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How Chicago's Largest Pension May Run Out Of Cash In As Little As 4 Years

How Chicago's Largest Pension May Run Out Of Cash In As Little As 4 Years

Chicago's pension funds, along with several other large public pensions around the country, are in serious trouble (we recently discussed the destruction awaiting our financial markets here: "Are Collapsing Pensions "About To Bring Hell To America"?"). 

The problem is that the pending doom surrounding these massive public pension obligations often get clouded over by complicated actuarial math with a plan's funded status heavily influenced by discount rates applied to future liability streams. 

Starbucks Will Never Learn: New Program Encourages "Bipartisan Coffee Drinking"

Starbucks Will Never Learn: New Program Encourages "Bipartisan Coffee Drinking"

Seemingly no amount of brand destruction will ever be sufficient to convince Starbucks CEO Howard Schultz that while most adult-aged Americans seem to like his company's coffee, roughly 50% of them couldn't give a flying flip about his leftist political opinions that he's constantly try to shove down their throats along with their morning java.

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