Establishment Tries To Suppress “Dissident Actuaries” Explosive Report On Public Pensions…(Pensions Are Toast…)

by Walter Russell Mead via The American Interest,
ZeroHedge.com
Aug 6, 2016

America’s slow-motion public pension train-wreck (by some estimates, the shortfall currently exceeds $3 trillion) has been kept in motion for years by deeply dishonest accounting practices employed by state and local governments, which presume unrealistically that pension funds can consistently earn white-hot annual returns approaching eight percent. So it’s disappointing, but not particularly surprising, that the actuarial establishment moved to suppress a report pointing this out.

The Rest…HERE

This entry was posted on Sunday, August 7th, 2016 at 1:45 am and is filed under Conspiracy, Corruption, Economics, God Help Us, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.