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Veteran Advisor

Remember Obama, GM , and the unions?

http://money.msn.com/business-news/article.aspx?feed=AP&date=20130401&id=16298077

 

Good case to watch to see what happens when a city cannot pay its obligations and has been putting lavish amounts into pension plans , while broke, to fund the retirement plans of the workers.

 

Shades of GM and the autoworkers.