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Old 04-14-2011, 12:14 PM
 
Location: Hartford County
106 posts, read 369,237 times
Reputation: 81

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Quote:
Originally Posted by adamz View Post
JViello-
We get it. You're sick of paying high taxes in CT and want to leave. Good for you, and good luck in Florida or wherever you go. So, why do you continue to post here? What purpose does it serve?
Adam
I think 99% of this board just applauded. Well said. Too much time is spent smashing a opinion down people's throats.
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Old 04-14-2011, 12:17 PM
 
Location: U.S.
3,989 posts, read 6,574,457 times
Reputation: 4161
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Old 04-14-2011, 12:18 PM
 
Location: Sierra Vista, AZ
17,531 posts, read 24,690,750 times
Reputation: 9980
Quote:
Originally Posted by JViello View Post
HARTFORD – Pensions for two dozen retired state employees exceeded the governor’s salary of $150,000 in 2010, according to new data posted to the Yankee Institute’s CT Sunlight Project (CTSunlight.org | Home).

A total of 378 retired state workers received pensions of more than $100,000 last year. That’s up from 175 individuals in 2008 and 299 retirees in 2009. In all, the state of Connecticut paid out $1.2 billion in pensions to 43,070 beneficiaries in 2010.

“Guaranteed pensions of $100,000 a year are basically unheard of in the private sector, but continue to be available to state employees. No wonder state employee unions are resisting Gov. Malloy’s call for modernization and reform,” said Fergus Cullen, Executive Director of the Yankee Institute.
24 Retirees Make More than Governor | Yankee Institute for Public Policy
List looks like Proffessors, Doctors and Lawyers, not Police, Firemen and Teachers
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Old 04-14-2011, 12:19 PM
 
Location: NJ
18,665 posts, read 19,964,883 times
Reputation: 7315
Originally Posted by mlassoff
Previous contracts are sacrosanct and we must live up to our obligations.

Tetto:"Says who? Read this article; I know it's older but it speaks directly to JV's point. They can and have terminated existing retirees pensions, this is fact."

Well said, tetto, one by one, states will change from defined benefit to defined contribution (401k) plans; a long overdue move. They will also raise the percentages of health insurance employees pay to tie to the private sector standards-who pay for the government workers largesse.

The smart unions will negotiate less extravagant benefit packages, in order to spread the change.
The dumb ones will have the states implement draconian measures to get the same savings. The days of the gravy train are ending.
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Old 04-14-2011, 12:21 PM
 
Location: New London County, CT
8,949 posts, read 12,133,250 times
Reputation: 5145
Quote:
Originally Posted by bobtn View Post
Well said, tetto, one by one, states will change from defined benefit to defined contribution (401k) plans; a long overdue move. They will also raise the percentages of health insurance employees pay
I agree with both of these moves for current employees and future municipal employees.
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Old 04-14-2011, 12:25 PM
 
Location: NJ
18,665 posts, read 19,964,883 times
Reputation: 7315
Q Poll: Majority Disapprove Of Budget Plans, But Are Optimistic

Golden1-Did you not see this? Morning Joe had a great laugh over it (Mika looked embarrassed when Malloy stepped in), the day Malloy was on the show.

"March 09, 2011|By DANIELA ALTIMARI, The Hartford Courant
In the first Quinnipiac University poll since the election, 40 percent of those surveyed disapprove of Gov. Dannel P. Malloy's job performance and 51 percent disapprove of the way he is handling the state's budget crisis.
Fifty-six percent said Malloy's plan, a combination of tax hikes and spending cuts, is unfair and 66 percent said it relies on too many tax increases. In a related article, 3 percent though taxes were not going up enough.
You have the first truly bi-partisan governor, with unusually high agreement regarding his policies..unfavorably.
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Old 04-14-2011, 01:24 PM
 
Location: New England
8,155 posts, read 21,001,555 times
Reputation: 3338
Quote:
Originally Posted by adamz View Post
JViello-
We get it. You're sick of paying high taxes in CT and want to leave. Good for you, and good luck in Florida or wherever you go. So, why do you continue to post here? What purpose does it serve?
Adam
Well, first off I live here. Secondly, I love my country. If exposing socialist, thugs who wish to take down what this country is about is what it takes, then so be it. You know "think globally act locally".

The greed, and redistributive methods are sickening. Our founders would puke.

