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Tag Archives: government
The Public Pensions Mess
California state pension funds going broke, Stanford study finds. The good folks at CalPERS dispute the findings and say everything is fine. They said everything was fine right up to the point their portfolio tanked nearly 24% at the beginning … Continue reading
Obamanomics
OK, I think I have this whole Health Reform thing figured out now. Congress passes massive new entitlement program; Program is funded by increased taxes on interest and dividends; Reduced incentive to save and invest leads to reduced capital formation; … Continue reading
Posted in Current Events, Money and Finance
Tagged "health care", bankruptcy, China, debt, economics, government, Obama, taxes, unemployment, welfare
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Don’t be fooled by the housing numbers
PIMCO’s Bill Gross says the economy is in for a long slog. Sphere: Related Content
Posted in Money and Finance
Tagged economy, finance, government, housing, markets, PIMCO, recession, regulation
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