Monday, July 22, 2013

Ah...Just kidding...

"Cries of Betrayal as Detroit Plans to Cut Retirees’ Pensions"

"Detroit’s pension shortfall accounts for about $3.5 billion of the $18 billion in debts that led the city to file for bankruptcy. How it handles this problem is being closely watched by other cities."
How would you like to be a recent retiree of the city of Detroit? Pick up garbage or patrol the streets for 30 years - you're in your early fifties - and then you're told you'll get 10 cents on the dollar for your pension and health care.

Nah, you won't be pissed. You should have saw it coming. That's what everyone is going to tell you.