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This guy is saying we are talking $2 trillion just in the pensions alone. reporter: it s been a big, big story. we followed the money almost nightly. we had a graph i can about a pension bomb, a bomb overhanging the economy ready to explode. $2 trillion. we heard estimates up to $3 trillion. the piece you are referring to, meredith whitney said there could be between 50-100 high 4 profile municipal defaults due to pension obligations going forward, towns, municipalities, and states owe employees. mr. kramer used to work for or continues to work for the democratic party, also oversees some investment in new jersey. he says they may have to sell assets, sell a school, sell a ....