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Weiner's Toast, But His Pension Lives On
Grand Rants ^ | 06-16-11 | Stoutcat

Posted on 06/16/2011 12:35:39 PM PDT by Stoutcat

It’s official: we won’t have Rep. Anthony Weiner to kick around any more. At his 2:00 p.m. press conference, Weiner announced his resignation from the U.S. House of Representatives. Unfortunately for We the People, his resegnation doesn’t mean our tax dollars have seen the last of him.

Evidently resigning in disgrace is not enough to prevent him from cashing in on the fairly generous pension our members of Congress have come to expect: Weiner can hope to see upwards of $40,000 (with cost of living adjustments) once he reaches retirement age. That despite the fact that he’s almost guaranteed to fall on his feet into a cushy consulting, lobbying, or talking head-type job which would likely pay even more.

This is definitely some budget worth cutting. And here’s a simple rule of thumb: if you are forced to resign your seat, your pension goes with it. If you decide not to run for re-election due to scandal (or mere criminality), your pension is revoked. If you refuse to resign despite being censured or found guilty of ethics violations, your pension goes bye-bye.

Of course, this would include not only Weiner, but other recent scandal-ridden miscreants such as Ensign, Massa, and Lee, as well as Rangel, Frank, and likely Maxine Waters and the Sanchez sisters...

(Excerpt) Read more at grandrants.wordpress.com ...


TOPICS: Government; Politics
KEYWORDS: congress; pension; weiner; weinergate; weinerpension

1 posted on 06/16/2011 12:35:47 PM PDT by Stoutcat
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To: Stoutcat

Rep. Anthony Weiner (D-NY) announces his resignation at a press conference that turned into a circus........

Among the many things yelled at the raucous event was this: “Are you more than 7 inches?” It is speculated that a Howard Stern employee said that. Someone even yelled “bye-bye pervert” at him.


2 posted on 06/16/2011 12:37:35 PM PDT by BubbaJunebug
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To: BubbaJunebug

7? I think it was one of his supporters... trying to be ummm... ‘generous’


3 posted on 06/16/2011 12:40:27 PM PDT by Mr. K (CAPSLOCK! -Unleash the fury! [Palin/Bachman 2012- unbeatable ticket])
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To: BubbaJunebug

He gets what he deserves.


4 posted on 06/16/2011 12:40:31 PM PDT by Stoutcat (I aim to misbehave)
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To: Stoutcat
Weiner can hope to see upwards of $40,000 (with cost of living adjustments) once he reaches retirement age.

Is that a lump sum payment... or per month... or annually? The article is unclear about that.

And here’s a simple rule of thumb: [...] If you decide not to run for re-election due to scandal (or mere criminality), your pension is revoked.

Choosing not to run for re-election is the prerogative of every office-holder, and the reasons for that choice (e.g., "because of scandal") cannot be objectively determined.

Regards,

5 posted on 06/16/2011 12:52:32 PM PDT by alexander_busek
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To: Stoutcat

With luck, and fewer people like him in Congress, there will still be USA left when he’s ready to retire to pay it.


6 posted on 06/16/2011 1:05:55 PM PDT by bigbob
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To: BubbaJunebug

Weiner Says He’s Resigning, Apologizes for Scandal

http://www.youtube.com/watch?v=5IC2UyHSdVg


7 posted on 06/16/2011 1:07:29 PM PDT by Dr. Scarpetta
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To: Stoutcat
if you are forced to resign your seat

There is no way to define being "forced to resign your seat".
8 posted on 06/16/2011 1:09:48 PM PDT by FewsOrange
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To: BubbaJunebug

“And here’s a simple rule of thumb:...”

I have a simpler one, absolutely no pensions of any kind to elected officials. Except Presidents and SCOTUS members.

This isn’t a life long career position we’ve hired them to do, it’s a temporary job.

Two terms in any one job is it, either as Senator, Representative, or President. Either way we need to put a cap on the maximum amount of years anyone can serve as a public ‘servant’ (lol, sorry that servant part made me chuckle).


9 posted on 06/16/2011 1:27:53 PM PDT by thatjoeguy (Wind is just air, but pushier.)
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To: Stoutcat
I graduated from college in the late 80s and have been contributing anywhere from 6% to 22% pre-tax to a 401[k] ... I'm no where close to a yearly return of $40,000... I'd have to double my present 401(k) balance to get a sweet return of like that.

Congress critters are the SUCK!

10 posted on 06/16/2011 2:13:48 PM PDT by Trajan88 (www.bullittclub.com)
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To: Stoutcat

No doubt his Cadillac medical plan continues, as well?


11 posted on 06/16/2011 2:57:09 PM PDT by Havisham
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To: Stoutcat

No doubt his Cadillac medical plan continues, as well?


12 posted on 06/16/2011 2:58:11 PM PDT by Havisham
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To: Stoutcat

That’s outrageous! No politician should get a pension anyway, outside of social security and any pension plan they choose to buy into. They should be term limited out of any possibilty of a pension as well.

TERM LIMITS, NOW AND FOREVER!


13 posted on 06/16/2011 3:17:15 PM PDT by JimRed (Excising a cancer before it kills us waters the Tree of Liberty! TERM LIMITS, NOW AND FOREVER!)
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To: Havisham

I think that’s very likely. Although Huma’s probably got him covered, if not.


14 posted on 06/17/2011 5:49:28 AM PDT by Stoutcat (I aim to misbehave)
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