It’s taken a while, but mainstream publications are finally coming to terms with the severity of the public pension crisis. After Detroit declared bankruptcy last month, the NYT noted that Chicago could be next in line. Now Salon is weighing in with an even more expansive warning that Detroit’s and Stockton’s attempts to discharge their pension obligations in bankruptcy may tempt other states and cities with similar public pension woes:
In Meade’s world, Salon is a “mainstream publication.”
In fact, Salon is a hard left-wing creation of hard left-wing former SF Chron editor David Talbot, and has been a hard left propaganda rag from day one. It has stayed alive soley as a leftist propaganda factory funded by left-wing moneybags John Warnock and William Hambrecht.
This is one reason I don’t pay a lot of attention to Meade’s musings. He operates from a world in which Salon-style leftism is “mainstream.”