Monday, November 02, 2009
"The coming public pension nightmare"
Government pensions are in trouble and you know where that buck stops...
Rick Moran writes about them at AmericanThinker.com:
"And with the economy still in the dumps, the problems facing states and large cities is only going to get worse.
Government is legally obligated to pay these huge benefits to retirees. Any attempt to change them via legislation will be challenged in the courts - probably successfully. What must occur is a sea change in opinion of both taxpayers and beneficiaries. Nobody is begrudging these employees a decent pension. But bankrupting the very government they loyally served should not be an option."