And you're wrong I don't *want* to leave but social progressives have ravaged this state to the point it's no long sustainable for my family to live here because we are not part of the machine. As was said by a teacher in the last Malloy meeting. Hartford used to be the richest and most beautiful city in the nation. Now it's one of the poorest and run down. It's the liberal, progressive policies that got us here. Period.

Quote:
Originally Posted by Tetto View Post
Says who? Read this article; I know it's older but it speaks directly to JV's point. They can and have terminated existing retirees pensions, this is fact. The PBGC will pick up where the state lets off. I personally know people at United Airlines who were directly affected by this. Did it suck? You bet, but they pulled themselves up by their bootstraps and survived. I would ask no less of the state retirees and workers.

http://www.nytimes.com/2005/05/11/business/11air.html

http://www.nytimes.com/2011/01/21/bu...ankruptcy.html
Bingo. Thanks Tetto. I'm staring to feel like a one legged man in an ass kicking contest around here.

Quote:
Originally Posted by mlassoff View Post
My Grandmother is 93.
Oh stop with the 93 year old grandmother drama, please. Unless you're going to tell me she's pulling down 75K a year along with SSI.

Her generation were not the problem.

Quote:
Originally Posted by Golden1 View Post
I think 99% of this board just applauded. Well said. Too much time is spent smashing a opinion down people's throats.
"smashing opinion"? Please. Don't read it. Or you CAN read it and learn something or stick your head in the sand and pretend everything here is peachy.

Quote:
Originally Posted by Boompa View Post
List looks like Proffessors, Doctors and Lawyers, not Police, Firemen and Teachers
Yep, pretty much. But you know, gotta fire some cops and teachers to balance the budget.
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Old 04-14-2011, 01:38 PM
 
2,080 posts, read 3,921,735 times
Reputation: 1828
Quote:
Originally Posted by mlassoff View Post
My Grandmother is 93. She receives a pension from the state of New York. Would you suggest that she and other elderly retirees "pull themselves up by their bootstraps"? She can still walk unassisted, but I am not sure she could support her on weight if she were forced to do so.

I would ask you to do the ethical thing and honor the commitments made to our retired state workers. That's the ethical, righteous and moral thing to do. To abandon them out of financial expedience is disgusting behavior. I'm not sure why it's being advocated here by the right-- which for so long claimed to provide our ethical center....

My dad is a retiring (end of the year) UAL Captain. We're pretty well versed on the United situation-- Where EVERYONE got screwed. Active employees, retired employees, shareholders. Well not EVERYONE... Plenty of non-union company executives kept their lofty salaries and bonuses. It doesn't always pay to be in the union.
In your case I would suggest her smart, self employed and admittedly well compensated grandson pick up the slack! Your dad was a captain? What did he fly?
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Old 04-14-2011, 02:07 PM
 
Location: New England
8,155 posts, read 21,001,555 times
Reputation: 3338
Quote:
Originally Posted by Tetto View Post
In your case I would suggest her smart, self employed and admittedly well compensated grandson pick up the slack!
What a concept!
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Old 04-14-2011, 02:53 PM
 
Location: Sierra Vista, AZ
17,531 posts, read 24,690,750 times
Reputation: 9980
Quote:
Originally Posted by JViello View Post
Well, first off I live here. Secondly, I love my country. If exposing socialist, thugs who wish to take down what this country is about is what it takes, then so be it. You know "think globally act locally".

The greed, and redistributive methods are sickening. Our founders would puke.

And you're wrong I don't *want* to leave but social progressives have ravaged this state to the point it's no long sustainable for my family to live here because we are not part of the machine. As was said by a teacher in the last Malloy meeting. Hartford used to be the richest and most beautiful city in the nation. Now it's one of the poorest and run down. It's the liberal, progressive policies that got us here. Period.



Bingo. Thanks Tetto. I'm staring to feel like a one legged man in an ass kicking contest around here.



Oh stop with the 93 year old grandmother drama, please. Unless you're going to tell me she's pulling down 75K a year along with SSI.

Her generation were not the problem.



"smashing opinion"? Please. Don't read it. Or you CAN read it and learn something or stick your head in the sand and pretend everything here is peachy.



Yep, pretty much. But you know, gotta fire some cops and teachers to balance the budget.
Yeah same in California where all of the top spots were the bankers getting paid half a million each to run the pension board into the ground
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