(Blog Post) Hungary, Poland, and three other nations take over citizens' pension money to make up government budget shortfalls. Full Story »
Posted by Jon Mitchell - via Memeorandum, Christian Science Monitor, David Fox (f), Beverli Williams (f)
Informative blog post full of links to examples of how different European countries are handling budget shortfalls and over-promising of pensions.
The state theft of pensions in Europe is an interesting counterpoint to corporate theft of pensions in the US, and perhaps a good warning of what to protect against in the United States as fiscal radicals look for targets to pillage.
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