TIP: Click on subject to list as thread! ANSI
echo: barktopus
to: Rich Gauszka
from: Phil Payne
date: 2006-09-25 19:10:12
subject: Re: New pension rules could bankrupt local governments?

From: "Phil Payne" 

> Last month, JP Morgan released what it considers the most comprehensive
> preliminary estimate. It projects the present value of unfunded healthcare
> and other nonpension benefits at between $600 billion and $1.3 trillion.

And with about that much already pissed into the sand in Iraq.

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