The Dallas Pension Fiasco Is Just The Beginning

by Jonathan Rochford via Narrow Road Capital,
ZeroHedge.com
Jan 17, 2017

The recent blow-up of the Dallas Police and Fire Pension System was entirely predictable. The combination of overpriced financial markets, inadequate contributions and overly generous pension promises mean dozens of US local and state government pension plans will end up in the same situation.

The Rest…HERE

This entry was posted on Tuesday, January 17th, 2017 at 7:34 pm and is filed under Conspiracy, Corruption, Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.