Friday, March 25 2011

“Please explain to me how the San Diego pension system differs from Bernard Madoff’s Ponzi scheme. It seems that the purpose of (SD’s DROP) is to pretend that we can balance the budget now with future promises. At least that will give the lawyers something to argue in court when we can’t keep those promises.”

— Hillcrester Roy Dahl in yesterday’s letters to the U-T editor

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