Upcoming Discussion for Sunday’s THE FORECLOSURE HOUR
Sundays: 3 pm (HST) / 6 pm (PST) / 9 pm (EST). Click HERE to listen.
The Coming Public Pension Meltdown: How Fannie Mae and Freddie Mac Were Used To Steal Public Pension Funds, Where Did All the Money Go, Who Has Been Covering Up the Theft, and How Every Homeowner Has Been and
Will Be Further Harmed by One of the Biggest Yet Still
Largely Concealed Financial Ripoffs in American History
We all know the devastating effects that the 2008 mortgage crisis has had on the American economy generally and tens of millions of homeowners personally and their families in the United States, while Pontius Pilate-like, federal and state judges and legislators have mostly looked the other way.
We are now faced with a yet even bigger, approaching financial disaster that this Nation’s local and state governments are equally unprepared for: the coming public pension meltdown that the federal government this time lacks the otherwise needed huge financial resources to adequately deal with.
Cities like Detroit have already had to file bankruptcy due to unfunded public pensions, and Chicago, Dallas, El Paso, Houston as well as other American cities, along with States like Arizona, California, Ohio, Hawaii, Illinois, and Nevada are said to potentially be next — all at risk due to unfunded public pensions affecting tens of millions of their retirees and their residents dependent on public services.
What is little known is that behind this next crisis in large part once again have been Fannie Mae and Freddie Mac — twin Frankenstein monsters as it were — created, fed, and shielded by self-dealing federal politicians.
As public pension deficits increase, the financial strain upon homeowners and other taxpayers and everyone dependent on public services, whether in foreclosure or not, will also increase.
Knowing how the public pension crisis arose and why Fannie Mae and Freddie Mac, the controlling entities furthermore behind MERS as well, are largely responsible for it, is knowledge essential in any effort to deal with it.
Our special guest this Sunday will be Virginia Parsons, who has devoted years researching the coming public pension crisis and who will for the first time share her unique findings with us. The Sucker Punch – The Elite’s Attack on Pension and Retirement Funds. What’s in your retirement account?
If you are a homeowner paying property taxes and dependent on government services and/or have or are earning a government pension, you cannot afford to miss this show.
Gary Victor Dubin
Dubin Law Offices
Suite 3100, Harbor Court
55 Merchant Street
Honolulu, Hawaii 96813
Office: (808) 537-2300
Facsimile: (808) 523-7733
Licensed in California and Hawaii