[An Old Man]

Don't be so hard on those folks.

If you want to git yer britches in a wad, follow up on what these fine folks are considering:

Pacific Grove California Explores Bankruptcy Over Pension Issues

In an effort to rein in pension costs, Pacific Grove California Explores Bankruptcy.

If they are successful we better start building Bomb Shelters again.

[ChicagahAl]

"we better start building Bomb Shelters again."

Please explain how you think that their actions are bad.

[TenthAmendmentChampion]

Ping to the linked post above

[Cboldt]

-- Don't be so hard on those folks. --

Other than expressing my opinion, I'm a passive observer.

-- If you want to git yer britches in a wad, follow up on [Pacific Grove California Explores Bankruptcy Over Pension Issues] --

Again, an entirely predictable eventuality. The only mysteries being "how" and "when."

Not that I don't feel bad about it. I feel awful. What the "trustees" of public trust have done is unconscionable.

[tcrlaf]

“Pacific Grove California Explores Bankruptcy Over Pension Issues”

This is the net coming defined-benefit bomb...
Public Pensions.

I used to live in Pacific Grove. I always wondered how a TINY town like that could afford the HUGE promises they were making in the 80’s.