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bailout

06/19/2017 / By JD Heyes

Several states set to collapse under crushing weight of bankrupt pensions: Will Illinois become the first?

For years Natural News founder/editor Mike Adams, the Health Ranger, has been warning Americans that many of the nation’s public sector pensions are underfunded by hundreds of billions of dollars and are on a course to collapse. In 2013, Adams warned police officers, firefighters, teachers and others who work for government entities that unless funding […]

11/01/2016 / By usafeaturesmedia

Get ready, taxpayers: Liberal bureaucrats who promised too many benefits to political constituents are about to raid your retirement accounts

(BigGovernment.news) Really, it was just a matter of time before it happened: Liberal regressive Democratic bureaucrats and lawmakers who made rich promises to political constituents back in a time when tax coffers were flush are now eying your retirement accounts to help them pay for these promises. And in the end, we’ll all end up broke (except for the bureaucrats). […]

07/04/2016 / By usafeaturesmedia

So Congress will bail out Puerto Rico but won’t lift a finger to save a retired miner’s pension?

(BigGovernment.news) Out of touch, tone-deaf, and dismissive are some of the best ways to describe why the House and Senate would pass a $73 billion “debt restructuring bill” (otherwise known as a bailout) for Puerto Rico but won’t even consider legislation that would earmark money that is just sitting around to relieve an ailing pension fund for […]

05/11/2016 / By usafeaturesmedia

Dear Taxpayer: The massive bailouts for bankrupt city and state pension funds are coming

(BigGovernment.news) You won’t hear much talk about publicly in Congress but after all, it is an election year so our leaders can’t be heard openly discussing the next big fleecing of the American taxpayer. But it’s coming, nonetheless, as pension funds around the country that are trillions of dollars in debt begin to fail, one after another. As […]

05/03/2016 / By usafeaturesmedia

This lawmaker says Puerto Rico ‘debt restructuring’ measure NOT a bailout – but that’s what’s coming next

(BigGovernment.news) The Republican in charge of developing a plan to save Puerto Rico from its worsening debt crisis is not a bailout, he insists, but that’s exactly what will happen next if his plan doesn’t pass. “The soonest you solve this problem or get a structure in place to solve the problem, the more you […]

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