US Cities Face Half a Trillion Dollars of Pension Deficits As I mentioned back in March… municipal debt mostly in the form of unfunded pensions is going to become a monster issue over the next 18 months or so. You are going to see cities going bankrupt or getting bailouts. As bad as it is [...]
Browsing Posts tagged taxes
Still buying municipial bonds?
October 12, 2010
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Spend Spend Spend Spend Spend
August 9, 2010
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For every 1 billion the federal government spends we (90 million who actually pay federal taxes) will get a bill for $11.11. That’s pretty easy math.. so for instance the additional 57 billion of new ‘stimulus’ last week cost us about $633 each. How much did you earn last week? If they were honest about [...]
Charlotte Bin Watch – Day 62
July 7, 2010
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It was 62 days ago that I ask the city of Charlotte to take back their RFID tagged recycling bin. I’m not going to play their game… which if you didn’t know involves tracking your participation in their money losing recycling program… and eventually fines.. and re-education about how to be eco friendly. No thanks [...]
Continuing on yesterdays posting about RFID recycling bins. It seems our own city council wasn’t aware of the tags either until after the Tara Servatius show where she covered the story (after I scooped her army of research interns). Reading a little more about these.. it seems to be a world wide phenomenon as these [...]
A couple months ago the city left what I thought was a second garbage bin in front of my house. It took me a week or so to figure out it was actually supposed to be for me.. as I’d not heard about it or expected it. Turns out it’s a big ‘recycling cart’ which [...]
