The Maine Public Employee Retirement System (PERS) is asking tax payers for a $916 million bailout (about $700 for every man, woman and child in the state). The story being peddled is that the crisis was caused when the funds were raided in the 1970's but that is not the whole story. Jarrod LeBlanc and Bob Chapman discuss the role recent investment strategies have played in the pension crisis.... ( read more )
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https://inflationprotection.org/bob-chapman-on-maine-pers-bailout/?feed_id=52284&_unique_id=63a3c54d898d1
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Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)