I know that division makes it difficult to listen to Americans with whom we disagree, that’s what we need to do today.

 

Submitted by Justin Bilyj,

The Republican party has just released their healthcare bill and really, it isn't a replacement, more like an alteration of Obamacare. There's no full repeal, but just tinkering with definitions, you know the usual way DC get's things done.

So you're probably wondering what's in the bill. I perused the bill just this morning and here's a list of 24 items covered in this 142 page healthcare bill.