6-19-26 - 9am - Public Employees Retirement Association

This episode is a wild ride, folks, as the speaker takes aim at the Public Employees Retirement Association (PARA) in Colorado, exposing a system that's more about padding the pockets of investment managers than protecting the pensions of teachers, firefighters, and other public servants. Buckle up and get ready for some serious outrage.This episode delves into the world of public pensions, where the rules seem to be made to be broken. The speaker shares a shocking story about PARA's investment managers, who lost nearly $10 billion in 2022 but still managed to collect massive bonuses. It's a tale of how the system is rigged to favor the few at the top, while the rest of us are left to foot the bill. We're talking about a state where the politicians are more concerned with lining their own pockets than with serving the people.The speaker also touches on the topic of the "Cordon Sanitaire," a concept that's been making waves in Europe, where mainstream parties are finally starting to work with the populist right. But what does this have to do with Colorado? Well, it turns out that the speaker has a theory about what's really going on in the state's pension system, and it's not pretty.If you're tired of the same old story of politicians and bureaucrats looking out for themselves, then this episode is a must-listen. The speaker's got the receipts, and they're not afraid to share them. So grab a cup of coffee, sit back, and get ready to have your mind blown by the truth about PARA and the state of Colorado's pension system.See omnystudio.com/listener for privacy information.