Skip to main content

View Diary: GOP outplaying its Wisconsin hand (384 comments)

Comment Preferences

  •  The chances that the private sector (0+ / 0-)

    are going to adopt the benefits of the public sector are remote, improbable at best. You tell me why a retired County Sheriff is worth 200 grand for life after spending 30 years on the job. That job in the private sector does not include a gaurantee for life of 200 grand plus health benefits. You say I am envious. You are right. While I have to keep working until I reach 67 to get a measly 2-3 grand a month for SS, many of my friends are padding their income with overtime, getting idiotic certificates to get more pay as firemen and looking at retiring with 80 to 120 grand a year for friggin life! All the time, I pay upwards of 20-30 grand a year minimum in state and local taxes so my neighbor can become the world's best bondfisherman by age 57. Sorry, I am as liberal as you get but these contracts are a joke. Public sector jobs were not supposed to be this lucrative, that is why most of us boomers did not take them. But somewhere in the 90s, they got really good and the shit is hitting the fan about these contracts. I realize some of the workers in WI gave some dough back but the state is hurting and when that happens, its hard to sympathize with folks that have such sweet deals.

    Do facts matter anymore?

    by Sinan on Wed Jun 06, 2012 at 07:10:21 AM PDT

    [ Parent ]

    •  Yup (0+ / 0-)

      I also am as liberal as they come and I am outraged by the guaranteed and overly generous packages that some public employees are currently receiving.

      The packages promised to public employees in CA is one of the principal fiscal problems and needs to be addressed before it bankrupts the state permanently.

      •  Exactly (0+ / 0-)

        In live in Santa Barbara area and believe me, the retirement packages are insane. Jim Thomas retired as County Sheriff with 200 grand a year for life. Then he went back and got another pension doing some other job to get another pension plus the county hires him as a consultant. Its insane.

        Most city and county firemen make close to 100 grand a year. Upon retirement, we are talking 70-90 grand a year for life! This is insane. That job is not that important. At most we get one or two house fires a month in Santa Barbara and Goleta. The forest fires are national lands, they are handled by the hot shots and Forest Services. Why exactly do we need this many stations and this many firemen? To chase ambulances? Wheel old people out of retirement homes on gurneys? Don't get me started...

        Do facts matter anymore?

        by Sinan on Wed Jun 06, 2012 at 08:15:31 AM PDT

        [ Parent ]

        •  Same is true in San Jose (0+ / 0-)

          there is a retired police office serving in a political position and "double-dipping" as they say.

          When confronted, he just says "it's legal".

          Yeah, well let's do something to make it illegal and reform the pension system.

          Democrats who don't understand that this is an issue that desperately needs to be resolved are missing the big picture.

          •  Yep. (1+ / 0-)
            Recommended by:
            According to Fish

            The problem is that these contracts were awarded back when the stock market looked like a perpetual wealth creation device. They actually believed that it would just go up forever making these funds holding pension dollars worth more and more over time. Then, they locked into a gauranteed benefit scheme with zero risk for the pensioners, unlimited risk for the tax payer. This is where they got sideways and the unions should have known better. Killing the goose that lays the egg is not a good long term prospect. In this regard, unions are guilty of the same thing as upper management...greed.

            Do facts matter anymore?

            by Sinan on Wed Jun 06, 2012 at 10:11:46 AM PDT

            [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site