“The 61 largest U.S. cities in 2009 were in the hole by about $118 billion to retirees’ health insurance obligations. They now think they have a way out: default on these obligations and force retirees into ObamaCare. This gets the obligations off their backs and onto the backs of the federal government. This is what Detroit is doing. Other cities’ officials are impressed. But Detroit is declaring bankruptcy. How can the other cities get out from under without declaring bankruptcy?”
Cities’ Strategy in Health Insurance for Retirees: “Dump Them Into ObamaCare!”
- Post author:The Freedom Watch Staff
- Post published:July 30, 2013
- Post category:Network Archives
Tags: Alternative News, Bankocracy, Big Lie, CLibertyC, constitutional liberty coalition, Dr. Government, economic Trends, Economics, for life and liberty, Land Of The Flea, Middle Class Dismissed, Perverse Incentives, Resistance, sound money, statism, The Freedom Watch, Welfare-Warfare State
The Freedom Watch Staff
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