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To: plsjr

Anyone in the military, even from MY era, knows that simple truth.

NO field-grade officer or higher (or senior NCO for that matter) is going to do anything to jeopardize that pension - the Holy Grail of military service.

It’s the same as a Congresscritter: as long as they are guaranteed their taxpayer-funded pension, their taxpayer-funded health care, and their dacha by the lake - just like their Soviet counterparts of another era.


7 posted on 07/21/2013 3:19:13 PM PDT by Old Sarge (My "KMA List" is growing daily...)
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To: Old Sarge

But, Sarge,...there isn’t going to be any money left for pensions. The present regime is using it to keep the government going.

From Ann’s blog:

3) All of the FEDGOV pension money is totally being raided. I picked up on a Market-Ticker.org thread that the way the FEDGOV is keeping from “hitting the debt ceiling” is by raiding the TSP accounts, which stand for “Thrift Savings Accounts”. Those are all of the retirement accounts of government employees, basically government 401ks. Yeah. The Obama regime raids the TSP accounts, leaves an I.O.U., and it washes out on the balance sheet since it is all “gubmint”, and thus the “debt ceiling” is not breached.

*****************************************

This isn’t just for Federal government employees, either.

Public employees in general are being paid pensions from tax revenue generated by the local citizenry.

So what happens when the local citizens have earnings far below the pensions paid to city, county, or state pensioners, and a large number of citizens are either unemployed or on the dole?

Can you say, “Hello, Detroit!”


8 posted on 07/21/2013 4:00:44 PM PDT by SatinDoll (NATURAL BORN CITIZEN: BORN IN THE USA OFCITIZEN PARENTS)
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