Illinois Pension Crisis to Affect Citizens of All 50 States

Illinois Pension Crisis to Affect Citizens of All 50 States

 

A major pension crisis has made its way to Harvey, Illinois. Now, the whole State might suffer while you foot part of the bill…


Peter Reagan, September 13, 2018

In a city with 20% unemployment, property taxes over 5%, and home values declining by 80% over the last decade, greed and incompetence from Harvey, Illinois’ government seem to have a higher priority over solving economic problems.

Since Illinois doesn’t allow cities to file bankruptcy on pension debt, each fund has to be “paid.” So Harvey has to cough up tax revenue to pay down its debt.

But the funds aren’t there, and robbing Peter to pay Paul can only last so long.

Citizens of All 50 States Will be Affected

The pension crisis unfolding in Illinois serves as a stark warning to local governments across the country.

According to a mid-2017 report by Lombardi, all 50 states might experience profound pension challenges:

“A study of the 649 different pension systems…found systematic problems with the assumptions underlying many trusts… This will have profound effects on citizens of all 50 states… In short, a pension crisis is in the works.”

The “crisis in the works” is unfolding, now. Back in 2012, 37 of 50 state pension plans were underfunded. Six years later, almost every single state in the Union has an “unbalanced budget due to runaway pension costs”.

Plus, outdated State pension plans are eating up the tax revenue of their respective state budgets.

How to Hedge Against the Risk

As “hidden debt” eats away at state budgets, you might end up footing the tax bill. The implosion of an outdated pension system could result in retirees losing all of their retirement benefits.

Don’t leave your hard earned savings exposed. That’s why so many have already moved their savings into something that’s proved, time and time again, to protect against economic uncertainty: physical gold.

While you still can: Get a FREE Info Kit on Gold here. There is zero cost and zero obligation to you – we’ll even pay for shipping.

Plus, this 16-page “insider’s” guide reveals the little-known IRS Tax Law to move your IRA of 401(k) into an IRA backed by physical precious metals – without paying any taxes on the transfer.

It’s an excellent option for anyone who wants to take advantage of this opportunity with any savings in their retirement account.

But remember, you must act soon. Once the crisis completely unfolds, it may be too late to take advantage of this opportunity. To get started, click here to get this free info kit on gold.


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Pension Crisis to Affect Citizens of All 50 States

Pension Crisis to Affect Citizens of All 50 States

A major pension crisis has made its way to Harvey, Illinois. Now, the whole State might suffer while you foot part of the bill…


Peter Reagan, September 1, 2018

In a city with 20% unemployment, property taxes over 5%, and home values declining by 80% over the last decade, greed and incompetence from Harvey, Illinois’ government seem to have a higher priority over solving economic problems.

Since Illinois doesn’t allow cities to file bankruptcy on pension debt, each fund has to be “paid.” So Harvey has to cough up tax revenue to pay down its debt.

But the funds aren’t there, and robbing Peter to pay Paul can only last so long.

Citizens of All 50 States Will be Affected

The pension crisis unfolding in Illinois serves as a stark warning to local governments across the country.

According to a mid-2017 report by Lombardi, all 50 states might experience profound pension challenges:

“A study of the 649 different pension systems…found systematic problems with the assumptions underlying many trusts… This will have profound effects on citizens of all 50 states… In short, a pension crisis is in the works.”

The “crisis in the works” is unfolding, now. Back in 2012, 37 of 50 state pension plans were underfunded. Six years later, almost every single state in the Union has an “unbalanced budget due to runaway pension costs”.

Plus, outdated State pension plans are eating up the tax revenue of their respective state budgets.

How to Hedge Against the Risk

As “hidden debt” eats away at state budgets, you might end up footing the tax bill. The implosion of an outdated pension system could result in retirees losing all of their retirement benefits.

Don’t leave your hard earned savings exposed. That’s why so many have already moved their savings into something that’s proved, time and time again, to protect against economic uncertainty: physical gold.

While you still can: Get a FREE Info Kit on Gold here. There is zero cost and zero obligation to you – we’ll even pay for shipping.

Plus, this 16-page “insider’s” guide reveals the little-known IRS Tax Law to move your IRA of 401(k) into an IRA backed by physical precious metals – without paying any taxes on the transfer.

It’s an excellent option for anyone who wants to take advantage of this opportunity with any savings in their retirement account.

But remember, you must act soon. Once the crisis completely unfolds, it may be too late to take advantage of this opportunity. To get started, click here to get this free info kit on gold.


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Illinois Pension Crisis to Spread Across U.S.

Illinois Pension Crisis to Spread Across U.S.

A major pension crisis has made its way to Harvey, Illinois. Now, the whole State might suffer while you foot part of the bill…


Peter Reagan, August 2, 2018

In a city with 20% unemployment, property taxes over 5%, and home values declining by 80% over the last decade, greed and incompetence from Harvey, Illinois’ government seem to have a higher priority over solving economic problems.

Since Illinois doesn’t allow cities to file bankruptcy on pension debt, each fund has to be “paid.” So Harvey has to cough up tax revenue to pay down its debt.

But the funds aren’t there, and robbing Peter to pay Paul can only last so long.

Citizens of All 50 States Will be Affected

The pension crisis unfolding in Illinois serves as a stark warning to local governments across the country.

According to a mid-2017 report by Lombardi, all 50 states might experience profound pension challenges:

“A study of the 649 different pension systems…found systematic problems with the assumptions underlying many trusts… This will have profound effects on citizens of all 50 states… In short, a pension crisis is in the works.”

The “crisis in the works” is unfolding, now. Back in 2012, 37 of 50 state pension plans were underfunded. Six years later, almost every single state in the Union has an “unbalanced budget due to runaway pension costs”.

