Are We About To See The Next Stage Of Our Financial Crisis Through Pensions?

New rules are likely about to precipitate another financial crisis. The point of origin is pensions. Part of the problem is that these pensions were far too luxurious.  According to Fox Business News, for example, “…cushy pension stories continue to pour out of California. One retiree in the County of Solano pulls in nearly $371,000 a year in retiree pay. Nearly 12,200 government retirees get $100,000 a year, including 94 city retirees in Stockton. A retired librarian in San Diego somehow gets Read more […]