Any bailout, of course, presents a moral hazard, but there are particular reasons why public pension bailouts would create unacceptably perverse incentives.

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If the trucks go off their set course, the horn sounds, hazard lights are activated and eventually, the truck will come to a standstill.

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Fortunately, the namesake three private lakes don't present too much of a water hazard on this USGA-rated 18-hole course.

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