Reevaluating Pension Entitlements in the Public Sector

NY Post ^ | January 06, 2011 | William Sullivan

[camle]

well. reneging on a deal may be possible by political bullying, but it remains dishonorable adn dastardly. I for one, would rather not take that step.

[LuvFreeRepublic]

To be honest with you, I don't want to take that step either, but we may not have a choice. First things first though, get things in line for future hires, cut waste, cut foreign aid, and then see if it is possible to honor existing promises. Reneging has far reaching implications and most likely they will be negative. But the whole country crashing is a big negative as well. No easy answers and evaluating all options is what needs to be done. Pray.

[freekitty]

I remember those days. The telephone company was one of the worst. and if people only knew how sneaky hidden the Senate is with commerce interstate/intrastate.

[camle]

why izzit that I hear all this about people who work for the government and how useless adn overp[aiod they are, and how we have to punish them, slash their pensions, reneg on our agreements when there are far more welfare cases out there who don’t even provide a service for what they take out of government?

why are we letting the politicians control this debate? they’re scapegoating their own employees rather than admi that their lack of due dilligence is what created the situation in the first place, and not to mention those who don’t bother to work for a living, yet gobble up tax dollars.

we need to stop reacting to where our noses are pointed, and look around, there’s somebody behind the curtain that we need to hold accountable, and it aint’ employees.

[Senator John Blutarski]

My comment was actually intended to be ironic. Something does indeed need to be done not only about the clear unaffordability of public sector unionism today, but also because of the blatant and arrogant criminal abuse of the public employee pension programs.

I’m pretty confident, however, that nothing much more than transparently cosmetic reforms will be undertaken. Our politicians lack the will to do anything more. The ultimate end to this carnival of greed will only come about as a result of the slow motion collapse of local and state government finances.