You might want to actually read the article before posting.
posted on 06/07/2013 6:17:20 PM PDT
("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
The article is incoherent. It contains no verifiable data, is based on a mistaken premise, and was written by someone who doesn't have a basic grasp of his subject.
The part about "derivative debt" was particularly bizarre.
Pension funds already own massive amounts of US public and private debt and have done so for as long as they have existed.
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