Will Pension Funds In The US Be Bailed Out?

Jason goes on a rant about pension funds in the US being ripped off or defrauded by private equity, hedge funds and Wall Street investment banks as well as politicians that lied and over-promised cushy retirements to voters that they knew could not mathematically be paid for at the state and local level without bailouts from the US federal government (US taxpayer then screwed over) and the Federal Reserve.

Articles About Pension Funds Being Ripped Off or Stolen From:
1) Looting the Pension Funds
2) Did Banks Dump Structured Financial Products in Your Pension Fund?
3) Wall Street Fleeces Pension Funds As Workers Pay Twice
4) The Risk Pension Funds Can’t Escape
5) By Exploiting and Mismanaging Public Pensions, Wall Street Has Cost Taxpayers $600 Billion Over Last Decade
6) Ripped-Off Pension Funds Vs. Wall Street Donors
7) How Wall Street Is Fighting to Rip Off Your Retirement Money
8) A Plan to Stop the Pension Plan Rip-Off
9) Wave of US Municipal Bankruptcies Caused by Wall Street Predatory Interest Rates, not Pensions
10) The Incredible Story Of The Jefferson County Bankruptcy -- One Of The Greatest Financial Ripoffs Of All Time

The Pension Time Bomb: $400 Trillion by 2050

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