Recently the Center for Effective Government and Institute for Policy Studies found that the 100 largest chief executive retirement funds are worth an average of about $49.3 million per executive, or a combined $4.9 billion.  This reflects, Bloomberg reports, the growing gulf between the highest paid CEOs and the middle class who don’t often earn enough money to even save much into a 401k plan.  But these studies are always presented to make the progressive Democrat argument that capitalism is out of control, that capitalism enables the few on top to earn a lot of money and steal from the middle class and poor who cannot possibly earn enough to save for retirement. But all of these studies only complain about private sector pensions. They act as if the huge pensions enjoyed by those in the public sector don’t exist.  And of course if you only follow the reports of liberal biased news media you won’t find many reports on the huge pensions...(Read Full Article)