[RatRipper]

they put folks in jail for that in the private sector

[pepsionice]

Yep, I bet that shocks alot of federal employees that they could go and grab that. I’ll bet unions get dragged into changing the future of the fund after this mess and remove it from federal hands.

The other question will be if they can grab the TSP (the 401k fund of gov’t employees). That will really screw up stocks and investments across the nation if they removed money from that.

[C210N]

This is a criminal illegal act, probably being done not to bide time, but to apply alinsky rules to ramp up the crisis

[virgil]

Put pressure on Congress to raise the debt limit by tapping employee pension. Obamster and his crew should all be in jail.

[Iron Munro]

Obama is making sure he gets his hands on their “Fair Share”.

[Sacajaweau]

another lock box with no money in it....

[The Cajun]

Treasury Secretary Timothy Geithner says the government has begun borrowing from the federal employee pension fund to keep operating without surpassing its debt limit.

Sounds like an inside job.

[Tench_Coxe]

Just found one example of what happens to those who steal from pension/retirement funds in the private sector:

Well Known Investment Advisor Indicted for Stealing from Pension Plans

Without getting too specific, it may be time to "feed the hogs" or past that "awkward moment". We have criminals in our government.

[VRWC For Truth]

DC is out of other people money. It’s cannibalizing its own debt. The Ponzi scheme called big gov’t is crashing hard. Lil Barry is now a farce.

[taildragger]

Where is ERISA when you need it, they probably have someone running it that has the same epistemology as Van Jones...

[diogenes ghost]

Not a big deal at all.

All they are doing is putting an IOU in a box full of IOUs.

They can't take any money out...there isn't any there.

[maine-iac7]

Well, they embezzled our Social Security funds long ago -
now they’re robbing themselves - although I doubt a single congresscritter or senators retirement funds will be touched.

[wastoute]

Anyone still think they won't take 401K or anything else they can get their hands on? Let them have your firearms and they can take absolutely everything else!

μολὼν λαβέ

[familyop]

B-b-b-but there might not be enough debt/revenues for big government tomorrow! That would be just terrible. ;-)

[bestintxas]

If you are a govt worker, you should pay attention very closely

[Crucial]

It appears things are actually worse than they want to admit.