The courts have upheld the employees right to the pension as promised and we will be forced to pay much higher taxes so a few can have their retirement.
This one more item that will cause "life as we know it" to unravel.
The courts ruled the cities have to pay them. Does the court say where the cities can go to get the money?
If not, I’m sure it won’t be long before congress will be borrowing more money to bail out the cities “Because the courts told us to”. And they’ll just prolong it a little while.
We’re sliding down a slippery slope. And obama is pooring water on it making it more slippery which means we’ll get to the bottom faster. If a republican gets in all he’ll be able to do is borrow some dirt from China to throw on it hoping it will create some friction and slow it down. But we’ll still get to the bottom. I don’t see how we can climb out of this.