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Michael Lewis talks about the moral failure of the Western World

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October 27, 2011

Buy Pension Ponzi Now

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October 27, 2011
Buy Pension Ponzi Now

Click on the book for a direct link to buy – Or ask at your local book store. Product Details Paperback: 256 pages Publisher: Wiley (Oct 7 2011) Language: English ISBN-10: 1118098730 ISBN-13: 978-1118098738
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Market Crash Rips $160 Billion Hole in Public Sector Pensions

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October 4, 2011
Market Crash Rips $160 Billion Hole in Public Sector Pensions

You may or may not have been directly affected by Thursday’s market crash, but you will be picking up part of the tab for the tens of billions in losses suffered by Canada’s public sector pension funds, whether you work in the public sector or not. We give the catastrophic  estimate based on Thursday’s...
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Ontario’s hidden debts

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October 3, 2011
Ontario’s hidden debts

  At least Christina Blizzard is pointing out the disastrous state that McGuinty has left Ontario. http://www.torontosun.com/2011/09/24/mcguinty-is-the-debt-devil-blizzard There is a still much more debt that has been hidden from taxpayers by McGuinty. He is motivated by his reliance on the public sector unions to get reelected. This will cost taxpayers in Ontario dearly. He...
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Manitoba Teachers Loving NDP Going Into Election

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August 29, 2011
Manitoba Teachers Loving NDP Going Into Election

  Manitoba has a complicated set-up for the teachers pension (TRAF). They have two pension accounts one for employee contributions and one for employer contributions. They are both calculated separately. The teacher’s pension does not appear that it have any pension shortfall problems as the government made a $1.5 Billion balloon contribution into the...
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August 18, 2011

The Standing Committee on Finance has begun preparations for their fall consultations on the federal budget. Our brief includes an executive summary and three recommendations that reflect our most important federal program spending priority, and indicates the expected federal cost savings of our proposal along with the recommendations for reducing federal spending. Finance Department...
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Pension Dog of the Day

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August 2, 2011
Pension Dog of the Day

In 1979 the Saskatchewan Teachers’ Superannuation Plan (STSP), created in 1930, was estimated to be short $1.29 billion. The government wanted to get out from under the liability of defined benefit pensions at the time and mandated that all new employees with the province would be enrolled in DC pension plans. In 1990 teachers...
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European Debt Crisis; Impending Catastrophe…

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July 12, 2011
European Debt Crisis; Impending Catastrophe…

  I received an email today from  Rob Viles. Rob is a concerned citizen and runs a successful business in Hamilton Ontario. Rob knows what it is like to be responsible for employees and the success of his business. Like many of us he is concerned about runaway debt and the impact it has...
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Pensions melting all over the place!!!

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July 8, 2011
Pensions melting all over the place!!!

Hello I am looking for someone who may be interested in helping to volunteer with Fair Pensions For All. I have been  running this blog Since January 2009 and it is becoming more onerous all the time. I have no financial interest the work that has been done to date. The activities of my...
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Pensions funds buying …. Everything!!!

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July 5, 2011
Pensions funds buying …. Everything!!!

There was an excellent article letter today from Kelowna by a employment specialist, Robert Smithson . The article is called What is the state of our pension? After a couple of rough investment years in 2008 and 2009, the CPPIB earned investment returns of almost 15 per cent in 2010 and almost 12 per...
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