Thursday, April 02, 2009

Taxpayers make up the losses in public pension funds' portfolios

Taxpayers make up the losses in public pension funds' portfolios: "There is one guarantee, though: the market swoon has decimated public pension funds, and those losses will be covered by taxpayers."

We tighten our belts so we can pay for their pay increases and pension guarantees.

Isn't ANYONE thinking this ain't right?

No comments: