Over at Townhall, the focus shines on Cincinnati — and Detroit. Can the former avoid the ignominy of the latter?
Click on over to the column by Paul Jacob; come back here for more reading. You know, do your due diligence as an informed citizen:
- Cincinnati for Pension Reform website
- WLWT Cincinnati: “Moody’s Downgrades City’s Bond Rating”
- Buckeye Institute: “Worse Than You Think” PDF
- Cincinnati Enquirer: “Who is paying for pro- and anti-pension campaigns?”
- FoxNews.com: “Detroit Bankruptcy Proposal Would Leave Pensioners with 16-cents on the Dollar”
- CPR TV Spot: “Brewing Storm” YouTube :30
- Townhall: “Debtroit – Coming to a City Near You”
3 replies on “Townhall: At the Mercy of Politicians”
taxpayers are expected to just roll over and accept that “promises were made”…but they were made by crooked politicians, using impossible investment return assumptions, paying out WAAAAY more than they could ever possibly earn on teh pension portfolio but, oops, they made a few mistakes and the taxpayer MUST make up the difference! remember, you made a promise, 😉 😉
meant to post up this website which has been covering the rip-off the pensions funds have been committing for years.
http://www.pensiontsunami.com/
[…] Fund, where I work, has been a big supporter of pension reform in general and Cincinnati’s Issue 4 in particular. Ballotpedia, the nation’s best tracker of ballot measures, declared the Cincinnati […]