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"Eleven people, including two orthopedists and a former union official, are facing federal charges over an alleged $1 billion fraud in the pension system used by Long Island Rail Road employees, authorities said Thursday.
The criminal complaint says a retired engineering manager often played tennis and golf while collecting about $105,000 yearly in combined pension and disability payments.
Former union president Joseph Rutigliano and Marie Baran, who were also charged, worked as consultants to help workers "game" the system, officials told NBC New York."
every dollar recovered should be returned to the banker bailout where it belongs. Whille the banker bailout by the taxpayers was only a trillion dollars it could always be more. With the media driving the attention of the masses away from the greatest swindle in history the graft can not only contunue but can grow. Hopfully we can push competing union scum out of business and monopolize the public swindle for bankers only. However these union scum are useful as a cover to divert the attention away from the bankers. The last thing you need when adding trillions onto the national debt along with annexing SS funds is attention; luckily we have the media completely in our pocket so nobody hears a thing about the greatest swindle in history.
And the bankers get away with murder .....no comment on that huh?
2 wrongs don't make a right. I support OWS and I support jailing corrupt LIRR scumbags who don't think they should have to work like everyone else. Apparently that applies to a pretty good chunk of the people working there according to the number of people on disability pensions. Everyone of them should be squeezed.
This whole "support the proleteriat" nonsense is a ruse by people in certain public sector positions to gain sympthy when the fact is that they are squeezing everyone to make a cushy living. On a similar not, PBA ads running night and day on the radio.
And the bankers get away with murder .....no comment on that huh?
If you're refering to crime like Madoff and the recent broker arrested for insider trading, than yes bankers are bad. If you're referring to how the securitization led to the financial melt-down, how can you use the words get away with murder?
Don't blame the bankers that play by the laws that be to generate wealth and provide income to startups and inovation that capitalism prospers off of.
Wall Street is a transactional arm that serves a purpose in Capitalism and uses leverage and investment to fund things like tech startups that often contribute a great deal to society.
If we look at these Occuy Wall Street protestors, they're in the wrong place and need to be going after the FED and regulators not the smart person that was able to generate wealth from people willing to invest and take that RISK of losing money.
I'll even go as far as saying the people who lost big in their 401k's had the option of staying in cash and not take the risk in potential gains.
Deflecting union greedy crooks that fleece the tax payer for their benefit, with bankers in rather silly.
You're entitled to your views on bankers, but when you deflect the topic of this thread with bankers you just come off silly and not ready to contribute to the topic being discussed.
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