Sunday, July 2, 2017

AMERICA'S PENSION BOMB

Unfortunately, the state of Illinois doesn't have a monopoly on ignorant politicians...they're everywhere.  And, since the end of World War II, those ignorant politicians have been promising American Baby Boomers more and more entitlements while never collecting nearly enough money to cover them all...it's all been a massive state-sponsored scam.
As we've noted frequently before, some of the largest of the many entitlement 'scams' in this country are America's public pension funds.  Up until now, these public pension have been covered by stealing money set aside for future generations to cover current claims...it's a ponzi scheme of epic proportions...$5-$8 trillion to be exact.

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