[Vince Ferrer]

We can’t afford to make every Federal, Military, State, and Municipal retiree a defacto millionaire. We just don’t have the money

I'm not saying we should, but I don't think the pensions are going to get cut to something reasonable. I think eventually they will get cut like Detroit's, at about 18 cents on the dollar.

[RFEngineer]

“I think eventually they will get cut like Detroit’s, at about 18 cents on the dollar.”

I agree with you. You could save them if you don’t kill the private sector - but there is no political will to cut anything in America before disaster strikes.