Posted on 12/20/2010 12:55:08 PM PST by Libloather
To politicians it is.
I knew that the average Democrat municipal office holder was severely math challenged. But WOW!
Want to buy a Bridge?
Want to buy a Bridge?
CA and its cities spent billions on wealth transfer, education and healthcare for criminal illegal immigrants, and mondo expensive pensions, WHEN THEY KNEW THAT THEY DIDN’T HAVE THE MONEY!!!!!!
It was all in the plan to raises taxes, get a Federal bailout and move to a Marxist system out of Washington.
The only place they will go would be with large fees on everyone’s property taxes to pay these lottery sized benefits.
Unions payed about 150 million to elect Brown.
“$4.4 billion - $9.7 million “
See what happens when colleges admit the totally unqualified?
They did it with congress, they did it with the Obamaloon.
> it expected the city to pay $4.4 billion to provide municipal retirees and their dependents with lifetime health benefits.
>The city has set aside $9.7 million to cover the costs.
the city’s controller, said that the situation would be worse if the city had not enacted changes......
How could it be worse? What is the difference in the order of magnitude of impossible tasks?
Is it harder to lift a 2,000 pound stone or a 5,000 pound stone with your bare hands?
Two Tenths of one percent!
That'll help.
I'll bet that $9 million isn't in cash, either. Probably some “full faith and credit” IOU.
This type of “management” should be a crime with those responsible breaking big rocks into little ones. Instead, this is a game of the greater fool with the city expecting the state to bail them out and the state expecting the Federal government to do the same.
“(San Francisco has set aside $9.7 million to cover costs)”
That would probably cover the costs of pain killers and euthanasia.
Their 9.7 million dollars won’t even cover a years supply of condoms and drugs needed to keep their welfare cases alive and humping each other.
Just send all non-public employee city residents a bill for their share. They vote for this crap, let them pay for it.
Talk about fuzzy math....
Well damn... and the tax payers pick up the remaining?
Last time I visited San Fran (summer 2006)... my hotel bill was loaded with tons of taxes / fees... now I know where it went.
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