If you’re in a given country, you don’t see beyond its borders because that is not your mission.” America’s Concierge Abroad The increasing role of the military in America’s foreign relations sidelines State. The most likely American for a foreigner to encounter in most parts of the...
The people's trust in their government is undermined by congressional earmarks -- special interest projects that are often snuck in at the last minute, without discussion or debate. Last year, I asked you to voluntarily cut the number and cost of earmarks in half. I also asked you to sto...
Specifically, I propose that we commit 60 percent of the budget surplus for the next 15 years to Social Security, investing a small portion in the private sector just as any private or state government pension would do. This will earn a higher return and keep Social Security sound for 55 y...
Much of what the Austrian School says makes sense, until you start to consider tinkering with the actual currency system. Let’s demonstrate the problem. A simple estimate of the monies that have been transferred out of the U.S. pension funds and U.S. government in the financial coup d’...
You can bet that nearly every employee inside government is considering how to bail out right now. The problem is that given lucrative government retirement and pension plans, anyone close to “real” retirement is going to try and tough it out. These may not be the best employees, or ...
We know where to start: the best measure of opportunity is access to a good job. With the economy picking up speed, companies say they intend to hire more people this year. And over half of big manufacturers say they're thinking of insourcing jobs from abroad. ...
South Korea’s National Pension Service (NPS), manager of the world’s third-largest public pension fund, will allocate 65% of its assets in risky assets under new long-term asset allocation rules, the welfare ministry said on Thursday. “Going forward, the fund will keep the ratio of risk...
Every State of the Union is going bankrupt, and Public Employee Pension Funds which fund those pensions must guarantee things like a minimum 5% to even 8% yearly raises in monthly retirement pay, regardless if America is in a depression/recession like today, and broke. That is the reason ...
Hong Kong official: China will likely approve state pension fund to invest abroad
premises. Local One President Frank DeRiso, who argued that grocery store workers deserve hero pay for working during the pandemic, said the union did its best to protect its members after the upstate grocery chain filed for bankruptcy and opted out of full payments to employees’ pension funds...