Detroit plans to cut pensions by 85%, will pay 16c on a dollar. For the past 5 years I’ve been warning that the same will happen to all the members of the US military and all the federal employees: after massive looting by the ruling mafia the pensions will be cut by 80%, that is exactly what happened in the former Soviet Union: the treasuries of 15 Republics of the former Soviet Union were emptied and pensions ended up being only but a few cents on a dollar. I hope someone is listening
Posted on | October 28, 2013 | No Comments
Another Democrat Success Story… Detroit Plans to Cut Pensions by 84% And Pay Only 16¢ on the Dollar
Posted by Jim Hoft on Monday, October 28, 2013, 10:26 AM
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29839 Sta Margarita Pkwy, 
Videography by Barbara Rosenfeld 
