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Senior Fellow Lawrence McQuillan, author of California Dreaming, appears on KFIV radio in Modesto. McQuillan discusses the man-made financial tsunami that is threatening California: the underfunded public employee pension system. The crisis threatens to bankrupt the state unless it reforms its pension system to a 401k-style contribution plan, that is common in the private sector. McQuillans plan will not effect current retirees, but would reform the system over decades to avoid a catastrophe.
Senior Fellow Lawrence McQuillan, author of California Dreaming appears on Newsmax TV to discuss the financial crisis facing many cities and states in the US: the fact that public-pensions are grossly underfunded and taxpayers can be left holding the bag. McQuillan talks about how to resolve this pending, man-made crisis in America.
Senior Fellow Ivan Eland appears on RT Television to discuss comments by Defense Secretary Ash Carter who stated that Iraqis just dont have the will to fight ISIS. Eland talks about the history of the Iraq war and what is needed to stabilize the region.
Senior Fellow Ivan Eland appears on Arise TV to talk about the Greek Governments credit deal with the International Monetary Fund. Eland says the last minute deal with Greeces creditors might prolong the inevitable, that Greece might fall into default on loans. Greece and the EU might be better off if they realize that Greeces economy is failing.
Senior Fellow Ivan Eland appears on CCTV to discuss the latest on the situation in Yemen. The Arab League announced it would like to form an Arab joint military force to fight ISIS.
Sr. Fellow Lawrence McQuillan, author of California Dreaming appears on KLZ radio in Denver, CO. Lawrence talks about the public-pension crisis and how states and cities can change their pension contributions to avoid bankruptcy while honoring commitments to employees.
Sr. Fellow Ivan Eland appears on America Tonight with Kate Delaney to talk about government spending out of control. Eland compares the US money supply and spending under George W. Bush and Barack Obama to eating candy and getting a "sugar high" instead of a good balanced diet. British Prime Minister David Cameron has followed the examples of US Presidents Harding, Coolidge, Eisenhower and Clinton and embraced austerity to bring about long term prosperity.
Senior Vice President Mary Theroux is interviewed on radio station KOGO in San Diego to talk about the latest on California's Maximum Family Grant rule for families on welfare. She discusses the underlying reasons why children are born into poverty and the difficulty of breaking the cycle of poverty.