We've frequently argued that public pensions in the U.S. are nothing more than elaborate ponzi schemes being propped up by unrealistic accounting assumptions that make them seem more healthy than they actually are. As it turns out, the State Budget Director of Kentucky, John Chilton, is coming around to our way of thinking.
Authored by Dr. Constantin Gurdgiev via MarketWatch.com,
The stagnation of real incomes from 1999 through today is structural, not cyclical...
Off the top, the figures published by the U.S. Census Bureau on Tuesday are encouraging:
Dear Friends and Supporters, this is my quarterly call for your financial support. There is no one who will write for you more frankly and truthfully than I do. This article is long. Read it. Twice, three times. You will learn an important part of your history that has been cast into the Memory Hole. You will learn the nature of the danger that we as a people face. And you will learn a lot about yourselves. PCR
Whatever Happened to America?
Paul Craig Roberts
Over the course of my lifetime America has become an infantile country.
Authored by Jack Montgomery via Breitbart.com,
Hungary has slashed illegal immigration by over 99 per cent after rolling out a series of powerful border fences in response to the European migrant crisis, possibly providing a lesson as to the potential impact of constructing President Trump’s much-discussed southern wall in the U.S.
Despite recently being demonetized by YouTube, possibly for his anti-establishment views and slamming President Trump’s decision to increase troop levels in Afghanistan, former Texas Congressman Ron Paul is back with a video addressing the widening left-right political divide in the US – and the role that the “immoral use” of government force has played in fomenting the US’s present political crisis.