And the Revolution will be led by...Retired State Employees and Burned Municipal Bond Holders?

Quietly and behind the scenes (until now), Republicans have been floating bills to allow states to go bankrupt so they can renege on public employee pensions and municipal bond obligations. Please read the New York Times article  (and others) below. Make sure to read the comments from angry retired public employees!:

• http://www.nytimes.com/2011/01/21/business/economy/21bankruptcy.html
• http://www.politico.com/news/stories/0111/48291.html
• http://www.reuters.com/article/idUSTRE70O66220110125
• http://www.weeklystandard.com/articles/give-states-way-go-bankrupt_518378.htm