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To: milwguy
Absolutely nothing stops the sovereign state of Wisconsin from one day refusing to pay any pensions at all.

Since bankruptcy is not an option...and should NEVER BE...there is no "higher, legal controlling authority" who can tell a state how they have to allocate their revenues and expenditures.

16 posted on 03/04/2011 4:20:08 PM PST by Mariner (USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
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To: Mariner

Now that would be just deserts this way the retirees who lose their pensions can join the rest of us in the rice patties


44 posted on 03/04/2011 8:58:56 PM PST by funfan
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