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  #11  
Old 12-12-2014, 09:32 AM
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icenine icenine is offline
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Quote:
Originally Posted by noonereal View Post
excess is excess

it's two different subjects

you can't marry the two and avoid the îssue, which you just did
show me examples of excess and tell me why you are upset.


Sadly, but I feel I may be right but hope I am wrong, Americans who somehow are able to secure public employment, either through nepotism, merit, or sheer luck, may be the ones who are the most fortunate at the end of their lives than most other Americans will be in the future. So in a Machivellian sense America public employment might be one of the few good options for a nice golden age.

I mean that is how it is in the Third World.

Ending public pensions would just be another step on the downward spiral.
I have a feeling the stock market and the 401ks tied to it are not really a big benefit to the majority of the 99 percent. And of course there could always be a crash.

I have a feeling that eventually single payer will be a necessity because no one will be able to pay for anything other than food and maybe instead of buying new homes us old people will have to just pass on our homes to our children where there extended families will all move in. New home ownership is already on the decline for millenials.

Oh lets worry about public pensions lol.
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  #12  
Old 12-12-2014, 10:05 AM
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Well if you study the spending bill the GOP just ran up the flagpole you had damn well worry about your defined benefit pension. Congress will let all those mis-managed companies whose pension plans ares under funded cut back on the payout they had promised.
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  #13  
Old 12-12-2014, 10:12 AM
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Originally Posted by icenine View Post
I understand this argument from the point of view of the tax payer but I find it odd no one is upset that normal pensions, like say a UAW pension for an autoworker, are as rare as the dodo bird. America would be better off if people got upset about why there are hardly any pensions left period instead of trying to going after the few who still get them.
The GOP has people who have no pensions angry at those who do.......and voting for the bastards so they can help eliminate what's left. Look into the bill that congress is fighting over as we speak. Does anyone have any information regarding that?

Dave
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  #14  
Old 12-12-2014, 10:38 AM
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From my personal experiences with Pensions 401K's Annuities Life Insurance Long Term Care.

Is in a nut shell, the ones who paid their bills saved had planned for the future granted were of a different generation then me. So had a old school pension payout. Fared no better then the others who robbed Peter to Pay Paul, had no savings or retirement other then SS. When it comes to entering long term care. The ones without assets were easy. The ones with assets a whole other mess that keeps on giving/taking.

The 401K type and Annuities investment retirements are all geared to make money for the handlers. Figure 1-3% on the total investment amount yearly. The adviser who will show you what the actual fee's charged honestly are like finding a needle in a haystack. I'm still not real sure my guy is straight with me.

My pension was lost because of the company filing bankruptcy just to free themselves of ""legacy costs"". This was after big bonuses paid out to officers of the company. Then the tax payers picked it up and are paying it now.

Thanks!










Barney
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  #15  
Old 12-12-2014, 12:22 PM
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piece-itpete piece-itpete is offline
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What about double dipping? Did that happen in private pensions?

I happen to know someone on the Ohio state pension program. He said they told him that they have a gaggle of lawyers just to keep the politicians' hands off the money.

Look what they did to Social Security.

Pete
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  #16  
Old 12-12-2014, 12:56 PM
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Quote:
Originally Posted by piece-itpete View Post
What about double dipping? Did that happen in private pensions?
Most of the double, and triple dippers I have known were arch Republicans.

When I was in the service you wouldn't believe how many people I knew that retired from the Military on one day and went right back to work on base at a gummint job the next day. A lot of them worked it out so that they went back to the same desk, doing the same job only this time instead of as a GI, they were now a GS something.

Then there was my old boss at the State of Florida.

Republican all the way.

Enlisted in the Navy at 18, and left for boot camp the day after he graduated from High School.

Did 22 years in the Navy, retired with a nice pension at age 40, then went to work for the State of Florida for another 22 years, then at age 62 he retired and started drawing a 22 year pension from the state plus Social Security.

I just looked him up on the net and he's still alive.

84 years old and been drawing three government checks for the last 22 years just for breathing.

That's the way you do it.

https://www.youtube.com/watch?v=lAD6Obi7Cag
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Last edited by Tom Joad; 12-12-2014 at 01:03 PM.
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  #17  
Old 12-12-2014, 01:48 PM
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That's amazing!

Pete
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  #18  
Old 12-12-2014, 05:23 PM
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BlueStreak BlueStreak is offline
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Quote:
Originally Posted by Tom Joad View Post
Most of the double, and triple dippers I have known were arch Republicans.

When I was in the service you wouldn't believe how many people I knew that retired from the Military on one day and went right back to work on base at a gummint job the next day. A lot of them worked it out so that they went back to the same desk, doing the same job only this time instead of as a GI, they were now a GS something.

Then there was my old boss at the State of Florida.

Republican all the way.

Enlisted in the Navy at 18, and left for boot camp the day after he graduated from High School.

Did 22 years in the Navy, retired with a nice pension at age 40, then went to work for the State of Florida for another 22 years, then at age 62 he retired and started drawing a 22 year pension from the state plus Social Security.

I just looked him up on the net and he's still alive.

84 years old and been drawing three government checks for the last 22 years just for breathing.

That's the way you do it.

https://www.youtube.com/watch?v=lAD6Obi7Cag
Yep, I know about a half dozen of them. I know one that retired from the Navy and has been working for the Oregon Air National Guard since 2002. I know another who retired from the Navy after 24 years, went to work for the State of Virginia (DOT) and left after only five years, after suing them for a disability check (Sciatica). More than one that retired from the Navy after 20+ years, gets a disability check AND currently works, full time, for the Federal government or some other full time job.

All Republicans.

Of course, they earned every penny and YOU didn't. I know this is true, they told me so.

Dave
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Last edited by BlueStreak; 12-12-2014 at 05:29 PM.
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  #19  
Old 12-18-2014, 07:03 PM
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There's a whole lot of them around here in Cleveland, and believe you me they're not righties. Nice try though.

Pete
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  #20  
Old 12-18-2014, 08:45 PM
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Dondilion Dondilion is offline
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Quote:
Originally Posted by piece-itpete View Post
There's a whole lot of them around here in Cleveland, and believe you me they're not righties. Nice try though.

Pete
Some of them went to prison here.

Here they are righties in left leaning unions.

New York/Long Island areas
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