Posted on 11/20/2016 7:17:21 PM PST by SeekAndFind
It’s kinda fun to watch those who consistently vote for democrats get destroyed by the policies they so much want...
Pay them in Pesos, Bullet Train vouchers and Carbon Tax Credits.
Put extremely simply: If the person who promised you those benefits didn’t pay for them, you’d best go look them up and ask them where they are.
Otherwise, the city council today could pass a budget which would outline every penny of spending for the next 200 years and tie the hands of every future city council. As that is obviously silly, no one could possibly tie a future budget, the SAME GOES FOR PROMISED BENEFITS.
Any city council, at their whim and as PART OF THEIR JOB can discontinue any and all benefits. And until city councils walk in with that attitude, any ‘negotiations’ will simply be how much of the union can embezzle from public funds.
I’ve always advocated for every city to stop offering any benefits at all; pay city employees a flat hourly wage where they can buy their own health insurance, surrender wages to have as many days of free time as they please, pay taxes, etc. Act like the sovereign entity you are.
Force a sale of most of the city owned properties—leave a few parks to set up tents for the city managers to have a place to do what they do.
Maybe Trump will bail them out. Bwahahahahahaha...
Pay them in Pesos, Bullet Train vouchers and Carbon Tax Credits.
Lets move that Secession movement along...
Of course, all this will mean is that Moonbeam Brown, the chief DemocRAT of them all, will impose upon us taxpayers, a major bailout.
They were counting on Hillary to do that. Nope, not gonna happen
I suppose they will expect a bail out.
Basically lawmakers who approve sweetheart deals are no longer in office by the time its apparent they won’t deliver as promised.
Such sweetheart deals have no real money behind them - its just an IOU with a promise of future funding. Good luck with it when it doesn’t materialize.
We have lots of unfunded pension plans around the country and one way or another, taxpayers are ultimately on the hook for them.
What do they want for nothing, a rubber biscuit?
....and no more federal funding.
Good luck with that
Well, take a look at California’s first city to go bankrupt, Vallejo.
They didn’t include the cops and the fire fighters, which account for about 80% of the city’s direct budget, they didn’t deal with CALPERS, so they will go into bankruptcy again. And if you look at Stockton, CA (the other large municipal bankruptcy) the morons there also ignored the judge’s allowance to abrogate their union contracts, so they will go back in as well.
Folks, this is going to be happening all over the country. It isn’t just California, it’s everywhere. This nonsense about “public safety employees” getting to retire at 50 is going to hasten our demise. Our local fire district has had two chiefs retire in close succession ( one replaced the other then left a year later). They are retiring at more than they were paid! With fully paid healthcare these 50 year-olds and their wives can expect to live until they are at least 80. You do the math when they are getting $250,000 a year plus benefits. And the rank and file union FF’s do almost as well.
“We have lots of unfunded pension plans around the country and one way or another, taxpayers are ultimately on the hook for them.”
I disagree. Here in CA the judge has already told two cities that they could abrogate their union contracts in Chapter 9. The fact that their leaders chose not to do it (this time) doesn’t mean that it won’t happen in the future, These PE pensions are unsustainable. When the people finally have had enough (like they have shown by electing Donald Trump), these pensions will be given serious haircuts. I mean when they do, some retired cop or fire fighter is going to have to sell his ski boat or his cabin, poor baby!
Why would they get more AFTER retiring than they earned while working?
.
LA is also a sanctuary city...let them beg
We may need an amendment that no pensions be guaranteed by the government; that was how it worked for quite a while.
This is how debt and our unbacked, fiat currency fund the progressive nanny state.
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