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I was asking which state you live in, is it a secret.
Does it matter? My state is 92.5% funded with 10.6 years amortized. Plenty better than some which are less than 50%. And not asking the fed gov to bail it out.
Location: Was Midvalley Oregon; Now Eastside Seattle area
13,060 posts, read 7,493,946 times
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I alerted older bro ( @BigBank) about OR tier 1, PERS, way back in late 80's. He said, states don't have the ability to go Bkrpt because they have the power of taxation and localized management ????
Anyhow, bailouts only if Unions, PERS, Fireman and Police rein in the benefits to the earlier users of Tier 1 plan.
Does it matter? My state is 92.5% funded with 10.6 years amortized. Plenty better than some which are less than 50%. And not asking the fed gov to bail it out.
Here's a thought. Maybe someone with access to some sort of media outlet could actually ask Joe that question-and then discuss it. Back in my day, we had something called a news industry that did things like that. They had reporters and everything.
It WOULD be good for just one talking head to do so and force Quid Pro Joe to go on record on the issue, one way or the other.
Until I see a credible news source or like you say see him state that I will discount this to a typical right wing talking point.
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