Illinois among states seen at the precipice of a pension disaster

June 20, 2017 | Sangamon Sun

"Many municipalities and school districts are already struggling with pension costs for workers, and for some, including Chicago, the possibility of bankruptcy has already been whispered about."

Making sense of New York's cratering finances

June 12, 2017 | The Buffalo News

The bulk of the problem in New York comes from unfunded retiree health care plans, which total $100.6 billion.

Just how broke is South Carolina?

June 12, 2017 | 106.3 FM (South Carolina)

Because the state is utterly, shockingly broke thanks to its corrupt mismanagement of the pension system.

Fitch lowers U.S. pension discount rate, putting Illinois in a deeper hole

June 12, 2017 | Sangamon Sun

Bill Bergman at Truth in Accounting told the Sangamon Sun that increasing projected pension liabilities according to a lower discount rate is a classic example

Trump’s budget leads to financial Armageddon

June 9, 2017 | Orlando Sentinel (Florida)

Geithner reacted to Shiller's warning by promptly dismissing him from the board: The crisis ensued.

Massachusetts finances get an "F"

June 5, 2017 | Boston Patch

These statistics are troubling, but what's more troubling is that state government officials continue to obscure large amounts of retirement debt on their balance sheets, despite new rules to increase financial transparency.

Tennessee state finances receive a grade of "B"

June 2, 2017 | Nashville Patch

"Tennessee state finances are in good shape, unlike many other states. ..."

Michigan lawmakers look to plug the big gaping hole in government liability

June 1, 2017 |

As always, our media morons parroted the Snyder line without question and ridiculed these State Legislators for questioning the competence of state 'experts'.

Connecticut, home to great wealth, may be sinking into a fiscal mire

May 31, 2017 | Fox News

Home to Yale University with its $25-billion endowment, numerous high-flying hedge funds and top-drawer celebrities ensconced in opulent estates worth tens of millions of dollars, Connecticut possesses great wealth and boasts the highest per capita income of any American state.

Brewsday Tuesday

May 25, 2017 | KOA Radio (Colorado)

Yesterday Truth in Accounting released its Financial State of Colorado. Listen to Sheila Weinberg discuss the Centennial State's finances here.  

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