The Obama Administration’s policies have effectively stripped retirees of their life savings and nest-eggs. Clamping down on interest rates benefits the debt-ridden government, but not the citizenry, whose investments are now producing meager or negligible earnings. Pundit Dick Morris explains.
Once widely viewed as the most beautiful state in the nation, world-renowned for its climate and its beaches, California is now flirting with disaster, seemingly destined to become America’s version of Greece. The state is hurling toward bankruptcy, but still rewards its workers with lavish pensions that the state lacks the resources to sustain. John Stossel discusses this ticking time bomb with Dan Mitchell from the CATO Institute and Los Angeles Mayoral candidate Kevin James.
