That's 3 Trillion!
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Labor
groups will be invited to the U.S. Chamber of Commerce to talk about an
alarming shortfall in state employee pension plans that some believe
could lead to a new government bailout. [Keep your hands up]
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Let's look at a more likely scenario.
Place: Argentina
Year: 2008
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BUENOS AIRES
-- Hemmed in by the global financial squeeze and commodities slump,
Argentina's leftist government has seemingly found a novel way to find
the money to stay afloat: cracking open the piggybank of the nation's
private pension system.
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If it happens, the announcement will sound something like this (including the Spanish)
In Maryland, where better than 50% get paychecks from government, or
government services, losing their pensions might be the first time that
a good many of them will ever have questioned Democrat rule. Them
what don't blame Bush, of course. Lots of people be wanting pitch
forks.
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