"Towns That Will Be Hit Hardest by Financial Crisis"
One upbeat view and one possible bit of good news

More bad news (to come)

Public pensions, public pensions, public pensions. I've posted on this before, but after the current mess is cleaned up, we should really focus on this.

Here's a website I just learned of that seems useful: Pension Watch.

Here's a GAO report.

The Rockford Registar Star reports on a state with a very bad seeming pension problem. Guess the state, and guess which political party is currently running it.

But don't get cocky, conservatives! Here's a report about Texas, with a current multiplier of 2.3 percent per year--North Carolina's is 1.82--and what is alleged to be ten consecutive years of underfunding.

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