To: ADemocratNoMore; advertising guy; aft_lizard; AJMaXx; Alice in Wonderland; american colleen; ...
NON-ping list topic pings provided
"FOR YOUR INFORMATION!!" As one freeper commented, ".. this just happened last week in Ireland..!"
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As Congress squares off over a debt ceiling vote, the Treasury is scrambling to find cash in the couch cushions. One of the ways it will scare up extra money is by putting off saving for the retirements of federal workers in effect, short-term borrowing from public pension funds.
45 posted on
05/22/2011 6:15:14 AM PDT by
Las Vegas Dave
(Getting freepers to all agree, is like herding cats!)
To: Las Vegas Dave
91 posted on
05/22/2011 7:45:35 AM PDT by
Quix
(Times are a changin' INSURE you have believed in your heart & confessed Jesus as Lord Come NtheFlesh)
To: Las Vegas Dave
103 posted on
05/22/2011 8:29:03 AM PDT by
GOPJ
(Osama bin SEALed - http://www.citizenwarrior.com/2009/05/terrifying-brilliance-of-islam.htmlI stan)
To: Las Vegas Dave
One of the ways it will scare up extra money is by putting off saving for the retirements of federal workers in effect, short-term borrowing from public pension funds. Federal Employee pension funds are no different than the SS Trust Fund it is play money. There is no trust fund it is all tick marks on a ledger.
Current retirees are paid from the general fund just like the SS pensioners. The country is already broke they just wont admit it until no one will buy the Feds bonds.
137 posted on
05/22/2011 1:11:39 PM PDT by
Pontiac
To: Las Vegas Dave; AdmSmith; AnonymousConservative; Berosus; bigheadfred; ColdOne; ...
Thanks LVD. Not a new story, but time for an update.
151 posted on
05/22/2011 8:54:02 PM PDT by
SunkenCiv
(Thanks Cincinna for this link -- http://www.friendsofitamar.org)
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