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Subject:  Re: Proposal to end public pensions Date:  7/11/2013  10:10 AM
Author:  jgc123 Number:  428467 of 536530

JLC: "You could leave the money in cash, CDs, bonds, t-bills. Long term, being 100% fixed income might not be the brightest idea, but it is an option."

Except that cash returns roughly zero % now because of the bailout of Wall Street, CDs have returns of roughly zero and less than zero long term when accounting for inflation because of the effects of the bailout of Wall Street and even bonds (too many complexities to put into this post).....

I agree with much of the rest of your post as evidenced by my reply to the other poster who already pointed out the problem with my post last night.
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