worker, you get your pension fund what you and your employer puts in. no more grandiose promises like california the system out there under their assumptions the dow would be at 35,000 today. people on existing plans, cap it put them in 401(k) s curb the politicians, pensions that are sound, taxpayers will like it and pensioners will like it because they will have something at the end of the day instead of promises. in michigan they say it could save them 400 million dollars over 10 years, that sounds good. david, let me open with a joke. a ceo, a union representative and a tea party activist sit down in front of a dozen doesn t cookies. the ceo takes 11 and says to the tea party activist look out that guy wants some of your cookies. it is even better with and development banker, but the truth is, what s funny here the truth is 30 years ago,