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But those companies, which have almost $1 trillion of debt, have been allowed to maintain investment-grade ratings by Moody’s Investors Service and S&P Global Ratings. A $10,000 GE bond would pay $336 in interest, $51 more than a comparable CD. GE’s interest rate is about ½% higher than an FDIC insured CD – not a risk I’m willing to take for a couple Wendy’s burgers. The state’s officially-reported pension debt sits at $130 billion, while Moody’s Investors Service lists the state’s unfunded pension liability at $250 billion.

-----------------------------------------------------The corrupt establishment will do anything to suppress sites like the Burning Platform from revealing the truth. The corporate media does this by demonetizing sites like mine by blackballing the site from advertising revenue. If you get value from this site, please keep it running with a donation. [Jim Quinn - PO Box 1520 Kulpsville, PA 19443] or Paypal

Speaks Out! So your're telling us that this type of timber doesn't burn like that? " NO, You know, oak that is 800 years old doesn't burn like that… .You would need a lot of kindling to succeed."

-----------------------------------------------------The corrupt establishment will do anything to suppress sites like the Burning Platform from revealing the truth. The corporate media does this by demonetizing sites like mine by blackballing the site from advertising revenue. If you get value from this site, please keep it running with a donation. [Jim Quinn - PO Box 1520 Kulpsville, PA 19443] or Paypal