re: #348 Dark_Falcon

The cancellation of bonus packages for firms that had to be bailed out is one thing. ‘Pay caps’ in my mind mean capping compensation for a given position by law, and that is a different thing.

We may actually not have a serious disagreement, just different definitions.

Yet what are you suggesting but the idea that these pensions are simply too large and so, by law, the state of Michigan should have the power to raid them to cover the city’s debts?

The same Wall Street pricks who fucked over the country and then got paid for doing so are the ones holding Detroit’s debts. Many of those pensioners you think fucked over the city? Yeah, they already got fucked over by the same Wall Street pricks, whether it was loss of property value, lost investments, or foreclosed homes. And now you’re declaring that, as the final insult, they should be stabbed in the back while declaring that it’s for their own good.