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Hawaii unfunded liabilities: Unpredictable tsunami or government-made disaster? – Hawaii Reporter

See on Scoop.itPRG HAWAII NEWS WITH RUSS ROBERTS

Hawaii unfunded liabilities: Unpredictable tsunami or government-made disaster?
Hawaii Reporter
HONOLULU — It’s not uncommon for civil defense to order Hawaii residents off shorelines after a tsunami warning.

Russell Roberts‘s insight:

The future of private, union, and state-funded pension plans looks grim.  Hawaii County has been delaying such payments for several years, and has recently decided to fund them again.  Several mainland states, including New Jersey, have found they don’t have sufficient funds to pay for medical programs covering retired workers.  On top of this issue, is the  future of social security and medicare.  Don’t get sick, maintain a sound budget, eat right, don’t buy what you don’t need, and stay of debt.  That’s about all you can do these days.  And, yes, get used to an ever increasing spiral of taxes.  At least the weather in Hawaii is decent.  Aloha, Russ.

See on www.hawaiireporter.com

Retired News director of Pacific Radio Group Radio Stations on Hawaii-the Big Island. I have more than 40 years of broadcast experience, including positons at KTUH-FM (UH-Manoa), KPOI-FM (Honolulu). KHLO-AM (Hilo), KKBG-FM (KBIG-FM)(Hilo/Kona), KAPA-FM (Hilo-Kona). Native-FM (Hilo-Kona), and ESPN Hawaii (Hilo-Kona). Former University of Hawaii-Hilo librarian. Retired Air Force Officer. Amatuer (Ham) Radio operator since 1977 (currently holds the Amateur Extra Class License from the FCC-KH6JRM).... Can read, write, and speak Russian. Retired on 30 September 2011, but still maintains a Hawaii Island News Blog.

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