Three of Walker's minions can make a decision to gamble $3.5 billion of Alaska's money.  Insane.  Absolutely insane.

Instead of covering the pension liability amount, the prudent move would be to not pay it.  State pensions are based on union corruption of the past.  Promises were made that we can't keep.  So we shouldn't be financing corrupt pension amounts.  When the stock market dives the private sector loses retirement value.  When the price of oil drops, pensions of state employees should drop.  We shouldn't be financing promises that the state was duped into making by union leaders.