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To: Elroy who wrote (13510)1/19/2013 4:50:41 AM
From: selivanov  Respond to of 33421
 
"The idea that our current state and local taxes go to pay for [insert scam of the day] rather than schools and workers is appalling"

Gee Elroy, what makes you so sure the schools and workers aren't a bunch of scammers too?

Looks like a hell of a lot of fraud is going on in the "wonderful" public institutions as well:

retractionwatch.wordpress.com



To: Elroy who wrote (13510)1/19/2013 10:15:43 AM
From: ggersh  Respond to of 33421
 
Agree, but when all, and not just govt workers have it guaranteed
it's a major problem.....think, WS at it's worst "financial engineering"
and the search for yield

"Every Pension fund, from a city, county, state level, all the University endowment funds and so many other institutional investors are unable to get an 8% returrn that they have predicated there futures on"


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