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Re: Eight Eagles post# 125

Sunday, 07/29/2007 2:29:54 PM

Sunday, July 29, 2007 2:29:54 PM

Post# of 175
"I am becoming very concerned that a economic "Perfect Storm" may be brewing here for us in the United States."

Ditto

And add this kind of story to the mix
This in yesterdays San Diego Paper

"Public agencies in California are facing an estimated $63 billion shortfall in pension obligations, according to a study released by the commission this month.

Meanwhile, the state's liability for retiree medical benefits – that is, the amount of money they'll need to pay for current retirees and current employees when they retire – is estimated at between $40 billion and $70 billion."

http://www.signonsandiego.com/uniontrib/20070728/news_1n28benefits.html

All the best

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