Not A Nest Egg

We have written frequently over the past couple of weeks about the disastrous public pension funds in Kentucky that are anywhere from $42 – $84 billion underfunded, depending on which discount rate you feel inclined to use. As we’ve argued before, these pensions, like the ones in Illinois and other states, are so hopelessly underfunded […]

via Teachers Demand $3,200 From Each Kentucky Household To Fund Pension Ponzi For 2 Years — peoples trust toronto