[TigerClaws]

Another massive underfunded liability.

[txrefugee]

From the pictures we saw during the strike, the teachers should go on a hunger strike next go-around. They could last for at least a year.

[bert]

Not to worry. The fund should buy government bonds paying 10% and there will be no problem. The rates will rise to tat level with QE4

[Savage Beast]

Western Civilization Decadence Groupthink Dogma: "Living beyond your means is cool--and sophisticated! Anybody who doesn't is just plain uncool--or stupid--or a racist--or what's even worse unsophisticated!"

It's always nasty when truth and reality come crashing down on the delusional--especially those caught up in mass delusion.

[Diana in Wisconsin]

These situations just blow my mind. I think it’s time to let cities, counties and even whole states reap what they’ve sown over the years and file for bankruptcy.

Nah, that won’t work. The Takers & Unionistas will just move to states where we Makers still have cash until they drain away all of our resources, too.

Damn.

[Holly_P]

Well, there is a rather obvious solution.

Tax the rich.

[ontap]

That can they keep kicking is getting pretty flat and isn’t going anywhere near as far....the day of reckoning is drawing near!!

[Road Glide]

“Next School Crisis for Chicago: Pension Fund Is Running Dry”

No worries here, folks, none at all!

We’ll just raise taxes on the downstaters to keep that pension money flowin’ in!

[Uncle Chip]

Time for another Stimulus.