Comments on: Bankruptcy no panacea for pensions

By: Rex the Wonder Dog!

Rex the Wonder Dog! — Wed, 22 Aug 2012 09:22:39 +0000

LOL truth hurts Teddy/Queeg/Uhaul 🙂

By: Edward Steele, Chief Investigator

Edward Steele, Chief Investigator — Tue, 21 Aug 2012 22:24:49 +0000

Mike—- Even though Rex the Poodle is waaay off on his facts— what he means is this–

even though you lawfully contracted for your compensation and preformed the contract as required, he now wants to deny payment to you in violation of the very basic notions of contracting contained in the commerce and contracts clauses of the US Constitution because it has become inconvenient.

Don’t worry. The entire constitutional notions underpining commerce and contracting are on your side. Courts consistently uphold it of course. While these tea baggy folks have been shown that over and over again in courts all over the US, their tiny light bulbs have yet to go all the way on. They still want to feed the lawyers a bit more.

It’s been fun watching them lose battlem after battle.

Ted

By: Rex the Wonder Dog!

Rex the Wonder Dog! — Tue, 21 Aug 2012 20:25:55 +0000

Mike, wake up lil buddy, your trough feeder spin will not work here, 1) you didn’t pay jack towards your retirement, 2) it was all picked up by the taxpayer, 3) and you were getting COLA’s of 3%-9% per year while your pensions were jacked by as much as 50%, 4) while at the same time private sector employees-the real workers who compete in the free and open market- saw their wages decline. 5) Average salary for CA is $29K per year-it was $31K in 2000, yet cop and FF pay went up 97% from 2001-2011.

Please Mike, get serious, for once 🙂

By: the Rt Rev Ted Steele

the Rt Rev Ted Steele — Tue, 21 Aug 2012 14:06:36 +0000

tired old mantra—–

By: mike mortenson

mike mortenson — Tue, 21 Aug 2012 12:39:05 +0000

EXCUSE ME FROM A CALIFORNIA RN!excuse me for trusting in my governments promise of safe retirement while i saved your lives and concentrated on helping others instead of concentrating on getting rich and just give me my pension which i rarely have 100dollars left at the end of the MONTH. EXCUSE MY COWORKERS WHO DIED AT WORK IN STATE SERVICE, EXUSE THE DEATH OF OUR SONS AND FRIENDS FOR THE SAME COUNTRY I TRUSTED. thankyou. BY THE WAY,..
WHERE ARE YOUR BRAINS?

By: mike mortenson

mike mortenson — Tue, 21 Aug 2012 12:31:02 +0000

this is about cities no being able to pay their employer share of contributions and cities not being able to pay bond holders. the current retirees paid there share for 20 to 30plus years and the greedy rich dont make hard working nurses, teachers, police and fire fighters bad and evil greedy pensioners.i made 4k a month when i retired and get 3000 in total ss and calpers with 33 years of work. most of us are in that or lower levals and the state, cities and counties only matched our contributions out of our pocket like any investment payroll deduction.prosecute and remove all the absurd people in the system but dont propogandize our investment just because you dont have a pension or never paid or planned for retirement yourselves. we that are well into retirement dont need government taking our money for 30 years trying to come up with criminally distorting justification for removing social benefits we paid and worked for.in canada all get free medical care and retirement people are not trying to figure out how to keep systems they stole from for years or gave as a way to get employees in overworked substandard state hospitals and dangerous occupations they competed for. how criminal to take a persons life of work for a promise then try to figure out how to not pay them. thats closer to slavery if u think about it. pay banks trillions then attack social systems for money?…hey!..print some money and rescue the middle class, cities and pensions not banks because if we dont have money neither will the criminal banking system!

By: Bob Smith

Bob Smith — Tue, 21 Aug 2012 08:26:45 +0000

“Not every current or former PERS employee is gaming the system and raking in big bucks”

Please define “big bucks”. Are making a ~$50k pension? If so, you’re a bona fide inflation-protected millionaire.

In any case, whether you’re gaming the system or not is irrelevant. There’s no money to pay you. Accept a haircut now, or watch the whole system collapse.

By: Rex the Wonder Dog!

Rex the Wonder Dog! — Tue, 21 Aug 2012 04:07:40 +0000

BK court can CUT pension contracts, remember that baby Einstein 🙂

By: Ulysses Uhaul

Ulysses Uhaul — Tue, 21 Aug 2012 02:05:20 +0000

Poodle if they cut your pension at the truck stop you will freak out!

By: Rex the Wonder Dog!

Rex the Wonder Dog! — Mon, 20 Aug 2012 23:53:50 +0000

I think what Greeny is starting to realize is what I told him years ago— ALL US civil law is turned on its head when one ignores a contract– can’t do it

BK court can break contracts Teddy- so you too must FOLLOW the law, the law the BK court lays down.