This is the biggest robbery in history

[spence]

Originally Posted by buckman

Oh. my bad. Fact check is all BS too. Take this line for example"The fund's assets are backed by the earned benefits of [federal] employees." Sure it is

I love the recent attack on Factcheck.org as being biased because the Annenberg Institute is from Chigago and so is Obama...give me a break

The statement you're balking at is a quote from a person who manages the pension in question. Not sure how you can have an issue with that.

-spence

[buckman]

Originally Posted by spence

I love the recent attack on Factcheck.org as being biased because the Annenberg Institute is from Chigago and so is Obama...give me a break

The statement you're balking at is a quote from a person who manages the pension in question. Not sure how you can have an issue with that.

-spence

So if the pension funds took the hit everyone else has, how are they paying for it? We are paying for it, that's how. Who do you think pays them? Just look at the Ma. pension disaster. Too many gift pensions, too little money. Now I will assume that the Feds. have there's effin us just as bad.

[spence]

Originally Posted by buckman

So if the pension funds took the hit everyone else has, how are they paying for it? We are paying for it, that's how. Who do you think pays them? Just look at the Ma. pension disaster. Too many gift pensions, too little money. Now I will assume that the Feds. have there's effin us just as bad.

Like I said before, I thought most if not all pension funds had Federal protection, on paper at least. I believe this program is pretty much out of money though given the huge pressure from the auto industry and other large organizations failing.

-spence