Smoke Em if You Got Em, Connecticut
Unsustainable Pension Obligations + Mass Exodus (Aetna OUT, General Electric OUT) + Massive Municipal debt + Busted Hedge Funds and Corresponding Loss of Tax Revenue + Increased Taxes = a total sh*tshow of a situation in Connecticut. Meanwhile, Hartford hangs on by a thread. Now, the budget-less state seeks to impose new sales taxes and cigarette taxes to close the gap. Nothing like a tax on those who can least afford it. Also, short Altria and Philip Morris.