How much do you owe government workers? In cities like St. Paul and Oakland, local governments are using tax surcharges and special levies to finance broken pension systems (Oakland’s went bust in the 1970s.) Author suggests home buyers consider asking real estate agents, “Just how much would I owe your government workers?” before buying. That’s gonna really help the housing market in states like California and Illinois.

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CO2Insanity May 10, 2012 at 10:11 am

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Who’d want to live in Oakland anyway, it’s a pit.

flashingscotsman May 10, 2012 at 2:31 pm

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Been to Oakland. Don’t want to go back.

Notsosilent May 10, 2012 at 4:55 pm

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Worked their for a while, The only recommendation I would make is if we resume above ground nuclear tests Oakland/Berkeley should be ground zero….The crime rate in California would drop by 75 percent and the collective I.Q. Would rise by over 100 points.

CO2Insanity May 10, 2012 at 9:44 pm

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I was born there. Not the same anymore.

jukin May 10, 2012 at 12:29 pm

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Move all the PEUs to the social security system. Have Uncle Sugar just nationalize all of those pension funds. Goose gander.

danybhoy May 10, 2012 at 9:42 pm

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I guess we owe them what AFSCME says we owe, & that’s the way they like it.

jukin May 11, 2012 at 7:06 am

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I can give the greedy public employees my share at about 19 cents one at a time.

EXFED4 May 11, 2012 at 10:16 am

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It might be helpful to remember that the real fault lies with the unions and the enabling state/local leaders – not the individual employees – although there seems to be no shortage of otherwise unemployable losers in the ranks.

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