Independent Institute Senior Fellows John C. Goodman and Lawrence J. McQuillan speak on a panel with Heartland Institute Senior Fellow Peter Ferrara at the 2015 FreedomFest held in Las Vegas, NV. The program is moderated by Lewis Uhler, President of the National Tax Limitation Committee.
Thanks to FreedomFest, Inc. for the permission to post our fellows' presentation. For further information about FreedomFest, go to www.freedomfest.com
Lewis Uhler, President of the National Tax Limitation Committee, moderates a panel with Independent Institute Senior Fellows John Goodman and Lawrence McQuillan and Heartland Institute Senior Fellow Peter Ferrara at the 2015 FreedomFest held in Las Vegas, NV.
Senior Fellow Lawrence McQuillan, author of California Dreaming is interviewed on the nationally syndicated Bill Martinez radio show. McQuillan's book outlines a plan to switch public pensions to a 401(k) style plan. This way, public pensions won't threaten to bankrupt cities, counties, and states when they become underfunded.
Love Gov portrays the federal government as an overbearing boyfriend Scott Gov Govinsky who foists his "good intentions" on a hapless, idealistic college student, Alexis. Each episode follows Alexis's relationship with Gov as his intrusions wreak (comic) havoc on her life, professionally, financially, and socially. Alexis's loyal friend Libby tries to help her see Gov for what he really is a menace. But will Alexis come to her senses in time? Tune in to find out!
Senior Fellow Lawrence McQuillan, author of California Dreaming is interviewed by Michael Krasny on KQED radios Forum program. McQuillan tells of his plan to resolve the pension crisis in California and other states by switching from the current system to a 401(k) style of retirement plan, as most private sector companies use. This way, McQuillan argues, the public employee retirement system would be portable and transparent while remaining solvent.
Clifford F. Thies, author of The Independent Review article Repudiation in Antebellum Mississippi, is interviewed on National Public Radios All Things Considered about the state of Mississippi defaulting on its loans in the 1840s. Other states defaulted on loans during this period, but most reconciled with debtors, but not Mississippi. Mississippi repudiated its debts, refusing to pay them.
Senior Fellow Lawrence McQuillan, author of California Dreaming, appears on WSVA in Virginia to talk about the public employee pension crisis facing municipalities across the US. When public pensions are underfunded, there is not enough money to pay promised benefits to retirees. Recent bankruptcy courts have ruled that these pension benefits can be cut in the event of a bankruptcy of a city, county or state. McQuillan has a plan that if enacted, could resolve the crisis within decades, while fulfilling promises made to public workers.