Retirees vs. Demagogue
07/15/2014 9:07 AM
07/14/2014 9:02 AM
Re "Stockton bankruptcy judge seeks final answer on pension status" (Capitol & California, July 14): If the bankruptcy judge is seeking a final answer about whether or not to cut pensions in order to secure a settlement with a final debtor, he only needs to ask the question of which debtor is truly prepared to handle the cut. Maybe Franklin Templeton should reach out to Secretary of Treasury Jack Lew to propose legislation to Congress that will bail them out of their current financial crisis. Does not the Emergency Economic Stabilization Act of 2008 apply to Franklin Templeton?
The retired employees of the city of Stockton have worked hard for many years and reserve the right to a pension. If Judge Christopher Klein makes cuts to the current pensions, than I think that Californians ought to oust the real problem and begin a recall effort to get rid of Klein.
-- Anthony Andrew Murillo, Lathrop
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