In response to:
Municipalities aren't going broke because the unions negotiated good retirement deals, they are going broke because of poor financial and fiscal management. Had they realistically valued the returns on retirement fund investments they would have made adequate provision for it and, most probably, would have resisted generous benefits. Instead they pretended they would get returns of ten or twelve or fifteen percent per annum on their investments which was a fantasy. Now both the municipal employees and the municipalities are paying the penalty for spending too much time in financial fantasyland.
Forward! Stockton, California; move on forward, right to bankruptcy.
Can you take the Democrats with you? Oh, that's right: They are already there.
Stockton, California will seek bankruptcy protection after negotiations with unions over benefits and workers' pay failed to avert insolvency by the city. But because of laws passed by California liberals aimed at entitling government union workers to inflated pay and benefits under most circumstances, look for more cities in California to seek the same remedy.
If you weren’t horrified by the case made in Madison, Wisconsin over union wages and benefits causing massive state and local budget...
Tax payer looses.
Public sector unions are analogous to hiring two guys to mow my lawn, then letting them argue with each other to determine what i have to pay them for the work. Public sector unions should be illegal for obvious reasons.