Monday, September 06, 2010

Put Your Hands Up

BUT WAIT! THERE'S MORE
Businesses and unions planning to meet on possible
$3,000,000,000,000 pension disaster
That's 3 Trillion! 
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]
Let's look at a more likely scenario.
Place: Argentina
Year: 2008
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.
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.

4 comments:

Hell_Is_Like_Newark said...

Argentina was wealthier on a per capita basis than the United States back in the 1920;s.

Like Argentina, the United States can collapse into a third world existence.

Anonymous said...

I have you and drudge on my quick tabs bar, and when I scrolled down and saw that, I forgot which I'd clicked on.

I thought drudge went off the deep end.

TimO said...

Collapsing the United States into a 3rd-world nation is exactly what the current administration is aiming for: it IS after all the best way to ensure a "Presidente for Life"....

JMcD said...

"ridin slick"

Oh wait.... It's the "bozo on a bicycle"

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