"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
“Inevitable Taxpayer-Funded Bailout” As Angry Teamsters Watch Their Pensions Go Bankrupt
Submitted by Melinda L. Secor on Mon, 2016-05-16 01:00
"As baby boomers retire, large union groups are watching as their pensions go unstable, and they beg the government for help. Only, there isn’t and never will be enough to go around. Though the pension was mismanaged, even theft from the public purse won’t be enough to stop the pain that will come when millions realize that their retirement money isn’t there, and other other benefits may be just as uncertain."
0
Your rating: None
- Login to post comments
User Login
Search This Site
Recent comments
-
It's certainly a step in the right direction.2 weeks 5 days ago
-
They may be in control of someone else. But they are NOT in...3 weeks 2 days ago
-
More prescient than one would have realized after the experi...3 weeks 3 days ago
-
http://www.informationliberation.com/?id=6333527 weeks 2 days ago
-
“Madness is something rare in individuals — but...31 weeks 2 days ago
-
I wouldn't be surprised to learn that it's some kind...31 weeks 2 days ago
-
And they're just the ones that got caught.31 weeks 2 days ago
-
The fruits of Marxism: Complete and total insanity.42 weeks 4 days ago
-
Fortunately, he now has the money and the influence to not n...1 year 8 weeks ago
-
Look at the timing. They don't want CIA/MI6 funded...1 year 9 weeks ago
more