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1 posted on 03/08/2011 7:57:05 AM PST by Poundstone
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To: Poundstone

Interesting. This article is focused on the longstanding problem of state retirees’ pension underfunding, although the first quote is from a citizen who confuses pensions of state and federal retirees. The two types of pensions couldn’t be more different. Unlike state pensions, federal pensions are fundable by the federal government — which, if necessary, can fulfill its obligations by simply printing more money. States can’t do that; they either have to raise taxes or cut spending in other areas to satisfy their obligations.

It’s an important distinction with real ramifications.


2 posted on 03/08/2011 7:59:54 AM PST by Poundstone (A recent Federal retiree and proud of it!)
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To: Poundstone

I can’t imagine why anyone would have taken a govt job 10 years ago when they could have had steady work at the Harley plant

My how times have changed


3 posted on 03/08/2011 8:00:15 AM PST by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: Poundstone
"Pension Envy." So nice a term. Where does it come from? From the a union biggie:
Hetty Rosenstein, the NJ director of the Communications Workers of America, which represents New Jersey government workers says gripes about her members' pensions are misplaced.

"There's pension envy because people who are working in the private sector, they're being denied pensions," she said.

We make our own pensions, dear Hetty, if we can, from the meager scraps we have left AFTER PAYING YOURS. That's not exactly "envy" now is it?

Not at all! It is OUTRAGE.

6 posted on 03/08/2011 8:05:27 AM PST by bvw
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To: Poundstone

If you think these pensions are bad you should know what the ‘poor’ receive each month. One person whose grandaughter lives with her gets $2,000 a MONTH government check, another gets a ‘crazy check’ from the government because he can’t behave in class.

It makes me want to puke!

There is no telling what the taxpayers are paying for because the politicians aren’t being honest about it!

It’s time to crack down on ALL of the corruption and GOVERNMENT CHECKS to people who are just gaming the system (some for generations)!


7 posted on 03/08/2011 8:06:14 AM PST by kcvl
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To: Poundstone

Here’s fun fact to know and tell: The president of US is the higest paid federal employee.

Who comes in second? And what is the amount of his/her annual salary?


8 posted on 03/08/2011 8:07:17 AM PST by RexBeach (There is no such thing as a good tax.- Winston Churchill)
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To: Poundstone

Going to get heat on this but you can’t count on anyone for a pension,we are on our own.Some manage to win some don’t a plan is all we have to work with.


14 posted on 03/08/2011 8:47:23 AM PST by Vaduz
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To: Poundstone

as unflattering a trait as envy is, the GOP had better start getting a whole lot louder on this point if they expect to win on this issue.


16 posted on 03/08/2011 9:08:33 AM PST by Buckeye McFrog
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To: Poundstone

I have no problem with collective bargaining providing it’s not on the back of the tax-payer. Only assholes would insist otherwise.


18 posted on 03/08/2011 9:56:40 AM PST by Gene Eric (*** Jesus ***)
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To: Poundstone
Late at night, when your’re sleepin’, pension envy comes a creepin’.
27 posted on 03/08/2011 11:24:29 AM PST by JPG (May the WI GOP stay united and strong.)
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To: Poundstone

Bartender? Sounds like she’s just blaming everybody else for the fact that she failed to learn the skills to get a better job.


28 posted on 03/08/2011 11:35:15 AM PST by cycleoflife
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To: Poundstone

Leftists are nothing but a bunch of spoiled worthless brats who don’t even do their jobs well. They insult the very people who pay their salaries.

If these Wisconsin thugs get their way one last time then America is destroyed forever. We let them shove us around for too long.


31 posted on 03/08/2011 12:28:19 PM PST by Soothesayer (smallpox is not a person)
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To: Poundstone

bttt


38 posted on 03/08/2011 7:53:11 PM PST by GOPJ (http://hisz.rsoe.hu/alertmap/index2.php - It's only uncivil when someone on the right does it.- Laz)
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