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You Wonder Why We (Collective) Are Going Broke?
Posted: Mon Mar 25, 2013 1:20 pm
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
Re: You Wonder Why We (Collective) Are Going Broke?
Posted: Mon Mar 25, 2013 7:10 pm
by K.Mooneyham
I saw that earlier. The system is broken just about everywhere, but its a special kind of broken out in California.
Re: You Wonder Why We (Collective) Are Going Broke?
Posted: Mon Mar 25, 2013 7:15 pm
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.
Re: You Wonder Why We (Collective) Are Going Broke?
Posted: Mon Mar 25, 2013 7:19 pm
by sunny beach
Maybe the French Revolution had a few good ideas after all.
Re: You Wonder Why We (Collective) Are Going Broke?
Posted: Mon Mar 25, 2013 7:48 pm
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?
Re: You Wonder Why We (Collective) Are Going Broke?
Posted: Mon Mar 25, 2013 8:50 pm
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.
Re: You Wonder Why We (Collective) Are Going Broke?
Posted: Tue Mar 26, 2013 8:31 am
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.
Re: You Wonder Why We (Collective) Are Going Broke?
Posted: Tue Mar 26, 2013 8:45 am
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;
Re: You Wonder Why We (Collective) Are Going Broke?
Posted: Tue Mar 26, 2013 10:46 am
by Chris
I guess it's easy to blow money that isn't yours.