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To: Gabrial

Well, guess what. These people that served their community for years are going to lose their pensions completely or maybe get 8 or 9 cents on the dollar.


I can think of several scenarios where “these people” will be you and I.


12 posted on 07/19/2013 10:30:23 AM PDT by PeterPrinciple
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To: PeterPrinciple
“I can think of several scenarios where “these people” will be you and I.”

Police and Firemen in cities such as Chicago, Philly, and other cities victim to Democratic leadership will be in the same boat in a few years (or months).

As one poster put it, math simply does not lie.

Chicago just had its credit rating reduced, which will speed its demise considerably.

http://www.bloomberg.com/news/2013-07-18/moody-s-cuts-chicago-rating-amid-crime-pension-liability.html

A lot of good people will suffer (right along with the takers) as the crime spirals and the cities burn.

14 posted on 07/19/2013 10:53:09 AM PDT by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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