In response to:

The People vs. Unions: Cash, Credit and Corruption

bigdawgworking Wrote: Nov 20, 2012 2:30 PM
"And really, under the law, a private pension manager would go to jail for using a 7.5 percent assumption..." Which makes you wonder, why is CalPERS exempted? Oh yeah. Pay a bribe. Buy a legislature. When the people who make the laws, break the laws, there are no laws.
scott s. Wrote: Nov 20, 2012 3:04 PM
Lots of private pension programs are underfunded, which is why PBGC is broke. Which is why so many have shifted to 401k-style plans. Then it becomes the workers who underfund their own plans, with no one to bail them out.

While it’s a truism that for every finger you point at someone else you’ve got three pointed right back at you, for liberals it’s part of their laws of physics.

It would be impossible for the laws of liberals to govern without this binding hypocrisy that keeps them in orbit.  

That’s why it shouldn’t surprise you that for all the leftist rhetoric about corporations and greed contributing the decline of the country, there’s one corporate outfit that’s really screwing up this country- and it’s a creation and a creature of the left.

Like most Big Left organizations it is...

Related Tags: Corruption