Getting raped by local, state and fed. govts.

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In a nutshell this is why I rail against the salaries and ridiculous pension plans of the govt. workers (your rip off neighbors) I've got a couple, they need to come back to EARTH.   Nothing made up ever.  From a radio show in a nutshell.

":"How's this for an investment?" As a public union state employee, "you pay a total of $124,000 into your pension plan," over your work life, "and, upon retiring at age 49, you receive $3.3 million in pension payments and $500,000 in health care benefits. You receive $3.8 million in total on a $124,000 investment.  Or this:  You pay a total of $62,000 towards a pension plan and absolutely nothing for health care (medical, dental and vision coverage) over your working career. Upon retirement, you are paid $1.4 million in pension and $215,000 in health care benefits. You receive $1.6 million on a $62,000 investment.  These are real world examples from New Jersey's crushing public sector union retirement plans paid for by the state's taxpayers. Republican Governor Chris Christie is demanding drastic actions to prevent New Jersey from falling off the precipice and into full-fledged bankruptcy."

When I see stories like this, and I've always known the Democrats are inexorably tied to public employee unions and so forth, even I, the all-knowing, all-caring, all-feeling, all understanding Maha Rushie, was still shocked to learn just how deeply in bed the entire public employee union segment is with the Democrat Party and what it's really all about.  I've never had any doubts about why unions unilaterally support Democrats.  I just had no idea the extent to which they had been purchased.  I mean, I had no idea that this kind of stuff actually happened.  It is this kind of information, folks, that is going to trigger an uprising demanding elected officials rein in tax dollars propping up this kind of crap.  I mean this is just unsupportable, it's unsustainable.  And this is what the Democrats have done, and it's not just New Jersey, it's California, any number of places, and it's killing these states.  There are seven states that are facing true financial hardships, and Florida is one of them, California is another, New Jersey is big. 

They have these obligations that they're not going to be able to meet, especially with the unemployment numbers that exist in all of these states.  And the stimulus money, this is what the stimulus money was for, was to keep this kind of thing going.  That's why all these pictures of crumbling schools, they're still crumbling, all the unemployment keeps going up, the stimulus slush fund was supposed to have shovel-ready jobs, that's not what it is about, it was and is a flush fund and the majority of it's going to be spent this year on just this kind of stuff, making sure that these public employee unions in the states, teachers, whatever they are, don't get laid off and don't get fired or what have you.  And it is breaking the bank.  Now, this is the kind of stuff that ought to be in stump features for all Republicans running in 2010, as long as this exists.  It's indefensible.  This is tipping point kind of stuff."

This is what the stimulus monies are being used for,  to support these absurd rip off govt. employee pension plans!!!!!!!!!!!!!!

Entry #246

Comments

Avatar jarasan -
#1
Better than the lottery.
Avatar LadyMylena -
#2
Oh but Obama says the stimulus SAVED US from the brink. He kept the recession from turning into a "depression", and he patted himself on the back again this week. lol

Our state is suffering, too, even though we are not listed as one of the top ones. We are in the "air capital", and we are sunk. There was just an article in our paper about us on the road to being the next DETROIT! My husband and thousands of fellow employees were laid off a YEAR ago. The aircraft companies got NO bailouts. Odumbo was invited to come to Wichita to tour the suffering aircraft facilities, and he did NOT. We just all got the rug pulled out from under us. A good portion of it was due to O's BIG MOUTH, when he insulted business jets, and let's just say things sunk from there. The best, highest paying jobs in the region are mostly gone now, with absolutely NO HOPE of EVER coming back. That SOB deserves to live in a cardboard BOX for destroying our lives. We finally saw a light at the end of the tunnel, we finally got somewhere in our lives, and O and his corrupt administration extinguished that light. Where we go from here, nobody knows. I know it's not getting any better, despite what anyone tries to tell us.
:-(

I hope I win the lottery soon.....maybe I'll have a little better outlook. lol

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