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U.S. pension agency posts record deficit
Reuters ^ | 5/20/09

Posted on 05/20/2009 8:39:49 AM PDT by Kartographer

"The amount of underfunding in pension plans sponsored by financially weaker employers is very substantial," Snowbarger said in testimony prepared for the Senate Special Committee on Aging.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy
KEYWORDS: pensionplans; thecomingdepression
Damn, and I was hope I'd have enough to by a nice new oak rocking chair when my time came!
1 posted on 05/20/2009 8:39:49 AM PDT by Kartographer
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To: Kartographer

Keep KILLING BUSINESS, you idiots......(KILLING FREEDOM one day at a time)


2 posted on 05/20/2009 8:42:24 AM PDT by goodnesswins (WE have a REPUBLIC.....IF we can KEEP IT!!!)
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To: Kartographer

http://www.pensiontsunami.com/

we’re so screwed


3 posted on 05/20/2009 9:06:57 AM PDT by WOBBLY BOB (ACORN:American Corruption for Obama Right Now)
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To: Kartographer

Trouble in Obamaville.


4 posted on 05/20/2009 9:32:59 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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