This is the biggest robbery in history

[spence]

Originally Posted by buckman

So if the pension funds took the hit everyone else has, how are they paying for it? We are paying for it, that's how. Who do you think pays them? Just look at the Ma. pension disaster. Too many gift pensions, too little money. Now I will assume that the Feds. have there's effin us just as bad.

Like I said before, I thought most if not all pension funds had Federal protection, on paper at least. I believe this program is pretty much out of money though given the huge pressure from the auto industry and other large organizations failing.

-spence