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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

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    contracts (none / 0) (#2)
    by Rougman on Sat Jul 20, 2013 at 07:07:24 AM EST
    Odd how that silly old constitution works sometimes--aggressively protecting bad-faith contracts while the taxpayers get screwed time and time again.

    One wonders however just how much money the dead carcass of a golden goose can provide.  The tax base has been driven from the city.  The steady flow of state funds has been squeezed because of city corruption and incompetence.  And creditors, able to read the writing on the wall, aren't likely to lend much money when expected returns are likely to yield a negative 90 percent. Obama has said he will not bail out the city.

    Yet, these pension funds have been promised to the workers of a worker's paradise and they must be honored!  Something has got to give and apparently the constitution is not on our side.

    • Well... by Corinthian Scales, 07/20/2013 08:29:24 AM EST (none / 0)

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