Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (194114)	3/30/2009 5:12:52 PM
From: Broken_Clock	Respond to of 306849

"Unless the stock market stages a major recovery, bringing the system's assets and liabilities back into balance, taxpayers will have to pony up more money to cover the guaranteed benefits of many of the system's 320,000 public employee participants." --- Don't you love how they lead the article with a conclusion set in stone? I guess it's useless to note that since 1991 PERS liabilities have gone up about 400%. Has Oregon's population gone up 400% in that time? Have private sector bennies and wages done up 400% in that time? Yet the taxpayer must step to the fore and get hosed one more time. The only reason gov't wages, jobs, bennies are untouchable is because that is a massive voting block to keep the thieves in power at all levels of gov't.