The last police chief of broke Stockton, CA, was in the job for 8 months, and then retired at age 52 with an annual pension of $204,000. Government officials looting the people with greedy pensions is not the only reason cities are going bankrupt, but these payments ought to be repudiated just the same. After all, the public being looted for the public servants never agreed to the plunder. It was imposed on them by the gang called government. It may also matter that the average tax-eater grabs, on average, more than twice what the average taxpayer earns. (Thanks to Robert Hiett)

The Best of Llewellyn H. Rockwell, Jr.