Senior Fellow Lawrence McQuillan, author of California Dreaming appears on KPBS radio in San Diego. McQuillan discusses the public pension system in California and offers a detailed plan on how to fix the underfunded system. His plan would convert public pension systems across the country into defined contribution plans, similar to private 401k-type retirement plans. This would protect taxpayers from bailing out failed public pension systems and also protect current retirees from having bankruptcy courts take away their promised pension benefits. McQuillan also talks about other reform ideas to fix the man-made financial disaster facing many cities and states across the United States.
Senior Fellow Ivan Eland appears on RTs CrossTalk program to discuss topics surrounding the US Patriot Act and whether or not Edward Snowden was a hero or a traitor. On a panel with other defense analysts, the US war against terror is debated. The panel discusses whether or not the US government is violating the constitutional rights by collecting metadata of phone calls and emails of US citizens.
Senior Fellow Lawrence McQuillan, author of California Dreaming, appears on KFIV radio in Modesto. McQuillan discusses the man-made financial tsunami that is threatening California: the underfunded public employee pension system. The crisis threatens to bankrupt the state unless it reforms its pension system to a 401k-style contribution plan, that is common in the private sector. McQuillans plan will not effect current retirees, but would reform the system over decades to avoid a catastrophe.
Senior Fellow Lawrence McQuillan, author of "California Dreaming" appears on KVSF radio in Santa Fe, New Mexico. McQuillan explains how cities and states in the US are in danger of bankruptcies due to underfunding public pension funds. A reduction in services is the result in communities across the country because money is being devoured by pension systems, according to McQuillan.
Sr. Fellow Lawrence McQuillan, author of California Dreaming appears on KLZ radio in Denver, CO. Lawrence talks about the public-pension crisis and how states and cities can change their pension contributions to avoid bankruptcy while honoring commitments to employees.
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.
Sr. Fellow Lawrence McQuillan, author of California Dreaming, appears on the Wall Street Journals Opinion Live show to talk about how to right Californias underfunded public pension system. He talks about how California got into the mess and how other states and cities have the same issue.