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Pension Ponzi Bailout: Democrats Sponsor US Treasury Bailout Scheme

Pension Ponzi Bailout: Democrats Sponsor US Treasury Bailout Scheme

Authored by Mike Shedlock via www.themaven.net/mishtalk,

Most defined benefit pension plans are nothing but Ponzi schemes. Plans are now unraveling because of demographics. An increasing number of retirees, needing untenable returns, are supported by fewer and fewer people putting money in the system. Democrats sponsored a bailout scheme. Will it pass?

Pension and Investments reports Sen. Sherrod Brown to Unveil Multiemployer Loan Program Legislation.

The Crimes Americans Worry About Most

The Crimes Americans Worry About Most

Even though 2017 is already the worst year for mass shootings in modern U.S. history, Americans are more worried about cybercrime than violent crime.

That's according to a new Gallup poll which found that 67 percent of U.S. adults frequently or occasionally fret about having personal, credit card or financial information stolen by hackers. 66 percent also worry about the threat presented by identity theft.

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