Page 2 - Pension Programs News Today

About candidate quality. andy beshear is an authentic politician who understands that its time to work for people. i mean, you showed the 40% approval rating. what that doesnt show, thats actually a high water mark matt bevin. he was in the high 20s and low 30s. when have you good candidates who are speaking to the values tat command the respect of the majority of the american people, thats how we succeed. and thats how we won if virginia. >> let me ask you about beshear and how he won. we saw i...

$20 trillion our deficit is approaching. something has to be done. is this the right thing? >> you know, sandra, whats really scary about that figure is it doesnt capture all the ways in which the government is indebted. all the promises weve made to all these americans over the generations. all the guarantees weve made to things like pension programs and everything else. if you look at our total indebtedness, its real easy to get depressed. one thing nick mulvaney was right about. if we cant ge...

Number of 45 per year over the past decade. those safety concerns as well as low pay and troubled pension programs are making it hard to keep officers on the job. and morale is particularly low in dallas where five cops were killed during an ambush in july. nearly 100 city officers quit or retired since then. so, how do we stop this bloodletting? if you think about it, 62, thats, just through november, and not through the whole year. that is almost six police officers killed every month of the y...

Sudden pretty hard. we bounced and we came down hard again. and we bounced again. >> everyone was yelling, freaking out. and we smelled smoke and every was like evacuate! we saw smoke on the side of the wings where the tire hit underneath. >> a few hours later, most of the passengers were put on another plane arriving in ft. lauderdale overnight. investigators still trying to figure out exactly what happened there. lets head to washington now where it seems like out of nowhere, a group of sena...

Hires. in to a 401(k). they do need it in places like san diego and alaska. utah is doing reform. so is washington, d.c., we can also unfortunately, you can cut unfunded healthcare benefits. so they can be cut without going to court. that is already happening in stockton and vallejo. the irony here is that already health reform may be taking care of this problem. health reform is starring to weigh whether to hire new workers or cut back on the city services. that is bottom line. do you cut back ...

That are in severe financial trouble. you are talking about my hometown of chicago. talking about a lot of cities in california, cities like oakland, san bernardino that are very severe problems. the trouble is exactly the same. they have incredible pension programs that they cant pay for. that means they have to cut fire service and police service and schools. that is the big problem. by the way, i think bankruptcy not a bad option here for cities like detroit. its way for them to hit the resta...

Years later under carter with the extension. the investment in that city lead to jobs being built. more businesses that came into the city, into midtown manhattan again. more condos being built, rented and sold. >> im so sick of liberals throwing around the term investment and not understanding what that means. detroit for 50 years tried to invest in their education system and now 47% of adults are functionally illiterate. stop tosses around the world investment as if its something you throw mon...

Years later under carter with the extension. the investment in that city lead to jobs being built. more businesses that came into the city, into midtown manhattan again. more condos being built, rented and sold. >> im so sick of liberals throwing around the term investment and not understanding what that means. detroit for 50 years tried to invest in their education system and now 47% of adults are functionally illiterate. stop tosses around the world investment as if its something you throw mon...

Pensions they might have in other communities? >> other communities in california? probably not. but other communities, other parts of the country, definitely. and we, you know, greta, we have some of the most generous pensions in the country here in california. >> if theres no way to sort of renegotiate these pension programs and are these pensions just untouchable? >> thats whats going on right now in court. and the bond holder will lose a lot of money in the bankruptcy and theyre the creditor...

Pensions they might have in other communities? >> other communities in california? probably not. but other communities, other parts of the country, definitely. and we, you know, greta, we have some of the most generous pensions in the country here in california. >> if theres no way to sort of renegotiate these pension programs and are these pensions just untouchable? >> thats whats going on right now in court. and the bond holder will lose a lot of money in the bankruptcy and theyre the creditor...