Kentucky Pensions Got CUT! Double Whammy as Inflation Continues To Rise!

in #money6 years ago


Pension funds around the world have been cut. There are different reasons why this could happen but most often it’s an intentional mismanagement of the finances. This purposely creates a need for more money. Then more money. Then more. It’s a black hole but with the added bonus of reduced benefits along the way.

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ℹ️Sources Used in This Video ℹ️
https://goo.gl/UpprQe

Study: Some public pensions funds could run dry in downturn - CBS News
https://www.cbsnews.com/news/study-some-public-pensions-funds-could-run-dry-in-downturn/
A.G. Beshear Gets Witness Thrown Out in Kentucky Pension Case | Chief Investment Officer
https://www.ai-cio.com/news/g-beshear-gets-witness-thrown-kentucky-pension-case/
AWP_92_final.pdf
https://www.hks.harvard.edu/sites/default/files/centers/mrcbg/files/AWP_92_final.pdf
Kentucky governor signs pension reform bill - CNN
https://www.cnn.com/2018/04/11/us/kentucky-teachers-pension-governor/index.html
The World Isn’t Prepared for Retirement - Bloomberg Quint
https://www.bloombergquint.com/onweb/2018/05/29/the-world-isn-t-prepared-for-retirement
GDPNow - Federal Reserve Bank of Atlanta
https://www.frbatlanta.org/cqer/research/gdpnow.aspx
U.S. GDP Growth Revised Down to 2.2% Rate in First Quarter - WSJ
https://www.wsj.com/articles/u-s-gdp-growth-revised-down-to-2-2-rate-in-first-quarter-1527683513
Zurich too pricey? Then try LA for affordability | Reuters
https://www.reuters.com/article/us-ubs-prices/zurich-too-pricey-then-try-la-for-affordability-idUSKCN1IU0SN
Crude Oil Price - Live Oil Prices Chart, Forecast & Latest News
https://www.dailyfx.com/crude-oil
2018-05-28_6-36-03.jpg (890×472)

Soros Sees New Global Financial Crisis Brewing, EU Under Threat - Article - BNN
https://www.bnnbloomberg.ca/soros-sees-new-global-financial-crisis-brewing-eu-under-threat-1.1084052
‘Diamonds Are Forever,’ and Made by Machine - The New York Times
https://www.nytimes.com/2018/05/29/business/de-beers-synthetic-diamonds.html
Child’s Lemonade Stand Shut Down For Lack Of Permit « CBS Denver
http://denver.cbslocal.com/2018/05/29/lemonade-stand-shut-down/


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When a government goes after children for wanting to open a lemonade stand you have to start questioning EVERYTHING . We don’t need them ❗️They need us ❗️And we should hurry and get rid of millions of federal employees that are just walking talking paychecks and nothing more . YOUR FIRED Washington D.C.❗️

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They are so lucky I am not in charge , I dismantle every government organization on the spot . They would have to put it all back together one agency at a time and prove they are needed. All I can see our government doing , is spying , arresting innocent people for political views and making our children a bunch of stupid zombies, who do not question anything.

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