NY TIMES – Editorial
Gov. Cuomo and Public Pensions Published: June 9, 2011
RESPONSE FROM ARTHUR CHELIOTES
The inconsistency between the editorial supporting the governor’s new pension proposal makes readers wonder if the editorial board has read The NY Times Business Section Investigative reporters who have done wonderful work exposing the massive fraud committed against pension funds including the state and city pension funds. If they had, they would know that the reason for the increase costs was due in large part to the 2008 crash. They would also know that the state and local budget crisis was due revenue reductions not
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