Journalist David Dayen, explains how Illinois and other states are breaking contracts with workers and slashing pensions, why workers won’t be protected by Social Security, how large are the cuts workers are facing, why public sector workers are demonized, why public pensions funds are financially safer and more politically active, how the Murray Ryan budget deal slashes federal workers pensions, why federal workers are paying the price for small reversals in sequestration and why we are almost at the Ryan far right budget.

On The Better Half: Teen kills four people and gets away with it because he is rich, Megyn Kelly freaks out “Jesus and Santa are white!” and your calls and IMs.

And keep the conversation going on our morning thread

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