The Immorality of Government Pension Obligations

    I know that pensions are out of the news right now and that defund is the defining issue of the moment.  However, I think it is appropriate to revisit these issues from time to time. Let’s consider somebody (Bill) moving from New York State to Illinois.  The best estimate of New York’s unfunded pension obligations that I can find per capita is $814 while Illinois | Read More »

    Obama Now or Obama Later

    Alas the election is over and Barack Obama should be congratulated as the 44th POTUS. Though it looks pretty glum around camp GOP there are some positive things to consider in McCain’s defeat. Faced with massive Democratic majorities in Congress, McCain would have had to track to the center just to get anything done. Out of a sense of obligation to their president, the Republicans | Read More »