Comments on: Municipal Bankruptcy Can Restore Financial Stability

By: Municipal Bankruptcy Can Restore Financial Stability | CalWatchDog | Filing For Bankruptcy

Tue, 06 Aug 2013 07:10:00 +0000

[…] See the rest here: Municipal Bankruptcy Can Restore Financial Stability | CalWatchDog […]

By: eatingdogfood

eatingdogfood — Wed, 23 Jan 2013 01:24:16 +0000

Democratic Hustler Politicians + Corrupt Greedy Unions = BANKRUPTCY BABY!

By: Rex the Wonder Dog!

Rex the Wonder Dog! — Sun, 20 Jan 2013 23:50:05 +0000

This pension debt is an assault weapon aimed at our kids heads. We ought to ban them.
Hondo
==
You know it.

By: Hondo

Hondo — Sat, 19 Jan 2013 18:09:08 +0000

This pension debt is an assault weapon aimed at our kids heads. We ought to ban them.
Hondo..

By: eyeamok

eyeamok — Fri, 18 Jan 2013 13:20:30 +0000

“We are at 1.5% growth, but that is due 100% to ZIRP-take out ZIRO and we are negative”

If you SUBTRACT Government Deficit Spending, you will not find any POSITIVE GROWTH IN GDP for ANY Quarter going back 30 YEARS, 100% of ALL Econimic Growth over the last 30 years is FAKE, built upon CREDIT and Devaluation.

By: eyeamok

eyeamok — Fri, 18 Jan 2013 13:16:17 +0000

All PUBLIC PENSION not 100% Funded at the time of their inception with PRESENT FUNDS are by definition PONZI SCHEMES, they Require ever increasing investment from FUTURE investors to fund day to day operations, They Also ENSLAVE future Generations in perpetual debt, while receiving NO BENEFIT WHATSOEVER, This is what we used to call INVOLUNTARY SERVITUDE.

They All belong in PRISON and Their ASSETS SEIZED for this Crime on our Children. And it needs to happen right NOW, before it is too late. And trust me that time is coming soon and fast.

By: Rex the Wonder Dog!

Rex the Wonder Dog! — Fri, 18 Jan 2013 04:24:21 +0000

We are at 1.5% growth, but that is due 100% to ZIRP-take out ZIRO and we are negative

By: Dirtbos

Dirtbos — Fri, 18 Jan 2013 03:09:12 +0000

“…We would have to have economic growth of near 10% forever to begin to pay this debt.
Hondo…”

Good luck on that, considering who is in charge in Sacramento and Washington DC.

Can anyone say “financial meltdown”.

By: Hondo

Hondo — Thu, 17 Jan 2013 21:04:25 +0000

Let us remember that the wall of pension debt is 500 billion at least with one study putting it closer to 800 billion. Every year more and more public employees retire. At most these tax increases will give the dems a year or two (past the 2014 elections?) before the real wall of debt begins to fall. We would have to have economic growth of near 10% forever to begin to pay this debt.
Hondo…