George Will: America’s pension crisis is really coming

FEB. 22, 2017 Some American disasters come as bolts from the blue — the stock-market crash of October 1929, Pearl Harbor, the designated hitter, 9/11. Others are predictable because they arise from arithmetic that is neither hidden nor arcane. Now comes the tsunami of...

Towering Debts

FEB. 2017 Last November, the financial analysts at Moody’s issued what was, for many, a troubling report. It included the fifteen U.S. cities with the largest unfunded pension liabilities—to put it in English, the money missing from city coffers that’s supposed to pay...

Cops and Firefighters, Please Look Hard at Your Pension Fund

JAN. 30, 2017 Of course Dallas cops and firefighters are furious over the public tone of the pension fund fight, because so much of it accuses the ordinary members of the fund of somehow being at the bottom of the debacle. The questions the members of the fund need to...

Letter to the Texas Delegation

JAN. 25, 2017 This week, the following letter was sent to members of the Texas Delegation in Austin. Taxpayers for a Fair Pension leaders are asking our elected officials to pass legislation that will help solve Dallas’ pension crisis. … When Dallas has faced a major...

Dallas Stares Down a Texas-Size Threat of Bankruptcy

NOV. 20, 2016 DALLAS — Picture the next major American city to go bankrupt. What springs to mind? Probably not the swagger and sprawl of Dallas. But there was Dallas’s mayor, Michael S. Rawlings, testifying this month to a state oversight board that his city appeared...

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