It Begins. Hang Onto Your Hat.

[Ponca Dan]

http://www.zerohedge.com/news/2017-...troduce-bill-taxpayer-funded-pension-bailouts

 

[imprimis]

Wasn't Obama's stimulus packed used to fortify pension plans of union workers?

 

[AC_Exotic]

They'll eventually get it passed.

Americans like voting for free stuff. We're just too stupid to realize all that free stuff really isn't free.

Bottom line, who cares? Our kids and grandkids will pay for it.

 

[imprimis]

They'll eventually get it passed.

Americans like voting for free stuff. We're just too stupid to realize all that free stuff really isn't free.

Bottom line, who cares? Our kids and grandkids will pay for it.

I hope our kids and grandkids who get stuck with the bill also resurrect tarring and feathering for those who gave them the bill.

 

[aix_xpert]

The unseen consequence of dropping interest rates to 0% in order to squeeze one more nickle out of the economy. 3-4% base rates would make 6% returns achievable with minimal risk and pensions could live forever.