spitzer on romney, taxes

[pointman]

Originally Posted by jms62

How about elimination of government pensions and make them 401K's like everyone else has for the last 30 years. How about and I know I will catch a rash of **** here but how about military pensions/police mentions starting at 65. There is so much ****ing waste in the system but those that are responsible for fixing the problem are benefitting from it so it will never be fixed.

You are seeing the light here, J. Something has to be done about these pensions that the taxpayers cannot afford nor can get in the private sector. They will bankrupt this country. As long as the Unions are in the politicians pockets (overwhelmingly Democracts) we are doomed.

[Danzig]

i was looking up some facts and figures on the state of arkansas yesterday. i found it somewhat disheartening that the top employer in the state was the state government.
third highest with number of employees? the federal government.

[jms62]

Originally Posted by Danzig

i was looking up some facts and figures on the state of arkansas yesterday. i found it somewhat disheartening that the top employer in the state was the state government.
third highest with number of employees? the federal government.

Sounds like Haiti.

[Danzig]

Originally Posted by jms62

Sounds like Haiti.

it's unsustainable. govts don't make profits. you can't have govt be the highest employer, when employees are paid from tax dollars. it's damned depressing.

[dellinger63]

Originally Posted by Danzig

it's unsustainable. govts don't make profits. you can't have govt be the highest employer, when employees are paid from tax dollars. it's damned depressing.

It will be like Poland in the 1970's. People will pretend to work and the gov. will pretend paying them in a few decades

[dellinger63]

Originally Posted by Danzig

i was looking up some facts and figures on the state of arkansas yesterday. i found it somewhat disheartening that the top employer in the state was the state government.
third highest with number of employees? the federal government.

[Danzig]

Originally Posted by pointman

You are seeing the light here, J. Something has to be done about these pensions that the taxpayers cannot afford nor can get in the private sector. They will bankrupt this country. As long as the Unions are in the politicians pockets (overwhelmingly Democracts) we are doomed.

yeah, guaranteed pensions are a killer right now, with the current interest climate-and it's been bad for some time.
my biggest concerns about 401 k's are absolutely no guarantees, and the people working them for companies make HUGE money off them with the fees. that can be scary-some people are clueless about funds, and would be counting on money to be there...but if they screw it up, they won't have any money to retire with.