Page 789 - Pensions News Today

Christie reaches out across the aisle and gets bipartisan compromise to pass a tough, accountable pension reform bill. no longer would it be the case that profligate liberals in new jersey would be stealing from the future to pay off the big public sector unions now. that was the thing that made chris christie a darling in the eyes of national republicans. made the wall street donor class swoon. that was his defining thing. but that was then. heres the news now. youll never guess whats happening...

Not one dollar of taxpayer money should bail out the city of detroit. >> are we talking all money? not one dime? 1234r50 not state taxpayer dollars. >> they say detroit dug its over hole and does not deserve help today. when about the 23,500 retirees who worked theyre career here and first steep health care and deep pension cuts? this group says look no further than the detroit institute of arts. >> whais more important? a painting on the wall to look at or that the pensions have food on the tab...

Detroit? they dont have any power at all so they won an election. big deal. theyre being sir couple vepted by this emergency city manager deal that the legislature went along with. we were on this story last summer but now its starting to percolate again. rick snider both he and the city manager reached a grand bargain with bankruptcy opponents. snider, to his credit, agreed to restore 195 million into the pensions of these hard workers. and loss pension by the city workers in this whole deal. h...

Manufacturing base. that, of course, is what detroit has been known for. manufacturing. something that we really dont take serious in america, it seems like. the tax base, what happened? it eroded. along. public services, and compromise safety. what did the people do? they left! it was the classic example of out migration because of lousy policies and lack of investment. so detroit looks like this because of republicans. now, you can say that the democrats had local control but wait a minute. th...

The americans for prosperity, the coke brothers, theyre not happy with is this detroit bankruptcy deal. they think public workers are getting too much money in pensions. think about that. americans for prosperity. they want to take away pensions from workers who spent careers one decades, working for the city, who theyre making too much money. lets shaft the workers one more time. let me be straight about this, folks. republicans caused this mess. they got their hands all over it. and now, tryin...

Squam? when new york citys new mayor bill deblasio asked them to pay for universal prekindergarten cuomo did find another way to fund the prek pam. when the critic of the charter school movement got into it he had a charter school rally in albany. he angered public employee unions over pensions and budget cuts. hes shown conservative instincts on fiscal issues. meanwhile hes pressed a liberal agenda on the cultural front which cuomo pointed to when asked about trouble on the left. marriage equal...

Time bomb of public employee pensions which already account for 42 cents of every property tax dollar you pay in chicago that. could double next year without pension reform. >> rahm emanual, you have to go. if you vote to change our pensions, you are going to be gone. >> about $1 billion in pension payments are due in 2015 that. could lead to huge property tax increases, slash city services and cuts to city worker benefits. >> just lean on it. you only need like 100 feet. >> chicago firefighters...

Possible. >> theres some real irony here. emanual got his start raising money for daley and now he has to pay for what is left besgliend dont tell me this is how it was for 40 years. is there a better way to do it? >> mayor emanual presents his budget to the city council. >> father god, we ask a blegsing upon this council and a blessing upon this mayor, mayor rahm emanual. >> chicago is facing a looming crisis, under funded pensions. the city failed to make required payments and now its workers ...

>> mayor emanual presents his budget to the city council. >> father god, we ask a blessing upon this council and a blessing upon this mayor, mayor rahm emanual. >> chicago is facing a looming crisis, under funded pensions. the city failed to make required payments and now its workers have the most under funded pensions of any major u.s. city. >> over the last four decades the government has made promises to its employees. in the years since, they have never come up with that promise. today the b...

And then one womans journey into the boys club of music journalism. youre watching "morning joe." well be right back. ♪ we need it right away! we cannot let the fans down. dont worry! the united states postal service will get it there on time with priority mail flat rate shipping. our priority has always been saving the day. because our priority... amazing! ...is you! the amazing spider-man 2 delivered by the united states postal service. but at xerox weve embraced a new role. working behind t...