This Is Happening In Dallas, TX Right Now

tohunt4me

Well-Known Member
http://www.zerohedge.com/news/2016-...-pensions-fearing-money-isnt-there-and-it-isn

"The Dallas police and firefighters pension fund has just 45% of the money it needs to cover benefits. The fund rates to be out of money in 15 years at the current rate of withdrawals. For those eligible, the sane thing to do is retire and take a lump sum payout before the money is all gone... and that’s precisely what’s happening..."
LIke the poor New Orleans firemen.
We had Federal court orders on everything,and threats to lock the Mayor up at one point.( it wasn't the mayor's doing,he inherited the can that had long been kicked down the road)( 3 golf courses for the rich which failed were part of the " investments" along with offshore investments which evaporated without residue,)
 

tohunt4me

Well-Known Member
http://www.zerohedge.com/news/2016-...-pensions-fearing-money-isnt-there-and-it-isn

"The Dallas police and firefighters pension fund has just 45% of the money it needs to cover benefits. The fund rates to be out of money in 15 years at the current rate of withdrawals. For those eligible, the sane thing to do is retire and take a lump sum payout before the money is all gone... and that’s precisely what’s happening..."
YOUR TAXES WILL BE GOING UP SOON.
REAL SOON.
( how much was invested in municipal bonds sold on behalf of the city ?)
 
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