Wednesday, November 03, 2010

tick tock

Dow Jones Newswires (via WSJ): Pittsburgh Faces Deadline To Avert Takeover Of Pension Plan (or if that link does not give you the full article, try this one)

12 Comments:

Blogger Bram Reichbaum said...

I'm gaining confidence that state and local leaders, Republican and Democrat, establishment and insurgent, will come together to find a way to sidestep this entire problem.

Wednesday, November 03, 2010 5:29:00 PM  
Blogger Conservative Mountaineer said...

As long as that solution is a combination of:
1. Seruously reducing all pension obligations, and,
2. Taxing City residents amounts to meet any shortfall.

Why should public-sector employees get to keep feeding at the trough? They should face the same fate that most every private-sector employee pension participant has.

Why shouldn't City taxpayers have to face the fact they've elected Democrats/cronies for +70 years?

No way should State taxpayers be on the hook for *any* of the shortfall.

Wednesday, November 03, 2010 5:57:00 PM  
Blogger C. Briem said...

Mountaineer.. I think you conflate the stories from elsewhere with the situation here. If you think City of Pittsburgh wages or the amounts typical pensioneers get are extraordinary I would dispute that. It really is a situation opposite that of say San Diego where the average pension public workers get is often extraordinary.. and that resulted from a lot of Republican leadership in San Diego's case. If you really think this has something to do with which party is in power, you are missing the story. San Diego's pension system is really in bad shape and they don't have the excuse of having lost most of its population or jobs as a causal factor.. A couple years ago I think it was Time that named Murphy the worst mayor in America. Despite some media confusion here briefly, it was not our Murphy, but San Diego's.. you can look up what party he was. Too simplistic to be meaningful to just throw up your hands and say its about one party versus the other.

Wednesday, November 03, 2010 6:12:00 PM  
Anonymous MH said...

I think suburbanites who work in the city should pay for it all since they skipped out on paying anything like the cost of the infrastructure that supports their job. I'd also put a 10% wage tax on all WVU grads because WV basically stole nice roads from the rest of the country.

Wednesday, November 03, 2010 6:16:00 PM  
Anonymous MH said...

BTW, Ke$ha spells it "Tik Tok."

Wednesday, November 03, 2010 7:18:00 PM  
Anonymous BrianTH said...

Too many veto points plus all the viable options requiring some sort of politically-unpopular change means nothing has gotten done. Maybe the state explaining the consequences of a takeover will change that dynamic, but I wouldn't count on it . . . the politics of "Not Just No, But Hell No!" seems to be in control at every level of government right now.

Wednesday, November 03, 2010 8:47:00 PM  
Blogger Conservative Mountaineer said...

@MH..

I am a suburbanite that does not work in the City. I rarely go into the City. If I do, I pay an outrageous parking tax rate. If I attend a sporting (rarely) or cultural event I pay an amusement tax. If I worked in the City, I or my employer would pay the City 0.5% of my 6-figure salary for the luxury of doing so.

Seems to me you City folk should get your act together before begging us to bail you out via obscene increases in parking rates or us State taxpayers start to 'make up the shortfall.' You voted for and support the Democrats in power for +70 years.. you pay for it. It's called karma.

Wednesday, November 03, 2010 8:54:00 PM  
Blogger Conservative Mountaineer said...

@C Briem..

Doesn't matter. Prove to me there isn't wage featherbedding going on. Doubtful you can.

Why should non-City taxpayers potentially be on the hook for stupid/ignorant/short-sided investment and/or funding decisions made by an incentuous (sp?) group of politicians and bureacrats? The City votes voted and supported them.. let the City taxpayers pony up to the bar.

No more bailouts. Any where. Any time. For any one one. Period.

Wednesday, November 03, 2010 9:00:00 PM  
Blogger Bram Reichbaum said...

"Why should non-City taxpayers potentially be on the hook for stupid/ignorant/short-sided investment and/or funding decisions..."

1) Because a lot of them used to live here, and supported those decisions.

2) Because -- and you won't like this answer -- if the City goes down the tubes, the region will follow.

Wednesday, November 03, 2010 10:07:00 PM  
Anonymous MH said...

If I worked in the City, I or my employer would pay the City 0.5% of my 6-figure salary for the luxury of doing so.

Half a percent is not a fair rate for infrastructure, police, emergency services, etc. Furthermore, the suburbs get both federal and state subsidies for all of those extra highways they require.

As for karma, I was raised in a different state and have never voted for any Democrat in a local election in my eight years here. People move into and out of Pittsburgh all the time, though the former will stop Pittsburgh residents had to meet your exacting standards for shaking off the blood debt owed to our ancestors. Also, I'm fairly certain there is nothing like "collective karma" in any reputable line of Buddhism.

As for your six figure salary, I'm sure you need to save every penny of it so you can pay a woman not to laugh when you call her "Dagny."

No more bailouts. Any where. Any time. For any one one. Period.

Maybe I missed you complaining about TARP.

Wednesday, November 03, 2010 10:10:00 PM  
Blogger Conservative Mountaineer said...

@MH.. For the record, I was against TARP.

You lost me on the "Dagny". Huh?

Thursday, November 04, 2010 8:13:00 AM  
Anonymous MH said...

You lost me on the "Dagny". Huh?

I could have said, “The venom with which you denounce everyone who doesn’t meet your exacting standards for the way things should have been done in 1975 and the way you wave your salary around like a talisman to say ‘See, I am worthy’ suggests to me that you are a socially-stunted, Ayn Rand-reading, libertarian troll.’”

I could have said that, but I like my way better.

Thursday, November 04, 2010 9:36:00 AM  

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