tag:blogger.com,1999:blog-1797875972831999598.post2611128112393705592..comments2023-11-22T04:27:07.521-06:00Comments on glen brown: I was recently asked: “Can the State of Illinois declare bankruptcy so it can renege on its public pension obligations?”gbrownhttp://www.blogger.com/profile/13435049339082622611noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1797875972831999598.post-78603929340293715402013-07-19T17:47:41.695-05:002013-07-19T17:47:41.695-05:00"This is quite ironic, considering the deplet..."This is quite ironic, considering the depletion of trillions of dollars from taxpayers to bail out bankers, corporations, and the wealthy that had devastated the U.S. economy and the lives of millions of people" (Your post).<br /><br />It gets worse, Glen. In actuality, American households lost nearly 16 and 1/2 trillion dollars in net worth in the "housing collapse" of 2007-8. That's money gone and never coming back. That's money that would have supported an economic recovery by the middle class. <br /><br />The middle class has been eviscerated, and now the culprits for expense have become the public workers - not the banks and corporates who walked away unscathed and in many cases rewarded.<br /><br />Keep up the fight to tell the truth, my friend.<br /><br />JDJohn Dillonhttps://www.blogger.com/profile/10516552420300264491noreply@blogger.comtag:blogger.com,1999:blog-1797875972831999598.post-3983469049451119942013-07-19T16:48:39.510-05:002013-07-19T16:48:39.510-05:00If the legislators could file for bankruptcy they ...If the legislators could file for bankruptcy they would. Illinois is a state run by Chicago politicians that have placed us in this sorry state of affairs. Now they are looking for someone else to suffer the consequences of their dishonesty and complete lack of a conscience. I think not.Johnohttps://www.blogger.com/profile/09907560831171409542noreply@blogger.com