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Old 12-11-2014, 04:21 PM
Danny B Danny B is offline
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,899
Bankruptcy of the pension benefit guarantee corporation

As everyone knows, GOV bought a LOT of bullets. Who are they going to use them on? GOV is pushing through a plan to cut pensions in a big way.
Congress considers plan to allow pension plans to cut benefits for retirees - Dec. 10, 2014
Pension plans have been severely underfunded and the obvious answer is, just cut them.
The Daily Bell - So It Begins: Congress to Cut Pension Plans
A branch of GOV guarantees a huge number of plans and GOV is broke. Pension Benefit Guaranty Corp - PBGC Protects America's Pensions
The bill is being pushed through pretty fast. Is there some kind of urgency? Maybe GOV knows something that we don't know. http://www.zerohedge.com/news/2014-1...its-us-bankers
Things are really warming up with the financial crash initiated by the oil price crash. It's definitely bad news for the banks. https://www.youtube.com/watch?v=Ey20x-VlDYQ
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