| In this episode, host John MacGregor dives into what is described as the greatest retirement crisis in history, with a focus on the systemic issues plaguing the United States pension system. A distinguished panel comprising experts in financial forensics, educators, and leaders from the Ohio Retirement for Teachers Association discuss the deep-rooted problems within the pension system, particularly highlighting mismanagement, lack of transparency, and the chasing of high-risk investments by pension funds as central to the crisis. With a series of guest experiences and expert analyses, including a spotlight on the teachers' pension crisis in Minnesota and the broader implications for the US economy and taxpayers, the episode underscores the urgent need for transparency, accurate management, and the fulfillment of pension promises. Ted Siedle, renowned for the largest whistleblower awards in history and co-authoring 'Who Stole My Pension?' with Robert Kiyosaki, sheds light on the opaque and mismanaged financial practices eroding the foundation of pension systems. 00:00 Introduction 01:56 A Deep Dive into America's Pension Crisis 07:48 The Minnesota Teachers' Pension Struggle 11:58 The Power of Pension Activism and the Role of Social Media 12:57 The Ohio Experience: A Call for Transparency and Reform 20:20 Uncovering Hidden Fees: The Battle for Pension Transparency 24:22 Unveiling Pension Mismanagement: A Deep Dive 25:21 The Challenge of Accountability in Public Pensions 26:51 The Ohio Case: A Stark Example of Neglect 29:59 The Dark Side of Private Equity and Real Estate Investments 38:18 The Impact of Mismanagement on Teachers and the Education System ----- Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity. The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions. |
Robert Toru Kiyosaki (born April 8, 1947) is an American businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name for a fee. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts.
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