(Natural News) For decades, mostly Democrat-run states have won favor — and votes — among key political constituencies by padding their pensions. But as the tax base in many of these states dried up as people fled high levies and high prices — Illinois, New Jersey, and Connecticut come to mind — elected leaders were […]

(Natural News) We’ve been carefully monitoring the fiscal health of several states with mounting pension fund debt for several years because a couple of them have been teetering on the edge of bankruptcy. One of them was California, but thanks to the omnipresence of successful tech start-ups in Silicon Valley, the state’s Democrats who created […]

(Natural News) A month ago, Chicago Mayor Lori Lightfoot insisted that the city’s pension funds were facing bankruptcy and demanded an urgent multi-billion-dollar bailout from the state. Governor J.B. Pritzker disagreed and denied her request, making it safe to assume that the funds continue to face the same serious problems. It came as something of […]

(Natural News) As the price of Bitcoin continues to hover substantially below $4,000 per coin, after reaching earlier all-time highs of around $20,000 per coin, venture capitalists appear to now be swooping in for the kill as they launch brand new crypto schemes using people’s pension funds as financial backing. According to reports, a previously […]

(Natural News) There’s nothing going on here. Nothing to see. Move on. Things are under control. That’s what anyone who makes an inquiry about California’s critically unstable public pension system is told. ‘We got this. No worries.’ That’s because if state government officials and pension managers were being truthful, the system would completely collapse tomorrow—instead […]