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To: DoughtyOne

These deals are so patently unfair to taxpayers that we’re gonna have to go through a nearly universal wave of planned bankruptcies to free our municipalities and states of them.


8 posted on 02/03/2018 2:15:34 PM PST by 9YearLurker
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To: 9YearLurker

The way to correct it is to change your policies for new hires.

Get them to sign an agreement spelling out exactly what the new compensation package will be.

If the union won’t buy in, then look for a way to privatize the work force.

Contract in another entity. Current employees could opt in for the lower salary, or they could be replaced.


11 posted on 02/03/2018 2:26:43 PM PST by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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To: 9YearLurker

Your correct. There will be a stampede of cities asking for bailouts.


14 posted on 02/03/2018 2:29:46 PM PST by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: 9YearLurker
I have worked for a non profit Catholic hospital for almost 40 yrs...we have no defined pension..we have no medical at retirement and you can't take your sick leave with you....

we have a union, but its weak...nurses can start out relatively good wages but it just goes no where....

35 posted on 02/03/2018 4:07:03 PM PST by cherry
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