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5 hours ago.
by Stillhere
BobDahler
#1

What happened to the "Union Influence in Politics" topic?

Even though I initiated it as the debut topic in the Times forums, I'm happy to realize it has been deleted. It died an ugly death long ago, and should have been executed long before it was. I'm curious though... Why? I am unaware of the travesty that occurred that was sufficiently heinous to warrant it's deletion... As compared to the tripe on ALL the other threads that is evident on a daily basis.

 
 

Member Comments

BeRight

Liberal Politicians grant big contracts and pensions based on the Pension Fund Trustees promising 7-8% returns year over year. When the stock market fluctuates the Politicians blame the fund managers. You say if you cannot afford to lose it don’t invest it. There is also another saying that also applies: Under Promise, over deliver. There is no way any investor can maintain 7-8% over the long term. Politicians lean on those number to OVERpromise and now they are forced to under deliver.

Posted 153 days ago.

Ohwiseone

Uh huh ! And that's just what our country needed ! The pilfering of the middle class and the poor to make billionaires more billions !

Posted 153 days ago.

moderation

Yup! And consider the " in the trillions " fleecing exchange of wealth that occurred in the last thirteen or so years.

Posted 153 days ago.

Ohwiseone

Thank you Ronald Reagun !

Posted 153 days ago.

Ohwiseone

Didn't it ever occur to you that it is odd these pensions were going along fine up till about 30 years ago and all of a sudden there were problems ?

Posted 153 days ago.

Ohwiseone

You just don't get it , do you ? I'll spell it out for you ! That money should never have been allowed to be invested in the stock market and for fifty years it was unheard of ! Why ??? Because the fiduciaries saw it as a way of stopping their payments into the systems and there by saving money !

Posted 153 days ago.

BeRight

Your blaming Detroit and New Jersey on the stock market? Who is the dum-dum

Posted 154 days ago.

Ohwiseone

As usual bewrite , your wrong ! And just what has happened bewrite ? They got hammered in the market ! And who controls the investments on your 401k dum-dum ?

Posted 154 days ago.

Ohwiseone

As usual bewrite , your wrong ! And just what has happened bewrite ? They got hammered in the market ! And who controls the investments on your 401k dum-dum ?

Posted 154 days ago.

Stillhere

Absolem, you are going to find yourself on the business end of a snickerdoodle if you don't watch it.

Posted 154 days ago.

absolem

OWO..it is good to see that you have toned down your anarchist talk. i was worried the men in black were going to pay you a visit. either way, i find your and others selfish support of terrorism on the innocent to be rather sickening. i also notice you did not answer the question i posed to you earlier. should i repeat it or could i not afford the union scale for you to make the effort to review? just remember if i do it for you...you may be charged my scale which i am certain you do not wish to pay.

Posted 154 days ago.

BeRight

BTW: Where do you think all those 401K funds are going?

Gees, come out from under that rock.

Posted 154 days ago.

BeRight

It is obvious you do not invest in the stock market or you would not make such a dumb statement.

Posted 154 days ago.

Ohwiseone

And look a little further and you will find that the problem began when pension and benefit monies were allowed to be invested in the stock market !A wise man once said "if you cant afford to lose it , don't put it in the market " !

Posted 154 days ago.

BeRight

The fiscal future of New Jersey and Gov. Chris Christie’s presidential ambitions hang in the balance as Trenton finally faces the $104 billion deficit in the state’s retirement system. A long line of governors and legislative leaders — past and present, Republicans and Democrats — share the blame for decades of unaffordable promises and political favors. As a result, pensions are underfunded by $51 billion, plus the state faces a $53 billion shortfall from retiree health benefits, according to the latest official numbers.

Posted 154 days ago.

BeRight

The fiscal future of New Jersey and Gov. Chris Christie’s presidential ambitions hang in the balance as Trenton finally faces the $104 billion deficit in the state’s retirement system. A long line of governors and legislative leaders — past and present, Republicans and Democrats — share the blame for decades of unaffordable promises and political favors. As a result, pensions are underfunded by $51 billion, plus the state faces a $53 billion shortfall from retiree health benefits, according to the latest official numbers.

Posted 154 days ago.

BeRight

DETROIT.

Posted 154 days ago.

Ohwiseone

Yes , we should infringe on peoples rights ! Wait , I thought thats the crap you espouse ! Why that would make you a hypocrite as well as a liar ! Now that's a surprise !

Posted 154 days ago.

Stillhere

Beright public unions should be banned for many reasons, some you explain clearly.

Posted 154 days ago.

Ohwiseone

You gotta just luv those that couldnt hold a professional job like teaching! When they had their chance to advance their education they didn't , and now they begrudge those who are earning good living !The axiom holds true , good people don't come cheap ! And just in case you don't know it , unions do contribute to both sides but I don't know why ! Republiduds have always been against unions and have done everything they could to ban them so why should unions support them ?

Posted 154 days ago.
 
 
 
 

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