Plus, outdated State pension plans are eating up the tax revenue of their respective state budgets.

How to Hedge Against the Risk

As “hidden debt” eats away at state budgets, you might end up footing the tax bill. The implosion of an outdated pension system could result in retirees losing all of their retirement benefits.

Don’t leave your hard earned savings exposed. That’s why so many have already moved their savings into something that’s proved, time and time again, to protect against economic uncertainty: physical gold.

While you still can: Get a FREE Info Kit on Gold here. There is zero cost and zero obligation to you – we’ll even pay for shipping.

Plus, this 16-page “insider’s” guide reveals the little-known IRS Tax Law to move your IRA of 401(k) into an IRA backed by physical precious metals – without paying any taxes on the transfer.

It’s an excellent option for anyone who wants to take advantage of this opportunity with any savings in their retirement account.

But remember, you must act soon. Once the crisis completely unfolds, it may be too late to take advantage of this opportunity. To get started, click here to get this free info kit on gold.


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Illinois Pension Crisis to Spread Across U.S.

Illinois Pension Crisis to Spread Across U.S.

A major pension crisis has made its way to Harvey, Illinois. Now, the whole State might suffer while you foot part of the bill…


Peter Reagan, June 26, 2018

In a city with 20% unemployment, property taxes over 5%, and home values declining by 80% over the last decade, greed and incompetence from Harvey, Illinois’ government seem to have a higher priority over solving economic problems.

Read more

U.S. Economy at Risk Thanks to These Two Bubbles

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Former Fed Chair Alan Greenspan just warned about these new bubbles in the economy, saying itís no longer a matter of if, but when the next one will pop. Here’s what you need to know nowÖ


Peter Reagan, May 24, 2018

On January 31, two days before the stock market’s recent sell off, former Fed Chair Alan Greenspan warned:

I think there are two bubbles. We have a stock market bubble and we have a bond market bubble.”

Greenspan believes the ever-increasing government deficit is behind these bubbles, pointing out that the federal debt to GDP ratio is greater now than it was during World War II.

Greenspan also revealed that he doesnít have confidence in when this situation will be fixed:

“I think we’re getting to the point now where the breakout is going to be on the inflation upside. The only question is when.

Other Experts See it Too

Greenspan isn’t alone in his concerns. William White, former Chief Economist for the Bank for International Settlements, said he believes that weíre in an even more dangerous situation today than we were at the peak of the last bubble. Meanwhile, Peter Schiff says:

“The impending economic collapse is hidden from most. People only see a rising stock market, not the negative underlying factors that will cause the whole system to crash.”

Could a downturn be just around the corner?

How to Hedge Against the Risk

With the stock market seemingly on the brink, and financial experts voicing their concerns, it’s no longer a matter of if, but when the bubble will pop. And when it does, do you want your IRA or 401(k) exposed during the crash?

Don’t leave your hard earned savings exposed. That’s why so many have already moved their savings into something that’s proved, time and time again, to protect against economic uncertainty: physical gold.

While you still can: Get a FREE Info Kit on Gold here. There is zero cost and zero obligation to you ñ we’ll even pay for shipping.

Plus, this 16-page “insider’s” guide reveals the little-known IRS Tax Law to move your IRA of 401(k) into an IRA backed by physical precious metals – without paying any taxes on the transfer.

It’s an excellent option for anyone who wants to take advantage of this opportunity with any savings in their retirement account.

But remember, you must act soon. Once the bubble pops, it may be too late to take advantage of this opportunity. To get started, click here to get this free info kit on gold.


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Former U.S. Congressman warns a ‘Calamity’ could cut this Stock Market in half

New Guide Offers Tremendous Opportunity in Gold

This is probably the most important guide you will read this year. What you do with this information could mean the difference between losing up to half the value of your IRA/401(k) or by taking one simple action, making up to 150%.

You see, this year has been a brutal one for the stock market, it’s been one step forward and two steps back. All of 2018’s gains have vanished in just weeks. Over $1.6 trillion was lost in just three days. This has served as a STRONG reminder – the stock market is LONG OVERDUE FOR A CRASH.

Many smart and very wealthy individuals – including banks – have been warning this next crash is near and will be the BIGGEST of all.

Jim Rickards warns: The Next Financial Panic Will Be The BIGGEST Of ALL.

Morgan Stanley says: Stock Slide Was APPETIZER For Real Deal.

Billionaire Carl Icahn says: There’s A Dangerous Bubble In The Hottest Investment Products On The Market.

But you see, there is something you can do right now to protect your IRA/401(k) and savings accounts.

During the last crash there was one investment that more than DOUBLED from 2008 to 2012: Gold. And the people who made MASSIVE gains did so by preparing early. This may be your last opportunity to prepare before the NEXT BIG CRASH.

It’s all covered in Chapter 4 & 5 of this New Guide: The Fiscal Crisis and What You Can Do to PREPARE.

And I’m making it available to you – for FREE.

CLICK HERE TO GET YOUR FREE COPY OF THIS NEW GUIDE

Bill Gates says: It’s a CERTAINTY that we will have another financial crisis like in 2008, so I URGE you to get your FREE GUIDE NOW. As soon as the crash comes it wouldn’t surprise me if gold doubled and silver tripled.

This could be the last opportunity you have to prepare before it’s too late. Remember: it’s better to be a week early than a day late. I urge you to get informed and get prepared.

Sincerely,

David Buchanan
The Hartford Gold Group

This Complete Guide Uncovers:
– The IRA Loophole that could literally save your retirement
– How to prepare for the next Financial Crisis using Gold & Silver
– Taxable advantages of owning Gold & Silver

YOUR RETIREMENT ACCOUNT COULD BE AT RISK IF YOU DELAY