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pay these outrageous pensions for retired greek government wo workers? >> what about here? if we're looking into the future of greece, is that the u.s. down the road? >> well, it's arrived in america already at the state level. california, new jersey, new york are essentially insolvent in part because of the lavish benefits given to retired state workers. >> and you look at the backlash that republican governor chris christie is getting in new jersey. he's trying to be the new sheriff in town, trying to say, look at these jackpot deals that the pensioners in the teachers union and the police and fire and everybody else, we got to pull it back. and the unions are really pushing back. >> that's going to be the headline of the future. what will unions do when -- municipal workers union, what are they going to do when faced with serious cuts? either layoffs or reducing in their pensions and benefits. i'll tell you what they're going to do, they'll go to the federal government for a bailout. >> i'll tell you what they're

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