"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Some facts – Public pension liabilities as of Dec. 19 were $2.9 trillion. Totals assets were $2 trillion. – Many public pension funds recently made disastrous bets they could sell bonds and invest the money at higher rates. They were…
Think about all those people who have lost houses, jobs, or private pensions. Now contemplate what their response will be when their states tell them taxes must be raised so as to fully fund public pensions. State pensions lost $865…