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Luckily, Obamacare has now been passed so we can see what is in it. But, the picture just keeps getting worse.
…we’re not even remotely revolutionary.
We have heard the news from Wisconsin and Ohio in recent months about the attempts of those states to rein in the enormous obligations of their state’s pension fund liabilities and their health care liabilities. Of course, both of those states are controlled by the evil Republicans, who presumably want dirty air, dirty water, and dirty…
On the heels of learning that three California cities either have, or are considering filing for bankruptcy, yesterday’s USA Today had an interesting blurb on Calpers, California’s pension trust fund. I will quote it in its entirety.