We absolutely need a pension bail out and only the federal government must step up with the perfect solution. Here is how. Immediately tax all excessive public pensions (you pick a number) with a federal excise tax. Find out whatever jurisdiction is responsible for funding such outrageous pension and grant the money back to current officials. Empower them to spend this money in any way they want. Presto. Bypass the local and state politico/employee sweetheart deals. Allow them to pass whatever they want in pensions then take it back. Only the feds have the power to collect such an excise tax. This would result in perfect symmetry. Tax those who receive the benefit. The good people of Bell have provided a case study of why this is absolutely essential. Tax the rich!

The beauty of politics is that you can throw the bums out. A preemptive strike against this pseudo Republican is very lovely indeed.