Submitted by twig on Thu, 11/22/2012 - 1:07pm
A few days ago, Goldman Sux CEO Lloyd Blankfein was "interviewed" by a CBS tool, giving him an opportunity to explain that entitlements like Social Security, Medicare, and Medicaid are just too expensive to continue. Yes, it's old news, already reported earlier here and here. But what I totally missed is that Blankfein's math is waaaaaay off, creating an opening for some LTEs. Read below the fold...
Submitted by twig on Wed, 06/20/2012 - 11:22pm
Remember those 30 years you spent working at a job you didn't like all that much so that you'd be able to retire one day? Sorry about that. The states' public employee retirement and health care funds are in the hole by nearly $1.4 trillion -- with a T. Read below the fold...
