Town In Illinois Starts Laying Off Police Officers & Firemen Because Of Pension Crisis

Cracks in the Illinois pension system are now starting to turn into breaks.

Continue reading →

Hoosiers Spent $1.2 Billion On Lottery Tickets in 2016-2017

The lottery system is still a big draw for Indiana residents.  Continue reading →

City Governments Are Facing Serious Debts

Few years ago, a little unknown accounting rule was enforced across America’s state and local municipalities. Continue reading →

UPS Downsizing Pension Plans

Pension plans will most likely disappear in our lifetime. They can still be done, but usually people start getting their greedy hands Continue reading →

Should the State of Illinois File Chapter 7 Bankruptcy?

Economic Policy Journal posted a video by political pundit Dick Morris. The video is almost 4 minutes long, but gives two rational options Continue reading →

City of Indianapolis Has $1.1 Billion in Unfunded Pension Liabilities 

As the City of Indianapolis becomes more progressive politically, physics of economics may impede this philosophy. Continue reading →

Report: State of California Debt Hits $228 Billion 

When real accounting methods are applied to California’s government money books, Continue reading →

Report: Social Security Faces Possible Cuts in 2019

While going through the 2016 Annual Report for Social Security and Medicare, I stumbled across the main theme Continue reading →

Indiana Public School Teachers Need To Worry About Their Pension Fund and Not Politics

Every time I turn on social media or browse news sites, I see Indiana school teachers posting something against President Trump’s nominee for Secretary of Education, Betsy Devos. Continue reading →

State of Indiana may move away from worker pensions

Indiana continues to look at ways to make the state even more fiscally sound.

Continue reading →