Alaska State Workers Hoodwinked Into Believing 401(k)-Style Retirement Plan Was As Good As A Pension

From Alaska to Florida, America’s state and local governments have been pushing their workers out of pensions into 401(k)-type retirement plans—misleadingly claiming the retirement benefits are comparable. Workers are awakening to discover they were hoodwinked.


From Renegade Cigar Maker To Disruptive Film Maker

Cigar entreprenuer Marvin Samel is bringing a deeply-personal film he wrote and produced about his family to the world with love, humility, and the knowledge that the odds are stacked against him.


Open AI Chat GPT: Why The Stock Market Will Go Up Or Down In 2023

Open AI Chat GPT was asked to write two articles—one about why the stock market will go up and another about why it will go down. While this technology is in its infancy, it’s already impressive.


Let’s Give Every Ohio Taxpayer $46,000

All state pensions in Ohio have dramatically underperformed due to rampant political corruption and gambling on Wall Street’s riskiest investments. The staggering cost of this mismanagement amounts to $46,000 per Ohio taxpayer. That’s more than the state’s $34,500 average annual per capita income.


Cryptocurrency Was Sold To State And Local Pensions As ESG

Not so long ago, cryptocurrency was sold to state and local government pensions as consistent with their ESG objectives.


Public Records Stonewalling About Cryptocurrency In Fairfax County Virginia Pensions

Getting the truth about cryptocurrency gambling at public pensions in Fairfax County Virgina and beyond is no simple task.


State Auditor Tells Ohio Teacher Pension To End Secrecy, Embrace Transparency

Wall Street has a lot to lose if public pensions—often regarded as the dumbest investors in the room—are forced to expose their sketchiest dealings to public scrutiny.


Fairfax County Virginia Police And Employees Pensions Gamble 13%, 10% In Crypto; Uniformed Pension Not-So-Much?

Don't be surprised if your state or local pension is gambling 10% or more in cryptocurrency.


Illinois Retired Teachers Get Second Opinion About State Teachers Pension

Under both federal (ERISA) and state law pensions are supposed to be managed for the “sole or exclusive benefit” of beneficiaries—participants such as you. Yet forensic investigations reveal that our nation’s public pensions are never managed for the sole or exclusive benefit of participants.


Ohio Teachers Pension Has No Comment Or Records Regarding Its Cryptocurrency Investments

In the weeks and months to come, you’ll be hearing more about public pension cryptocurrency direct and indirect losses. Brace yourselves.


Recent Post