Pension Crisis

Dow 500,000?

"The biggest secret in achieving long-term investment success is not necessarily being 'right' during the first half of the cycle, but by not being 'wrong' during the second half..."

Kentucky Republicans Cave On Pension Reform; Stick It To Taxpayers With "Kick The Can" Approach Instead

After months of planning and cogitating over how to address the failing public pension systems in his state, Governor Matt Bevin released his plan earlier today and it appears to be nothing more than the same old "kick the can down the road" approach to "pension reform" that has perpetuated the pension ponzi in this country for decades while doing absolutely nothing to address the actual crisis.

Weekend Reading: Tax Cut Wish List

"It is a simple function of math. But the following chart shows why this has likely come to the inevitable conclusion, and why tax cuts and reforms are unlikely to spur higher rates of economic growth..."