by irdadmin | Apr 20, 2018 | Financial Markets, Market Manipulation, Precious Metals, U.S. Economy
The public pension fund system is approaching apocalypse. Earlier this week teachers who are part of the Colorado public pension system (PERA) staged a walk-out protest over proposed changes to the plan, including raising the percentage contribution to the fund by...
by irdadmin | Mar 3, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Dr. Paul Craig Roberts sent me an article by Catherine Austin Fitts and asked if I had read it. The article is titled, “The State of America’s Pension Funds.” The article is worth reading, though I believe Ms. Fitts underestimates significantly the...
by irdadmin | Feb 26, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The pension crisis is inching closer by the day. @CalPERS just voted to increase the amount cities must pay to the agency. Cities point to possible insolvency if payments keep rising but CalPERS is near insolvency itself. It may be reform or bailout soon. –...
by irdadmin | Sep 6, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“There are folks that are saying you know what, I don’t care, I’m going to lock in my retirement now and get out while I can and fight it as a retiree if they go and change the retiree benefits,” he said. – Executive Director for the Kentucky Association of...
by irdadmin | Jun 30, 2017 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“It’s unequivocal now: We are taking money from the new employees and using it to pay off this liability for the old employees,” said Turner, a Gov. John Hickenlooper appointee. “And some might call that a Ponzi scheme.” – Denver Post, 6/27/17 The people in...
