Senior Fellow Lawrence McQuillan, author of California Dreaming, appears on KLIF radio in Dallas to discuss public pension crisis in America. In cities, counties and states across America, the pension funds for public employees are underfunded. Money that should be in the bank to pay promised retirement benefits isnt there and the taxpayers are losing because of it. Vital services for cities are being cut to pay retirement benefits that were promised by politicians. In California, the politicians who made those promises to increase pension benefits, are no longer in office. McQuillan outlines what must be done to prevent more public bankruptcies.
Senior Fellow Lawrence McQuillan, author of California Dreaming, appears on KCNR radios We the People show in Redding, CA to discuss the underfunded public pension crisis in the United States. McQuillan talks about not only Californias pension crisis, but other cities and states across the nation. Despite the politicians who make promises based on unrealistic projections, McQuillan has a plan to reform pension systems that polls show, voters approve of. The plan avoids bankruptcy for cities and states and keeps promises made to retirees.
Senior Fellow Lawrence McQuillan, author of California Dreaming appears on Newsmax TV to discuss the financial crisis facing many cities and states in the US: the fact that public-pensions are grossly underfunded and taxpayers can be left holding the bag. McQuillan talks about how to resolve this pending, man-made crisis in America.
Senior Fellow Ivan Eland appears on Arise TV to talk about the Greek Governments credit deal with the International Monetary Fund. Eland says the last minute deal with Greeces creditors might prolong the inevitable, that Greece might fall into default on loans. Greece and the EU might be better off if they realize that Greeces economy is failing.
Research Fellow Burton A. Abrams appears on the "Freedom & Prosperity Radio" show with host Joe Thomas. Abrams talks about his book The Terrible 10: A Century of Economic Folly which contains ten of the U.S. federal government's biggest economic mistakes and the fallout of those mistakes.
Sr. Fellow Ivan Eland appeared on Arise TVs XChange program to talk about German Chancellor Angela Merkel. Merkel has called for austerity in Europe and has helped Europe avoid economic collapse. Although she mediated bailouts in Europe, the situation would have been worse without her leadership. Merkel has also demanded sanctions against Russia.