Name:   MAJ USA RET - Subject:   CRACKS GROWING IN THE COMMON BOWL Date:   8/6/2013 8:20:52 AM

“Across the nation, cities and states are watching Detroit's largest-ever municipal bankruptcy filing with great trepidation. Years of underfunded retirement promises to public sector workers, which helped lay Detroit low, could plunge them into a similar and terrifying financial hole.” [CNBC, 05AUG13]

This is EXACTLY the path that caused Greece’s economic crisis (and rioting).