QOTD: "[The] public pension crisis is not going away. It actually is getting worse every year, because politicians, financiers and union bosses lie to taxpayers, public workers and themselves about how much retirement benefits truly cost.
Right now, based on U.S. Census Bureau calculation of a 17.6 percent gain year over year ending June 30, somebody still has to kick in more than $30 trillion for what we already owe, or pension checks bounce...
Guess who has to pay up or have our property confiscated? Taxpayers. This is at least $30 trillion taken from a generation already burdened with the biggest government legacy debt in history. It is locked in; no reforms going forward have any significant impact." --Frank Keegan
"Larwyn's Linx: Primer for the 3Q Obama for America (OfA) numbers"
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