[EQAndyBuzz]

Just take more from the union workers pay and let them pay for it.

[truthguy]

Congress needs to change the laws to allow the States to go bankrupt. In this way the States can restructure the retirement of their employees and retirees. There is no other way. Maybe if the states did their job 10-15 years ago the States would not have been in this mess.

[Old_Grouch]

Companies are not allowed to run underfunded pensions like that. They must file annually with the Dept of Labor and their funding level is defined by law.

[Daveinyork]

What a lot of people are forgetting is that the reason most private sector companies dropped their defined benefit plans is that government regs since ERISA have made the administration and funding of them too expensive.

The government plans are not subject to ERISA rules for actuarial soundness or nondiscrimination.

[joe fonebone]

The model cannot sustain itself. Either changes have to be made, or it will collapse like a house of cards. Yet, the unions cheer everytime change is defeated. I think it is beyond time for the membership to wake up. Those in charge of the unions care for no one but themselves.

[The Comedian]

Laughing-while-we-starve-to-supply-their-feast ping.

"Economic Holocaust" ping.

Increasing volume ping list watching the slow motion Economic Holocaust.

FReepmail me if you want on or off
The Comedian's "Economic Holocaust" ping list...

Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

[April Lexington]

Nobody EVER asks how these pension liabilities were allowed to happen without funding. “Unfunded pension liabilities.” Who sold our idiot legislators that plan? Was it “The Golman Sax?” Think about this... unfunded... pension... liabilities. How DOES that happen?

[April Lexington]

This simple solution is to funnel all of these pension beneficiaries into Obamacare where they will quickly die off...