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See more here: 97% of Spain’s Social Security Pensions are Invested in Spanish Government Debt
Daily Show "Monsanto Bill": In Budget Bill Congress Inserts Provisions on Genetically Modified Foods and Gun Control Please watch the first part of last night’s Daily Show .
Read the article: Competitive Easing Madness; Japan to Double Monetary Base; Draghi Signals More Easing; Yen Plunges
The Huffington Post describes the setup in Stockton Pensions Present Problem In Bankruptcy At the conclusion of a three-day trial, a judge on Monday formally granted the city Chapter 9 protection, over the objections of creditors who questioned whether it was fair for the city to fully meet its obligations to the state pension system while other debt holders go partly paid.
See the original post: Stockman Fires Back at Krugman, Labeling Krugman "Utterly Disingenuous"
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