Unfunded and Underfunded, Three Obscenities
Sort of Makes Me Sick Something is wrong here . "Public Employee Pension Funds Underfunded by $1.5 Trillion" When a state government negotiates pensions for state workers, then fails to fund them... that's, let's see... Lying (to the future pensioners), Irresponsible (to taxpayers), Damaging (to the economy) and Stupid (beyond belief). That's obscene in my book. Of course corporations have been making the same obscene decisions as well. It just seems stupider when it is our state legislators and executives doing it. Why don't we hear some specifics, like which legislators and governors did it? Why aren't they the object of our scorn? Why aren't they held accountable? But no, the public worker unions - who negotiated in good faith, and assumed the other side would act in good faith - get the blame. Who's side would you say the "corporate media" is on? Reporting a big story and leaving out the...