Here’s Some Frightening Honesty (Courtesy Of The US Congress)
by Tyler Durden
ZeroHedge.com
01/31/2015
Quietly, and with essentially no coverage from the mainstream media, an obscure resolution (No. 41) was introduced in the US House of Representatives this week. The entire point of the resolution (The Federal Government should not bail out State and local government employee pension plans or other plans that provide post-employment benefits to State and local government retirees) is to say that the federal government is broke. It can’t pay its own bills, and therefore is shouldn’t be responsible to pay anyone else’s either. This Resolution is a pretty scary dose of honesty.
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