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Re: WHAT???????? McConnell says he favors allowing states to go bankrupt, but that would mean pensioners get SHAFTED

By: capt_nemo in POPE 5 | Recommend this post (0)
Fri, 24 Apr 20 8:27 PM | 20 view(s)
Boardmark this board | Pope 5 		Msg. 59760 of 62138
(This msg. is a reply to 59743 by Decomposed)
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True dat DE!!!!




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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Re: WHAT???????? McConnell says he favors allowing states to go bankrupt, but that would mean pensioners get SHAFTED
By: Decomposed in POPE 5
Fri, 24 Apr 20 2:37 PM 		Msg. 59743 of 62138

When money is lost, somebody is going to get shafted. Should it be the state's pensioners? Or should it be uninvolved taxpayers from other states?

As I said earlier, if states get bailed out, then those who create the messes won't even learn anything. They'll have mismanaged their money and not suffered consequences for it. That wouldn't solve anything. It would push problems down the road, make them even worse, cause new problems along the way and be terribly unjust.

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