In response to:

America's Greece

SteveB2 Wrote: Jun 13, 2012 12:42 PM
Meanwhile, the May deficit was double what it was last year. Calamity is certainty. Plan and prepare accordingly!

In California, the mayor of a major city has decided that it's time to renegotiate union pensions, which are bankrupting the municipality; more specifically, he wants to raise the retirement age. The governor of the state wants to revamp the welfare system, forcing people to get back to work within two years rather than four. The state government has worked with the California Highway Patrol to implement furloughs amounting to a 5 percent pay cut. Meanwhile, the Los Angeles Unified School District has forced teachers unions to accept 10 furlough days, amounting to a 5 percent pay cut.

Here's the crazy...