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Old 07-11-2012, 09:17 AM
whell whell is offline
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,135
Quote:
Originally Posted by bobabode View Post
What's sad is your take on it Whellie. It's going to court.
Yup. Dems suing dems because the they've sucked the public trough dry. Then watch the blame game start.

Cities all over the the country are under financial stress or going into bankruptcy because they're overspent. One of the biggest financial challenges that most cities face is trying to figure out how to fund their pension obligations for pensions that far more generous than the private sector. They're trying to figure out how to cover the nut for health care costs, which are typically more generous than the private sector. Since these cost have been rising for years and administrations like Scranton have kicked the can down the road, the costs are now beyond what the cities can sustain.

See? Ain't that hard to figure.
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