They have a very funny way of choosing their villains
By Tom Chambers • 4:38 p.m. March 16, 2009 • 0 Comments • 0 Trackbacks
Neil Cavuto let it rip on public employee pensions — comparing them to those of AIG and other bailed-businesses.
Public pensions will likely prove to be a larger problem than the banking fiasco. At all levels of government, the pensions awarded to public employee unions come with a hefty price tag that government (read, US) won’t be able to afford. You can follow a lot of this at Pension Tsunami.
Cavuto says:
By all means, bitch at AIG, it is an easy target. But do be consistent. Bitch at those public pensions. They’re an even easier, and bigger, one.