Monthly Archives: July 2009

Tales from the other side of the aging catastrophe

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July 28, 2009
Tales from the other side of the aging catastrophe

A recent article entitled Gray Menace – Why Japan’s aging, shrinking population is bad for the United States was written about the impact of an aging population base in Japan. The article provides a good overview of the implication of Japans aging society. Japan is the grayest country in the world, with 21.5 percent...
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Public Sector Pension Club get annual pensions in excess of $100,000

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July 23, 2009
Public Sector Pension Club get annual pensions in excess of $100,000

In Canada and the US thousands of public sector employees are retiring with pensions in excess of $100,000 per year. These plans will never fail, because they’re backstopped by the taxpayers. These pensions cost taxpayers Billions and have started a financial crisis for governments at all levels on both sides of the border. Jack...
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The great public-sector pension rip-off

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July 12, 2009
The great public-sector pension rip-off

The Economist published an article that reported on public sector pensions. It is called The great public-sector pension rip-off. It is a short article but highlights the key points about what is wrong with our public sector pensions. Although it is written from the UK it perfectly describes Canadian pensions as well. JOIN a...
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Pension Problems in Nova Scotia

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July 10, 2009
Pension Problems in Nova Scotia

There was an interesting article about the pensions with city unions being renegotiated. Cities want to negotiate pensions It will be a very tough challenge. Once given these things are hard to take back. They create a large financial burden on taxpayers and are very generous pensions indeed. This pension plan is in serious...
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Comment from public sector worker about this Blog

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July 8, 2009
Comment from public sector worker about this Blog

After the series of CBC interviews I received a comment post on the blog. It was from a public sector employee who was upset with some of my remarks on the radio interviews. One of those 11 interviews across Canada can be found here from CBC Edmonton. In the rest of Canada that same...
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Canada’s Public Sector Unions at War with Canadian Taxpayers

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July 6, 2009

I was recently asked to do a series of interviews with the CBC Radio. They asked me to be interviewed on public sector pensions in Canada. The CBC has been sensing a rise in animosity between the private sector and the public sector. They wanted me to discuss this across Canada in several morning...
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