Thursday, October 15, 2015

Comming Soon To A Theater Near You?


Food for thought if you have an option to get bought out of a defined benefit pension.

7 comments:

  1. That article mentions the nepotism issue as well, something you rarely see mentioned these days. The double dipping and back scratching has made the pension problems worse. When one goes I think we may see a land slide witht he rest.

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    1. Yeah, corruption adds gasoline to bureaucratic fires.

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  2. So they delay pensio s but not welfare? I would guess they know a welfare payment coming out late would cause mass riots and looting while seniors are not as violentence prone.

    Exile1981

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    1. Though they are playing with similar fire by not paying out the modern "opiate of the masses" lottery.

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    2. You want to solve the problem for a long time. Give out one way bus tickets to washington dc along with an IOU for the welfare payments. A lot of the chicago welfare types have no idea that the IOU was from the state and they'd on mass show up in DC to protest. Once in DC list them as moved, cyt off welfare and cook some popcorn.

      Exile1981

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    3. The problem is that if they get rid of too much of the voting underclass they might find themselves out of office.

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    4. And this would be a bad thing for the tax payer?

      Exile1981

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