[MizSterious]

Idiot. They get pensions because there is a contract that agrees to pay pensions. It’s astounding to me that anyone here is ready to ignore contracts. That goes against not only honor and law, but a lot of conservative principles that helped make this country great. Once we can ignore contracts, order ceases to exist.

[Hojczyk]

The answer is let medicare people pay more in premiums when they go on the system....and prorate it more service you pay more out of pocket.....these people in south Florida have a cough they go to the doctor...It cost nothing no co pays...golfers go more than anybody .. sore back go to doctor sore shoulder go to doctor... it is out of control....medicaid is the same way....

[Tax-chick]

A good case could be made that a contract which demands the forceable expropriation of the property of others is null. This is what we’re talking about with government employee pension (salaries, other benefits).

A private company can form a contract with its employees guaranteeing this or that compensation; yet, if the company does not have sufficient income to meet the agreed payments, the employees do not have the legal option of taking the money from non-customers by force. The employees have recourse only against the employer, for whatever they can get.

[sten]

contracts agreed to by elected types for unions types in exchange for voting the elected types in.

how convenient ... and corrupt

menawhile, i’m supposed to pay for them. that’s cute.

no

[pgkdan]

Gee...sounds like your afraid someone’s gonna pull you off the government (taxpayer1) tit! Tough!

[GladesGuru]

“Idiot. They get pensions because there is a contract that agrees to pay pensions. It’s astounding to me that anyone here is ready to ignore contracts. That goes against not only honor and law, but a lot of conservative principles that helped make this country great. Once we can ignore contracts, order ceases to exist.”

“Once we can ignore contracts, order ceases to exist.” - is true, but once the gooberment which contracted to pay that pension goes bankrupt, under contract law, the pension liability is either gone or negotiable.

[Crazy ole coot]

Mr. obama has already made all contracts null and void. Remember the take over of the auto industry where he void the shareholders and investors contracts so the unions could profit?

[listenhillary]

Chrysler bond holders.

[redgolum]

A contract is not a suicide pact.

Contracts are voided all the time, for all sorts of reasons. Heck, in one of my old jobs Coke and Pepsico were famous to ignoring any contract that went against their own interest at any time.

There is no money. None. The promises made were lies then, and lies now.

Do we work to change that or just collapse the system?

[bvw]

In a private endeavor a contract is a form of an asset. If the private company of the lowly debased peon of non-federal employee or non-elected official goes bankrupt, the private contracts value is NIL. Ask the employees of many a failed company, or even some few towns.

The federal pension “contract” is not a true contract. It is merely the promise of the sovereign. And sovereigns change their mind!