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November 14th, 2008, 10:13 AM #1
More Doom: Philadelphia, Phoenix, Atlanta, Detroit Need $50 Billion Dollar Bailout
Article:
U.S. cities seek federal help to ease economic crisis
"Philadelphia's pension fund lost more than $650 million in value in the first nine months of this year, and the city faces $300 million in increased pension costs between the fiscal years 2010 and 2013, the letter said"
I wonder if the pensions will be stolen (taxed) anytime soon. Nationalize them to protect them, right?
I put this in national because it is not just a philly issue.
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November 14th, 2008, 12:42 PM #2Senior Member
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Re: More Doom: Philadelphia, Phoenix, Atlanta, Detroit Need $50 Billion Dollar Bailou
These bailouts are out of hand it needs to stop.
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November 14th, 2008, 12:54 PM #3
Re: More Doom: Philadelphia, Phoenix, Atlanta, Detroit Need $50 Billion Dollar Bailou
Rewarding failure.....what a concept ????
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November 14th, 2008, 01:40 PM #4
Re: More Doom: Philadelphia, Phoenix, Atlanta, Detroit Need $50 Billion Dollar Bailou
Maybe NJ will buy Philadelphia and we can be rid of it for good.
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