Blair-llution

Pollution

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I apologise for the suspension of blogging – I am still in Ghana. Despite work being a bit tough at the moment, it is as always a delightful place, though this last week it has been polluted by the presence of Tony Blair. Why he thinks that this vibrant democracy needs to be lectured on “leadership” by a war criminal, is beyond me. Blair should rather take a lesson from Ghana, which is celebrating its sixtieth year of existence and has never invaded another country. Doubtless, beneath his hypocritical witterings, he is as always sniffing around for money and trying to leverage himself into Ghana’s oil, gold or bauxite sectors. A revolting little man, who has to traipse the world looking for platforms where he will not be challenged for his crimes and the hundreds of thousands of children killed by his wars – and even in Ghana his appearances were strictly invitation only.

I cannot give any definite time when I will be back and the blog will resume. Probably about another fortnight.

The Ticking Time Bomb That Will Wipe Out Virtually Every Pension Fund In America

The Most Revolutionary Act

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Source: Michael Snyder, Guest Post
Are millions of Americans about to see the big, juicy pensions that they were counting on to fund their golden years go up in flames in the biggest financial disaster in U.S. history? When Bloomberg published an editorial entitled “Pension Crisis Too Big for Markets to Ignore“, it simply confirmed what a lot of people already knew to be true.  Pension funds all over America are woefully underfunded, and they have been pouring mind boggling amounts of money into very risky investments such as Internet stocks and commercial mortgages.  Just like with subprime mortgages in 2008, this is a crisis that everyone can see coming well in advance, and yet nothing is being done about it.

On a day to day basis, Americans generally don’t think very much about pensions.  Most of those that have been promised pensions simply have faith that they…

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