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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Why does one think that the Govenator of NY called after talking to a majority of the other Govenators Fed Chairman Bernake....to beg for an AIG BAILOUT....WHY BECAUSE THE PUBLIC EMMPLOYEE PENSION FUNDS WOULD HAVE GONE BK>
That was one of the talking points that the Politicians said, "The pension funds for our retired people will go to ZERO!"
The States will HAVE to do cutbacks of employees with the Police and Firemen to be the last to go....
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"Some Observer"
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