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Archive for June 2nd, 2016

Crime Still Pays for Corrupt Government Pension Boss

Thursday June 2nd, 2016   •   Posted by K. Lloyd Billingsley at 3:22pm PDT   •   0 Comments

From 2002 to 2008 Fred Buenrostro, a former deputy director of the state Department of Personnel Administration, was the chief executive of the California Public Employees Retirement System (CalPERS), the nation’s largest pension fund. In 2008 CalPERS paid Buenrostro an annual salary of $238,992, but that wasn’t enough for the government pension boss. As…
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Using the National Debt for Leverage Against the U.S.

Thursday June 2nd, 2016   •   Posted by Craig Eyermann at 6:07am PDT   •   1 Comment

In April 2016, we considered the use of national debt as a weapon through Saudi Arabia’s threat to sell off its large holdings of the U.S. national debt and other assets. The threat comes in response to the possibility of the U.S. Congress acting to declassify 28 pages of a report about the role…
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