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Tick tock

May 19, 2012
Cape Coral Daily Breeze

To the editor:

Cape Coral meets its General Motors moment. As a recent new resident of the city the pension funding issues for public employees seems to be an issue needing immediate rectification.

There is an article in this weekend's (May 12-13)WSJ opinion page you all should read.

In a nut shell it alludes to bankruptcy by a city unable to pay its pension fund obligations.

It behooves the parties involved to take a look at General Motors and understand it can and will happen to Cape Coral unless you decide to Govern as well as negotiate responsibly.

The clocks ticking.

Robert Wang

Cape Coral

 
 
 

 

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