[freekitty]

“But WE owe these retired employees their pensions & they should be paid in full.”

Not when they are bringing the country to ruin they don’t.

[The Duke]

I’m all for paying them every penny they are due, in highly-inflated non-inflation-adjusted dollars. Sure it will be painful for everyone, but the party’s over and it’s time to pay the band.

[Mister Da]

First, I don't believe the various levels of gov’t have quite reached the point of not being able to pay their obligations, including existing pensions. I do think Obama & Co. are quickly headed in that direction.

Second, to abandon these pensions is likely a death sentence for many of those deprived. Most are elderly.

Do you think it is reasonable to deny these pensions without first gutting our socialist gov’t of do-nothing bureaucrats? How about those lavish salaries & perks of our ruling class? Should they remain in place as pensioners starve? “Let them eat cake!”? Perhaps we should continue to feed the North Koreans, Afghans, etc. as we steal the livelihoods of old people. It would be stealing, you know.

Personally, I think that itself would bring our country to ruin.

FYI, I am not retired, pay lots of taxes, & do not have a defined benefit pension, but I respect the obligation we have to pay those pensions. I don't like it, just like I don't like paying bills. Too bad for me, & you.