Friday, January 21, 2011

Government Unions Offering No Pensions for New Hires

  • Not enough.
  • Must agree to cut back on those in the system as well. Bankruptcy Judge will decide.
  •  Create 401 type plan like the rest of us.
 This report from Investors Business Daily- here is an excerpt that will stun you,


"So how much is the Golden State in the red? At least $265 billion, and perhaps $737 billion, both greater than official state reports suggest. For perspective, the proposed California general fund budget for next year is $84 billion."
We gotta start over - put things back to the way they were years ago. Government unions must be dissolved.

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