23 December 2018

Why Your Pension Is Doomed! Illinois WORST State Financially! Pensions W...

Here in Mesa, AZ there's one thing for certain that we were reminded of at robust Mesa City Council meetings during the Budget Hearings for the next fiscal years . . . At one time City Manager Chris Brady accused District 2 Councilmember Jeremy Whittaker of "Fake News".
However there are good reasons to believe that the rosy projections put out the city's Office of Budget Management certainly deserve some more scrutiny in the light of recent declines in the stock markets where the city decides to invest pension funds to deliver income streams - THE ONLY OTHER CHOICE to guarantee the city's credit rating IS TO RAISE TAXES.
There's more to the story than that > listen up
Generous Pensions + Benefits are one of the factors in political loyalties here, especially the Mesa Police and Fire Departments, as well as city employees (think Mesa Public Schools).

No comments:

CRYPTO MEME TOKEN JUMPS: Creating Market Value

Dogecoin increased by as much as 24.6% on Tuesday to nearly $0.44 and by about 10% on Wednesday to over $0.42 as of around 10:25 a.m. EST, s...