ALERT! U.S. Pensions LOOTED by Government. Here's Proof

It wasn't too long ago that Detroit was a booming town with great property. OFFSHORING of manufacturing jobs lead to its demise. Now those who rely on their pensions to make ends meet will soon have to look elsewhere. Detroit is becoming the model for America by dipping their hands into pension funds, as well as not paying as much as they promised they would.

Paper investments can't be safe when they're being controlled by the bankers. Why should your pension be any different?





Marc Faber: The asset bubble has begun to burst
"I don't believe that the global economy is strengthening; I rather think the global economy is weakening,"
Faber is looking for a 30 percent drop in the S&P 500.
As Detroit's water department shuts off more taps, nearly $1 million is available for low-income customers who need help paying their bills.
Detroit police union agrees to tentative deal in bankruptcy breakthrough
The plan would allow police and fire retirees to keep their monthly pension checks but would require them to accept a reduction in annual cost-of-living-adjustment (COLA) increases.
"unless entitlements are substantially reformed, I am confident that this country will default on its debt."
city officials expressed relief, "the real fundamental, underlying question about the ability of a municipality to alter retiree health care benefits has not been answered,"