Page 795 - Pensions News Today

Participating in the project will match that figure meaning that in the new institutes will have a jern ross bank to give companies and workers the expertise and equipment they need to compete. to recap, thats government partnering with companies and universities to improve the economy in two cities where the decline in manufacturing has devastated the economy. sounds like a plan. now, to new jersey where governor chris christie is just about to lay out his proposed budget to the state legisla...

Least people on his staff may not have been on his side. that there really was no price to be paid for that, for rejecting federal spending for thinking that arguably would be for people in his state. did you find that odd that that never dented his popularity before? >> not so much since he didnt reject federal money for the big head that hit his state. with hurricane sandy funds. lets say in the hypothetical world where congress was forthcoming with funds and christie rejected funds, then his ...

>> rich daley built his political success on giving away the farm. in the "esquire" piece, i say hes like the husband who spends a college money at casino, so part of the reason daly quit is he led us into a disaster, which rahm has to figure out how to fix. if we pay the pension obligations to firefighters, police officers, et cetera, it will completely bankrupt the city, it will gut the city. well have to stop doing everything else. well be -- the city of chicago will be a place that puts out ...

1932, the nations largest union. its pretty astounding to learn its membership has dropped to 122 from 1,000. the law field set up a mine field that makes it hard for unions to survive. the other thing that struck me is theres a polarized view in wisconsin. some think the act is great. they think its really helped towns and school districts balance budgets and given them more flexibility. union leaders said, this has saved communities money, but its done it on the backs of workers. several worke...

They cant even make money with a virtual monopoly in the u.s. postal service. big projects by the government are inherently loaded with pork and bloat and a high government pensions. they just dont work. so if i give a dollar to the government, it comes back to me in the form of about 80 cents or. so add that to the statistics that john gave us running up a debt that we cant pay. my gosh, we will be spending $8 billion a year on interest payments alone. this madness has to stop. its a pox on bot...

Socklich, telling commuters, if youre upset, you should call the mayor. now there has been further reporting in the last week where some commuters were tracked down and they corroborated that story. they said that port authority police officers were seeking them out, basically, hey, roll down your window, i want to tell you something. and then telling them, hey, if you dont like this traffic, you need to let the mayor know. now it raises the question, not just a question about chip michaels, its...

You care about social security and medicare and medicaid for that matter, you are going to restrain their growth because the country cant afford it with the baby boom we tiring this is unsustainable. any person who does math can do addition understands that. >> whats also military budget when you look at big budget contracts they are spending on gas masks and airplanes they dont actually need. instead of cutting those big contracts that are putting money in the pockets of lobbyists, and part of ...

Jersey has once again become a model for america. >> but public employee yuans up and down the street were irate, one group in particular, law enforcement. there are four mayor unions representing police officers in new jersey and christie per sued all of them in his 2009 campaign for governor. he met with the leaders and sought with their officers. he sent this let tore rank and file officers swearing up and down that any claim that he would necessary with their pensions is absolutely true. sit...

Enforcement in new jersey have with him today. >> we met with him -- actually it was in 2008 when he was a can date for governor. and he come in and met with my executive board and legislative committee looking for an endorsement. he sat across the table from me -- and i faxed you a letter he came out with addressing law enforcement officers that he would not touch our pensions. and he told us at the table he would not touch or pensions and our benefits and he respects us. as a united states att...

The alternative -- the alternative is to have hired thousands of additional government employees to be able to administer this program. who is going to administer it? i am not going to bring on more people who i have to pay health benefits for, pensions for. over the long haul to run a program that by its very nature is a temporary program. that is the type of people that you bring in private contractors to run. >> tom didnt know if he would get into todays town hall or if he would get to confro...