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Author: Stonewashed Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1977252  
Subject: Re: A fair deal in Chicago Date: 2/10/2013 5:18 AM
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To top pay for a patrol officer is $86,000 a year.


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That isn't the part that stings. The part that stings is many of these public union members get paid almost as much when they retire, until they die, and many of them can retire pretty early.
These have not been properly funded. Neither have many of the larger corporations.

Meanwhile, those of us who did fund them and our own are sitting on piles of cash the government is increasingly oogling as a source of cash to fund their own empty promises.

My husband had a conversation the other day with a bank employee (manager) from Ecuador who is trying to save enough money to buy a house here. She told him in Ecuador once you paid off your house, no one could confiscate it, even if you were behind in property tax. She seemed to think that was the case here too.

In NY the property taxes have gotten so high, even if your house is paid off, your property taxes are 10 to 20 grand a year. And I wonder why a community that used to have a nice mix of ages is increasingly looking grey, or at best middle aged public sector retirees who claim Florida residency and "visit" or "trash collectors" with million dollar homes. The rest is simply underground.

We wonder why the young are leaving?


I guess the powers at be are assuming that most of economy is underground, outside the investment bankers, who are legally doing things offshore and laundering the money for the worldwide undergound economy.

In the mean time, we plebs who were brought up to pretty much believe honesty was the best policy, are having identity crisises.
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