Originally Posted by JJJ
Here are two California examples. Yeah it is only the CEO's and Wall Street ripping off the tax payer. What a crock.
Compared to what Enron did to California (with Bush's blessings) this is chicken feed.
What's happening in Cal is no different than what is happening in America. The pirates bankrupt the nation with their criminal malfeasance and then want to go after pensions and social security to pay off the damages. Just as long as they keep the profit rolling in and the politicians paid off, they don't really care where the money comes from. The time to attack excessive pensions is when you write them, not after decades and the people have done their service under the contract and step up to collect their part of the bargain. How many CEOs and politicians would give a penny of their golden parachutes to make things right? You know the answer to that one. Their pensions and lifetime medical insurance are sacred. Everybody else's? Not so much.
The thieves on Wall Street just split amongst themselves $144 billion in bonuses and you're worried about these measly pensions? There's some Right Wing tunnel vision for ya.