Friday, October 31, 2008

Pensions

I mentioned the pension problem before. Mish has a good post worth your time. This is going to be an epic political battle as the public starts to understand the implications of these problems...

http://globaleconomicanalysis.blogspot.com/2008/10/pension-time-bomb-explodes.html

2 comments:

Aztec Tomb said...

Very true.

You know, after the Orange County financial collapse, I wrote a paper in my Rice Law & Economics class that argued for greater oversight of both government agency investments and and regulatory oversight for derivative markets.

The professor gave me an A, but didn't approach me about publishing. If only, if only.

Restless Native said...

Would that be cross-dressing Dagobert Brito? My only A of any sort at Rice? Love the man.