Member since Jul 30, 2011



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Re: “Atlanta City Council OKs pension overhaul. Now comes the budget

You have a $1.5 BILLION dollar liability and you naively believe this plan solves your problem? I have some land just off the coast to sell Atlanta. Your pension liability is 3 times your total budget. The market will continue dropping over the next 20 years as the huge baby boomer generation continues to draw down their investments (including the retiring government pension plans drawing down the market). You will never realize the market growth your plan depends on to meet your obligations. CITIZENS, plan to get out of the city sooner than later.

Posted by BigBoy1111 on 07/30/2011 at 6:49 PM

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