PENSION MONEY USED TO BAIL US OUT

“The alternatives are all worse.” – Ellis Henican

Fox Business Channel’s “Freedom Watch” (05/16/11) with Judge Napolitano : Treasury Secretary Tim Geithner announced that the federal government had hit its debt ceiling. In order to keep the government operating, Geithner’s first move was to “borrow” from federal government pension plans.

Ellis Henican, Lori Rothman and Katherine Mangu-Ward

E-mail ellis@henican.com. Follow him at twitter.com/henican

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ELLIS HENICAN is a New York Times bestselling author, a Pulitzer Prize-winning newspaper columnist and a popular TV news pundit. He is also the voice of Stormy on the hit Cartoon Network series Sealab 2021. Ellis is a born storyteller. His How to Catch a Russian Spy, written with American double-agent Naveed Jamali (Scribner), was called “the funniest book I read” by Washington Post critic Carlos Lozada and is being made into a feature film by director Marc Webb (500 Days of Summer, The Amazing Spider Man) for Twentieth Century Fox.

Ellis wrote the ground-breaking Vigilance with longtime New York City police commissioner Ray Kelly (Hachette Books) and Worth Dying For with Navy SEAL commander Rorke Denver (Howard Books), a follow-up to their special-ops bestseller Damn Few (Hyperion). Making It in America, with furniture titan John Bassett III (Center Street), tells how U.S. companies in the Trump era can survive foreign competition and keep American jobs at home. ,Read More

PENSION MONEY USED TO BAIL US OUT

“The alternatives are all worse.” – Ellis Henican

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