I can't believe I didn't see this article when it first came out:
http://redtape.msnbc.com/2010/11/the-secret-sauce-behind-bloated-state-pensions.html#posts
Anyone who wants to defend pensions for public employees needs to click on the link above. Remember: government unions tend to have major pull with legislatures, because in some cities, the union machine puts a candidate ahead by 20% to 30% immediately. That's what happens when only about 50 to 60% of eligible voters show up on election days.
I feel sorry for New Jersey taxpayers and wish Governor Christopher Christie well.
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