Page 768 - Pensions News Today

Municipal pensions. the workers pensions are absolutely out of control. even if theyre not unionized, their pensions are absolutely staggering. they do all kinds of tricks to get themselves more pension money p. i dont want to do anything to harm the firemen or the firefighters or the police or ambulance workers. they deserve every penny, but the rest of the bloated bureaucracy is sucking this country dry. >> youve got to wonner who works for whom, though? i mean, they work for us, right? >> i t...

Still hes in a world of hurt. he has to raise taxes to pay the benefits. >> but hes done nothing else. focus on the rich and local sales tax, then the taxes get to be regressive. that is not the way you do it. if he was half at great as addressing spending, as coming up with more revenue they might have solved this problem. >> and it shows you -- rahm emanuel used to be a new democrat, one of bill clintons people and they were supposed to be for not raising taxes at every turn. hes turned into, ...

Experience, versus donald reside experience as an entrepreneur and a television star, i think the american public and the republican primary voters is going to say, wait a minute. we have had inexperiencensed people in the job before, probably going to need to go with a political ceo that needs to deal with people 0 not on their payroll like the american congress -- >> you raise a very good point. the reason i think this is bigger than the donald, i look at bernie sanders and the rath on the loo...

500 points. 600 points. hundred. back and forth and back and forth. and has the news changed that dramatically? this is pretty much the stuff that sent us down last week, too. >> even the swings. its always like 600 points down. 400 points back. it always has more points down that up. >> like weight, like a diet. >> why is this happening. >> you mentioned china. chinas growth slowing, stalling, that effects everybody. granted our companies dont do all of their business there but they do a portio...

Justified by fundamentals and there will be less of a risk of a financial collapse down the road, and, secondly, it will be a good thing because its going to provide some genuine investment opportunities for people who want to put their savings and pensions and investments. but you know what? short term its going to be incredible volatile -- >> right. >> -- and the key thing for investors is not to be pushed into doing the wrong thing. do not panic at this point. its better just to sit back and ...

The rainy day found is 165 times bigger than when we took office. pensions are funded. the state is better. young do that in a blue state we can do it for america. >> what he is saying is that its not all that, and that this surplus that you alluded to, the 2.6 billion that became a -- now he says is a deficit of more than 2 billion. what do you say? >> interesting. those are at the democratic talking opinions. that theyve stopped saying them because theyre wrong then budget i just signed actual...

This country back and i truly believe that donald trump is the only person that is going to bring jobs back bring integrity back to the white house and make america great again. >> his leadership is obvious. what hes been doing the last few weeks in his campaign, he led every candidate around by the nose. even when interviewed, the conversation is about trump. hes completely taken over the dynamic of the election process. hes leading, they are following. >> i think everybody know that is trump i...

Don nam dynamic of the election process. >> everyone knows that trump is a natural-born showperson. hes entertaining. what has everyone in america been talking about? trump. i think its a brilliant move. >> i feel like everybody in washington who have been there this amount of time that have backstabbed the american people voted for their raises for their own pensions why are we paying for them to retire? you bankrupt social security medicare theres no money. >> donald trump feels like a hero to...

Defund obamacare and use their constitutional power. they didnt stop obamas executive amnesty. they funded it.h are they catering to big business as many charge? >> some are. also, you need a strong president who is willing to lead. a lot of these different things weve confronted in new jersey, sean, a democratic legislature. and ive gotten them to do things like reform teacher tenure and to be able to stand up to the teachers unions on pensions and health benefits. this president is so weak and...

Greece has the most generous pension plans in the world. if you were a hairdresser, you could retire at 55 with full benefits. but in any event, when you add it up greece was spending 134.4% on the gdp on pensions. that is the high nest europe. it is much higher than the united states which is at 8.5%. and it was on a gentleman trekttrajectory to be 25% by 2050. theyre focused on getting greece to change behavior is in tax collections. joe talked a lot about this. this is a different cut. this l...