Madeline
Rookie
- Thread starter
- Banned
- #61
Let's turn off the recording of "Solidarity Forever" you have playing, Wry Catcher. I'm not buying the "we forewent more lucrative opportunities in the private sector" argument. For starters, so what? For second, you gonna seriously argue that the skill set of a trained EMT, firefighter or police officer is transferable to corporate America? Nonsense.
What happens, IYO, when the money just runs the fuck out? When it comes down to paying these obscene bumps and retirement benefits -- often to 40 year olds working a second career -- and paying CURRENT payroll?
What Happens When City Hall Goes Bankrupt? : NPR
I do not understand greed, Wry Catcher. If your employer is insolvent and your fellow man is suffering, how can you take a retirement bump of more than $100,000? Why is it that these workers can't look at their city and say "yanno, no one thought it'd ever be this bad when these rules were negotiated. How about I take just the retirement I'm due without the bump?"
I think Golden Parachuts in the private sector are offensive -- why should I hold my nose when they are handed out in the public sector?
What happens, IYO, when the money just runs the fuck out? When it comes down to paying these obscene bumps and retirement benefits -- often to 40 year olds working a second career -- and paying CURRENT payroll?
Since 1980, 32 cities and towns have declared bankruptcy, according to James Spiotta, a leading municipal bankruptcy lawyer. Most notable of these were Bridgeport, Conn., population 140,000, which declared bankruptcy in 1991. And, in the nation's biggest municipal bankruptcy, Orange County, Calif., sought protection from its creditors in 1994 after city officials made a series of bad investments.
What Happens When City Hall Goes Bankrupt? : NPR
I do not understand greed, Wry Catcher. If your employer is insolvent and your fellow man is suffering, how can you take a retirement bump of more than $100,000? Why is it that these workers can't look at their city and say "yanno, no one thought it'd ever be this bad when these rules were negotiated. How about I take just the retirement I'm due without the bump?"
I think Golden Parachuts in the private sector are offensive -- why should I hold my nose when they are handed out in the public sector?
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