Thursday, May 2, 2013

"Pension Progress"

Mish's Global Economic Trend Analysis: Moving Ahead with "Pension Progress": "Buried in a transportation bill that President Obama signed on July 6, 2012, was a change to make it appear pension plans are better funded than they really are. The bill was called Map-21 "Moving Ahead for Progress in the 21st Century Act"." (read more at link above)

In other words, "appearances" over the "truth."


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