The pensions need to be reduced. Labor Unions cut too many sweetheart deals.
Incompetent politicians stood by and watched. Now the weight of it is dragging everything under.
Tell the Unions they have to accept a 20% pension payment cut.
If they don't like that...there is a second option.
The City declares bankruptcy and the pension people get nothing.
A 20% cut in pensions would help Los Angeles out of the financial hole it is currently in.
