Why all US pensioners should fear Sto...

Why all US pensioners should fear Stockton crisis

There are 3 comments on the MSN Money story from Apr 2, 2013, titled Why all US pensioners should fear Stockton crisis. In it, MSN Money reports that:

While working as a city bureaucrat might not have many perks, it's always had one guarantee: a nice pension.

Join the discussion below, or Read more at MSN Money.

John

United States

#1 Apr 2, 2013
Ya I can garuntee you they will rob all taxpayers blind the civil war is coming soon I hope
Ex- El Paso Resident

Las Cruces, NM

#2 Apr 2, 2013
If the pensioners prevail I would say Stockton will have about as much luck selling any more bonds or borrowing money as Washington DC politicians have of getting a 99% approval rating from the public.

Scr*w the bond holders and watch you fund sources dry up overnight and what little you can borrow will be at double digit interest rates.

Just ask Greece about how that works.

The pensioners will just move elsewhere and take their money with them.

Since: Feb 13

Mandaluyong City, Philippines

#3 Apr 19, 2013
Yes, having a pension get makes you feel secure about the future.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Stockton Discussions

Title Updated Last By Comments
News Doctor heads to court after online sex sting (Nov '06) 5 hr Miggy 17,273
News Jodie Emiko Yamaguchi (Nov '10) Jul 27 Luke 2
News Sacramento Gas Prices Creeping Up Jul 22 Go Blue Forever 9
police need to make a stop to latino gangs! (Sep '08) Jul 17 jose 112
Unsolved Murders (Mar '06) Jul 12 Bob 46
Looking for Rick or Richard Bartmess Jul 10 Concerned 1
News Customers say they were scammed in Vacaville (Dec '11) Jul 9 Matt Bowman the v... 11

Stockton Jobs

More from around the web

Personal Finance

Stockton Mortgages