To: JerseyanExile
Screw the union $h!tbags. Their greed and corruption was a large part of this as well as their intimate ties to the National Socialist Democrat Party. You all killed the golden goose and now you get to eat crow.
2 posted on
06/17/2013 2:48:14 PM PDT by
RJS1950
(The democrats are the "enemies foreign and domestic" cited in the federal oath)
To: JerseyanExile
“Every public sector union in the country would then be on notice that underfunded pension programs will ultimately be welshed on by cities and states.”
Let the welshing BEGIN!!
To: JerseyanExile
The unions would likely argue that the 10th Amendment “trumps the notion that federal law is supreme.”Gee, they didn't behave like that for Scott Walker 2 years ago now did they?
4 posted on
06/17/2013 2:52:22 PM PDT by
taildragger
(( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
To: JerseyanExile
The union pensions and contracts are just torts, like any other.
5 posted on
06/17/2013 2:54:13 PM PDT by
NVDave
To: JerseyanExile
The folks in charge of Detroit gave the folks NOT in charge exactly what they asked for, a free lunch. Since there IS no such thing, it’s time to pay the piper. Ooops, no money. My heart bleeds for them....NOT.
To: JerseyanExile
I'm not sure where they are going with this bankruptcy. Long term outstanding debt is about $17 Billion, not including pension liabilities.
Assets could range over $50 Billion if you count the DIA's collection, Belle Isle, and the water department. Looks like the real estate and the paintings should cover things.
To: JerseyanExile
8 posted on
06/17/2013 2:57:29 PM PDT by
taildragger
(( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
To: JerseyanExile
This article didn't mention...
They are gonna loose their Retiree-Health-Care, and get shuffled to Obamacare and Medicare, no ifs ands or buts per Mr. Orr.....
How is that hopey changey workin' for ya..
10 posted on
06/17/2013 2:59:31 PM PDT by
taildragger
(( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
To: JerseyanExile
The unions making a 10th Amendment argument. Talk about irony...
11 posted on
06/17/2013 3:01:13 PM PDT by
Lurker
(Violence is rarely the answer. But when it is it is the only answer.)
To: JerseyanExile
The unions would likely argue that the 10th Amendment “trumps the notion that federal law is supreme.” That would be interesting to witness: a democrat front arguing for strengthened states' rights. Wow!
13 posted on
06/17/2013 3:14:47 PM PDT by
RobertClark
(My shrink just killed himself - he blamed me in his note!)
To: JerseyanExile
underfunded pension programs will ultimately be welshed on by cities and states That's racist!
18 posted on
06/17/2013 4:05:19 PM PDT by
glorgau
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