pensions

The Promises Begin to Evaporate

The inevitability of insolvency for various levels of government slowly begins to hit. Here is a scene, played out on a small field in Rhode Island, that will be enacted on much larger fields like Chicago, Detroit, etc. The Ponzi scheme is ending. Woe to those public employees who built their lives on such false and impossible promises. Central Falls [...]

Self Aggrandizement Is Not Public Service

The author of this email is unknown. At first blush, the recommended reforms are improbable and considered radical. But that is not the point. These reforms, whether you agree or disagree with them, reflect the enormous gap between how Congress sees themselves versus how the American people see them. No matter what political system is in place, ultimately the people [...]