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Pensionjacking

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Been warning you about these paper promises, for a minute.

The write-ups are different, but the video is the same.

Pension Fund Ultimatum: A Haircut Looks Better Than a Beheading
http://lewrockwell.com/slavo/slavo48.1.html


City To Firefighter and Police Retirees: Give Up 50% Of Your Pension Or Risk Losing It All
http://blog.alexanderhiggins.com/2011/07/24/city-firefighter-police-retirees-give-50-pension-risk-losing-41311/


So, there we have it, gold isn't money (at least according to Ben Shyster Bernanke*) and soon your retirement fund won't be money, either.

*BTW, didn't Shyster Bernanke say the subprime problem wouldn't spread into the rest of the housing market? Crazy

Entry #600

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