whats ridiculous is how Malone and others...including Halbert ---cant see how unsustainable the current formula is
Had the stock market not nearly tripled since 2009....imagine what the pension deficit would be.
The problem will have to be truly huge before council members will feel they have political cover to truly change the plan.
It needs to be changed yesterday......changing it only for new hires to make the threat of lawsuits go away is truly shortsighted and cowardly.
Ther are no memphis pols with courage.....period
ummm actually no....the govt put you where you belonged.....just not for long enough
john ford.....you are a pox on Memphis
Amazing.....you have to hand it to democrats......when they offer free beer and free cake.....they make it impossible for any state to say no without seeming like Scrooge.
No matter that we don't have the money and will borrow it from China at ever increasing interest rates.
As for Mulroy.....my god man....are you stupid? Can you name me an entitlement that has been taken away once its handed out?
Of course not.....even when this turns into a crushing debt load for states....and it will.....the masses will scream....the democrats look aghast at the thought that mean ole republicans would even think of taking it away.
Its slick politics....make it look so good.....the states cant turn it down.
Biggest bait and switch in the whole obamacare plan
Yep...everybody wants free beer....you want to spend more borrowed billions? dems? you pay for it
By Richard Alley
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