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What makes you say that there will not be any process?
I didn't say process. You said they should both be the same. Does that mean employees of private sector should have more right or public should have less? I'm not going to debate it either way but I'm interested.
To think a company of 10,000 employees, all of them being top notch, is pretty delusional.
Funny you should say that. Delution can be strange and drive one nuts. I used to work for a Fortune 5 company that had about 10,000 people at the time. They stacked ranked. Which means, those at the top were rewarded, those at the bottom were let go.
But what happens after a couple of rounds of that? You end up with a group of tip top performers. But you have to rank them. 1/3 at the bottom go and 1/3 at the top get a reward. Next year? Same thing.
What you end up with is jaded remainders that are wondering when the axe is coming for them. It's almost like Hunger Games.
McCrory has seen what the school leaders in charlotte did when they "eliminated" teacher jobs on a grand scale.The ploy got rid of teachers with no reason who had taught for many years and worked their way up on the pay scale.To save money they later rehired "new" teachers at a much lower pay scale. There is no union for state employees that can prevent this same game from being played by the governor.There are thousands of state workers who soon can retire and draw a nice pension IF THEY MAKE IT . If they dont the state saves and the workers loses...Private sector companies do this crooked stuff all the time.They like to say "poor performance" is the reason because it sounds good to the public. McCory would love to get his hands on the state retirement funds even if it is the employees money.
I didn't say process. You said they should both be the same. Does that mean employees of private sector should have more right or public should have less? I'm not going to debate it either way but I'm interested.
Process and rights can mean two different things. Rights typically mean the conditions to which a person can face disciplinary action up to and including termination. Process is the steps someone would need to go through for disciplinary and/or termination action.
Well the state is in dire need of cash this is a fact. There are hundreds of millions of dollars in the retirement reserve and the governor only needs to get authority over it and then we will see what happens. You may recall that under the past administration the wife of skipper Bowls through some kind of deal was able to get her hands on some of this money for a quick investment deal buying google stock, When it was over and the quick profits were taken the state lost over 1 million dollars of state retirement money. Now just who is going to pay that back? McCory can not do the "deals" he want to without cash. think about it and how these new laws he wants will help his deals. Its about money .
McCrory and the legislature are more likely to divert TSERS et. al. into crappy investments to benefit their buddies than steal it outright. Something like 80% of the state pension fund comes from investments, so that'd be from where they'd siphon it off. Plus that way they'd have a higher level of plausible deniability when the whole thing goes belly up and/or someone gets caught.
McCrory and the legislature are more likely to divert TSERS et. al. into crappy investments to benefit their buddies than steal it outright. Something like 80% of the state pension fund comes from investments, so that'd be from where they'd siphon it off. Plus that way they'd have a higher level of plausible deniability when the whole thing goes belly up and/or someone gets caught.
So what happens to the people getting a pension check after McCory loses much of it on "investment deals?" My check better keep coming in full or it will be somebodies arse.
Last edited by crestliner; 05-11-2013 at 05:53 PM..
Again, it looks like some of you are just making things up. I have yet to see any comments from McCrory and/or administration proposing to have access to the pension funds. Secondly, what does this have to do with the original topic. It is just more bashing.
McCrory has seen what the school leaders in charlotte did when they "eliminated" teacher jobs on a grand scale.The ploy got rid of teachers with no reason who had taught for many years and worked their way up on the pay scale.To save money they later rehired "new" teachers at a much lower pay scale. There is no union for state employees that can prevent this same game from being played by the governor.There are thousands of state workers who soon can retire and draw a nice pension IF THEY MAKE IT . If they dont the state saves and the workers loses...Private sector companies do this crooked stuff all the time.They like to say "poor performance" is the reason because it sounds good to the public. McCory would love to get his hands on the state retirement funds even if it is the employees money.
As it can go in private industry one nearing retirement can get clumped in with the group that is part of a downsizing.
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