Pension System Default

Imagine that you just received a letter in the mail saying… “We are sorry but we are reducing your monthly pension check to avoid default on our pension program.” Could this happen? Absolutely. They don’t want to talk about it, …

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Federal Reserve Sounds Alarm

On December 18th, the Federal Reserve issued a warning to banks. That warning reminded them about their practices with real estate. The Fed was quoted, “We are monitoring the potential dangers of overheating “as best we can.” Their concern… the …

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