Category Archives: debt

The Truth About Illinois Pensions In One Stunning Chart | Democrat Promises That Can’t Be Kept

In 1987, pension promises made to active workers and retirees in the state’s five state-run pension plans totaled just $18 billion. By 2016, they had ballooned to $208 billion. That’s a cumulative 1,067 percent increase. Contrast that to the state’s … Continue reading

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Feds Launch Review Of Teachers’ Grant Program That The Obama Administration Did Not Fix

  After two years of fighting (started before Trump), McCollum says she’d given up hope. And many teachers who reached out to NPR said the same…. It’s a financial nightmare for public school teachers around the country: Federal grants they … Continue reading

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‘Do you fear me?’: Venezuelan Socialist Maduro vows to gatecrash regional summit

Peru’s center-right government this week said Maduro would not be welcome at the Summit of the Americas in April, reinforcing his growing diplomatic isolation during a crackdown on dissent and a brutal economic crisis in Venezuela. “Do you fear me? … Continue reading

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Democrat Devolution: Dianne Feinstein Was For Boarder Security When It Helped Her

Back in 1993 and 1994, Feinstein’s former rival, Gov. Pete Wilson (R-Calif.), had placed a ballot question on the November ballot known as Proposition 187. The measure would have denied public social services to illegal aliens. The measure passed that … Continue reading

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Puerto Rico to privatize Broken state owned power company

Jan. 22 (UPI) — Puerto Rico Gov. Ricardo Rossello announced Monday the island will privatize the assets of its state owned power company. Rossello said the process of selling the Puerto Rico Electric Power Authority will begin with legislation to … Continue reading

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California’s bullet train is over budget by billions

“It’s billions of dollars over budget and seven years behind schedule, and appears to have no plausible way of living up to its goal of getting riders across the state in three hours or less….. “The so-called bullet train is a … Continue reading

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Wave of looting shutters stores, spreads fear in Venezuela

Worsening food shortages and runaway inflation have unleashed the spate of pillaging since Christmas in the South American country, in which seven people have reportedly died. The unrest was sparked by shortages of pork for traditional holiday meals, despite socialist … Continue reading

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