You Wonder Why We (Collective) Are Going Broke?

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anygunanywhere
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You Wonder Why We (Collective) Are Going Broke?

Post by anygunanywhere »

ALAMEDA COUNTY ADMINISTRATOR TO EARN $423,664.00/YEAR FOR LIFE.


http://blog.sfgate.com/matierandross/20 ... ps-in-pay/

Unbelievable. Not really if you think about it.

Anygunanywhere
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K.Mooneyham
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Re: You Wonder Why We (Collective) Are Going Broke?

Post by K.Mooneyham »

I saw that earlier. The system is broken just about everywhere, but its a special kind of broken out in California. :grumble
chasfm11
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Re: You Wonder Why We (Collective) Are Going Broke?

Post by chasfm11 »

And when CA or their cities go broke, they are going to want a Federal bailout so that the rest of get to pay for their stupidity. This is right up there with the most stupid things that I have heard of out of local government. If there are enough of them, we'll get to be just like Cypress.
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sunny beach
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Re: You Wonder Why We (Collective) Are Going Broke?

Post by sunny beach »

Maybe the French Revolution had a few good ideas after all.
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The Annoyed Man
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Re: You Wonder Why We (Collective) Are Going Broke?

Post by The Annoyed Man »

sunny beach wrote:Maybe the French Revolution had a few good ideas after all.
Which idea? The "let them eat cake," or the giant tomato slicer?
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

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gthaustex
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Re: You Wonder Why We (Collective) Are Going Broke?

Post by gthaustex »

I don't think many on this board wonder why at all. We pretty much have it figured out. There just isn't an easy (and legal) way to fix it other than voting out all of the vote buyers, which never seems to happen. It is always the other guys that need to be kicked out, not our guys....

I'm not surprised that the lifetime pay is there. That is no different than members of Congress getting their pensions for a pittance of service. Only in this case, the pay appears to be much higher. Those in control voting themselves raises, pensions, etc. is, unfortunately, very common.
mamabearCali
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Re: You Wonder Why We (Collective) Are Going Broke?

Post by mamabearCali »

In a sane society excesses like this would work themselves out. The counties that did stupid stuff like this would find themselves out of money and the people bleeding the system would be out of luck in time. But today those bleeders get to have a bailout from the productive........sigh......this is not going to be pretty.
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Daisy Cutter
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Re: You Wonder Why We (Collective) Are Going Broke?

Post by Daisy Cutter »

One more nail in the coffin. We're going to end up like Greece, with their "blind" taxi drivers collecting benefits.

Disability as the welfare of the 21st century: 260 billion a year. This is an NPR piece but could have been generated by Cato or the New Republic.

http://apps.npr.org/unfit-for-work/" onclick="window.open(this.href);return false;
Chris
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Re: You Wonder Why We (Collective) Are Going Broke?

Post by Chris »

I guess it's easy to blow money that isn't yours.
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