worse than SS....federal, state, county and city civil service pensions........it’ll make the SS crisis seem gentle by comparison.....
When was the last time you saw geriatrics riot ??
true, most people aren't aware of the coming problem. I read some time back that the unfunded Federal, State and Local pension obligations are over $20 Trillion. I don't know what it will take to return the government our Founders intended.
Medicare is four times bigger than all the rest combined at $85 trillion it will destroy our currency forcing a return to Constitutional govt and the demise of the parasites.
BUMP
It's happened elswhere recently. From Wikipedia:
January 24, 1997
Following the collapse of several "get-rich-quick" pyramid schemes, in which hundreds of thousands of Albanians lost their life savings, enraged investors go on the rampage in the southern town of Lushnjë. Foreign Minister Shehu is attacked by demonstrators there on January 25. On January 26, thousands of people converge on central Tirana and clash with riot police. Government buildings are set ablaze in towns and cities across the country. In February unrest engulfs Vlorë, causing several deaths. On March 1 Prime Minister Aleksander Meksi resigns. On March 2 a national state of emergency is declared. Rioters take control of the town of Sarandë, seizing weapons from police headquarters and army barracks. With astonishing speed the entire military establishment melts away, the security service dissolves, and the people arm themselves with every type of weapon, including Kalashnikovs and even tanks - an estimated 650,000 weapons are seized. Most of the southern half of the country falls into the hands of ragtag rebels and criminal gangs. More than 10,000 persons flee to Italy, which in turn causes a governmental crisis in Rome. Several high government officials, including Defense Minister Safet Zhulali, flee abroad. Despite widespread demands for his resignation, on March 3 President Berisha is reelected unopposed by Parliament (113-1 with 4 abstentions). On March 6 insurgents take control of Tepelenë, and on March 8 they seize Gjirokastër, the last southern government stronghold. On March 11 Bashkim Fino of the opposition Socialist Party is appointed as prime minister. Arjan Starova becomes foreign minister; Shaqir Vukaj, defense minister; Arben Malaj, finance minister; Belul Celo, interior minister. Unrest spreads to northern Albania, and by March 13 engulfs all major population centres, including Tirana. Alia flees jail during the insurrection. Nano is pardoned by Berisha on March 16. Foreign countries begin to evacuate their nationals from the country, which is now in a state of anarchy. More than 360 people have been killed and 3,500 wounded in three months. The tragic events also cause the economy to suffer. Unemployment soars over the 25% mark, inflation rises, and gross domestic product, which registered 8-11% increases in the previous few years, drops by 7%. The currency is devalued from 108 to more than 150 leks to the dollar.
Late March 1997:
The UN Security Council approves dispatching a multinational military force to Albania to oversee the distribution of international humanitarian aid and maintain order.