A hub for independent voices and hard truths
BlackRock CEO Larry Fink say in May 2026 event in Texas that trillions of dollars for AI data centers and power grid need to come from private savings accounts and pension funds. Blackrock CEO says the money for data centers …
CA state retirement fund lost 71% of $468M put in clean energy, won’t say how. CETF losses show “the combined dangers of private equity and ESG investment — you have a very opaque investment choice that appears to have been …
France is facing a full-blown credit crisis. S&P Global Ratings just downgraded the country’s credit rating from AA- to A+, marking the third downgrade in barely a month. The move reflects both political chaos and growing debt problems in Europe’s …
Introducing the UN Digital ID… “The United Nations is ready to digitally transform how it deals with identity, with a system to streamline information sharing, daily workflows, access to platforms and buildings.” “All of your personal… medical, travel, security… and …
French PM Lecornu has suspended the 2023 pension reform until after the 2027 election. This is likely to win Socialist support and save his govt. from a no-confidence vote on Thursday. The RN and LFI have said they will file …
Netherlands' Top Pension Fund Dumps Caterpillar Over Gaza Demolitions https://t.co/TeYWT9PoE2 — zerohedge (@zerohedge) October 2, 2025 https://thecradle.co/articles/dutch-pension-fund-dumps-caterpillar-over-gaza-demolitions The Netherlands’ largest pension fund, ABP, announced on 1 October that it had divested from US manufacturer Caterpillar, citing concerns over the use of …
(The Center Square) – (The Center Square) — The cost to taxpayers for New York City firefighter pensions is continuing to rise, according to a new report by a fiscal watchdog group, which said the average annual payout surpassed $170,000 …
I don’t think people understand just how fragile the UK bond market is. Every week, stories emerge about the increased risks linked to the duration, liquidity, and volatility of UK bonds. This is not just about yields going up or …
America’s pensions are in big trouble. Many are underfunded vs their payout commitments. Many are being recklessly managed, overinvested in far too speculative assets for the safety of their constituents. Ted Siedle is a former SEC attorney. His firm, Benchmark …
You’ve probably heard about the widespread acts of vandalism being perpetrated against Tesla vehicles across the country — and even Tesla showrooms. But are the people spray-painting swastikas on Teslas and hurling Molotov cocktails at dealerships really choosing the right …
Brad Lander’s decision to divest from government bonds is both politically motivated and financially reckless. With the state already sinking under massive debt, New Yorkers are facing a retirement nightmare. NYP: NYC Comptroller Brad Lander accused of ‘divesting’ pension funds …
https://twitter.com/DefiyantlyFree/status/1865932020456579343 Before he was president, Trump bought an estate in West Palm Beach, Florida. He put up a 50-foot flag pole and flew a U.S. flag on it. The City Council told him that he could only have a 30-foot …
JPMorgan Chase has refused to pay out an estimated $331-a-month pension to the widow of one of the bank’s former longtime employees — with the excuse that he failed to fill out the necessary paperwork before his untimely death, The …
Total Payout: Last year, Nashville’s pension system disbursed a staggering $205 million to retired public employees. That’s a substantial sum! High-Paid Retirees: Among the recipients, 68 individuals received pensions of $72,000 or higher. Notably, some former police officers secured impressive payouts: Michael Robinson: Collects over $187,000. …
You know what does it mean and what politicians will do 👇🏻 pic.twitter.com/LM36umi7CK — Michal (@michal_1979) July 6, 2024 It works only as long as demographics are stable, which is not the case in Europe — Michael A. Arouet (@MichaelAArouet) …
Can someone explain how fiscal deficits in Europe will be reduced as we go forward given accelerating deindustrialization and upcoming pensions and healthcare entitlements demographics crisis in Germany, Italy and Spain? pic.twitter.com/ZTpb3ctJbG — Michael A. Arouet (@MichaelAArouet) July 4, 2024 …
So, pensions some how ended up with alot of the toxic assets… I wondered how that happened 🤔 pic.twitter.com/ASolJRvQmH — Tuggernuts (@Tuggernuts009) June 16, 2024
via The Telegraph The Treasury said NHS pension liabilities alone had climbed above £1 trillion, while the cost of future pension promises to millions of public sector workers including doctors, civil servants and teachers ballooned by £333bn to reach £2.64 trillion in …
New York during the inflationary surge of the late 70s and early 80s was a mythical place where one could purchase a Park avenue penthouse for $1 (while assuming the copious debt, of course). Now, thanks to the brutal bear …
In a move that has left employees fuming, 3M, the conglomerate renowned for manufacturing Post-its, command strips, and tape, has frozen its pension program for non-unionized workers. To add salt to the wound, the company announced a shift to a …
by confoundedinterest17 California is experiencing a pension inferno! One of the biggest public pension plans in the US plans to borrow tens of billions of dollars to maintain liquidity instead of triggering a fire-sale of its assets. Bloomberg reports the roughly $318 …
San Francisco’s $1.2 billion Hayes Point tower stops construction over rampant crime and homelessness The developer behind a major San Francisco building project has halted construction over poor market conditions as crime and homeless continue to deter retailers and customers …
CRE Panic Hits Baltimore As Second Office Tower Dumped At 69% Discount https://t.co/MyjQjAISAQ — zerohedge (@zerohedge) July 20, 2023 On Tuesday, we asked: Is this the start of a commercial real estate firesale in crime-ridden Baltimore City? And to our surprise, …
Prominent corners of St. Paul are owned by an out-of-state pension fund. Some are bustling. Some are empty. When management consultant Sherry Johnson co-chaired a neighborhood task force looking at all the vacant properties on St. Paul’s popular Grand Avenue …
