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A new national poll from Quinnipiac University shows that a majority Democrats believe the federal government should bail out Detroit, but an even larger majority of Americans oppose such a move. Fifty-one percent of Democrats support Washington providing federal assistance to Detroit, which last month became the largest American city ever to seek bankruptcy protection
Wash Post
Moody’s report found that the median funding level of pension liabilities to state revenues for all 50 states in 2011 was 45 percent. But the levels varied widely from state the state. Illinois, where legislators have repeatedly failed to enact sweeping pension reform, had the highest pension liabilities, nearly three and a half times what the state raises in revenues. Nebraska had the pension fund deemed to be in the best shape, with liabilities of just 6.8 percent of revenues.
Moody’s report found that the median funding level of pension liabilities to state revenues for all 50 states
Originally posted by AlienScience
I'd rather bailout a US City than bailing out Banks.
Shouldn't the Federal Government assist it's States and Cities in a time of need?
Shouldn't the Federal Government assist it's States and Cities in a time of need?
Originally posted by AlienScience
I'd rather bailout a US City than bailing out Banks.
Shouldn't the Federal Government assist it's States and Cities in a time of need?
We should take all of the corporations that we bailed out and the entirety of Wall Street and make the move into Detroit. I'm serious