destruction of unions

[shroomwell]

For those who still don't get it, watch this:

http://www.youtube.com/watch?feature=player_embedded&v=f5rvD_sNX3g

 

[ASH]

Excellent.

 

[CiFIknow]

I apologize, but I was a public employee at one point. I spent 12 years working in County government before I started flying. For my 12 years of service I will collect $28,000 per year after I turn 50, until the day I die. That is in today's dollars, subject to cost of living adjustments after I begin collecting.

If I had stayed until I could retire at full pension (which is age 55), I would have collected 93% of the average of my highest five years of salary. If I would have stayed until retirement I would have picked up as much overtime as I could during my last (highest) five years of work to bolster my pension to be way out of proportion to what I would have made during a regular five year period. Saw every one of my elderly co-workers do just that. My pension would not be subject to bankruptcy or pawning off to the PBGC. It is guaranteed money paid for by whom?? Yes, the taxpayer.

Name me a private sector job that will guarantee you 93% of your salary when you retire, without risk. There are none. Name me a private sector job that would pay you $28,0000/yr. at age 50 for just 12 years of service. Again, there are none. If I was altruistic I would give the money back to the government to help pay down their debt, but I worked in government too long to know that they won't spend the money as wisely as I will.

Corporations have a feduciary responsibility to their shareholders to make a profit. Government has no feduciary responsibility to its shareholders (i.e. taxpayers) to be fiscally responsible. Government just comes back to the taxpayers and says they "need" more money to provide services. They have no bottom line. Government Bureaucrats think they have a tap into an endless well of resources to do what they please. We are at the tipping point where the public sector is almost as large as the private sector. Once the public sector outnumbers private...we will be just like Greece.

 

[pilotyip]

I apologize, but I was a public employee at one point. I spent 12 years working in County government before I started flying. For my 12 years of service I will collect $28,000 per year after I turn 50, until the day I die. That is in today's dollars, subject to cost of living adjustments after I begin collecting.

If I had stayed until I could retire at full pension (which is age 55), I would have collected 93% of the average of my highest five years of salary. If I would have stayed until retirement I would have picked up as much overtime as I could during my last (highest) five years of work to bolster my pension to be way out of proportion to what I would have made during a regular five year period. Saw every one of my elderly co-workers do just that. My pension would not be subject to bankruptcy or pawning off to the PBGC. It is guaranteed money paid for by whom?? Yes, the taxpayer.

Name me a private sector job that will guarantee you 93% of your salary when you retire, without risk. There are none. Name me a private sector job that would pay you $28,0000/yr. at age 50 for just 12 years of service. Again, there are none. If I was altruistic I would give the money back to the government to help pay down their debt, but I worked in government too long to know that they won't spend the money as wisely as I will.

Corporations have a feduciary responsibility to their shareholders to make a profit. Government has no feduciary responsibility to its shareholders (i.e. taxpayers) to be fiscally responsible. Government just comes back to the taxpayers and says they "need" more money to provide services. They have no bottom line. Government Bureaucrats think they have a tap into an endless well of resources to do what they please. We are at the tipping point where the public sector is almost as large as the private sector. Once the public sector outnumbers private...we will be just like Greece.

Hey stop that this is FI, we do not deal in reality here. We only deal with if you are not 100% pro union in every post you are drinking management cool aid

 

[ASH]

I apologize, but I was a public employee at one point. I spent 12 years working in County government before I started flying. For my 12 years of service I will collect $28,000 per year after I turn 50, until the day I die. That is in today's dollars, subject to cost of living adjustments after I begin collecting.

If I had stayed until I could retire at full pension (which is age 55), I would have collected 93% of the average of my highest five years of salary. If I would have stayed until retirement I would have picked up as much overtime as I could during my last (highest) five years of work to bolster my pension to be way out of proportion to what I would have made during a regular five year period. Saw every one of my elderly co-workers do just that. My pension would not be subject to bankruptcy or pawning off to the PBGC. It is guaranteed money paid for by whom?? Yes, the taxpayer.

Name me a private sector job that will guarantee you 93% of your salary when you retire, without risk. There are none. Name me a private sector job that would pay you $28,0000/yr. at age 50 for just 12 years of service. Again, there are none. If I was altruistic I would give the money back to the government to help pay down their debt, but I worked in government too long to know that they won't spend the money as wisely as I will.

Corporations have a feduciary responsibility to their shareholders to make a profit. Government has no feduciary responsibility to its shareholders (i.e. taxpayers) to be fiscally responsible. Government just comes back to the taxpayers and says they "need" more money to provide services. They have no bottom line. Government Bureaucrats think they have a tap into an endless well of resources to do what they please. We are at the tipping point where the public sector is almost as large as the private sector. Once the public sector outnumbers private...we will be just like Greece.

Holy Smokes that was a good post. There is hope yet!

 

[jhwk0309]

CiFIKNOW,

I am curious as to what your job was in the County. Were you law enforcement, a fire fighter, or admin?

jhwk

 

[densoo]

The problem is, from MSNBC to Fox to Colbert Report to The View, few precede the word "union" with the word "public" or "private"--it's just "unions."

All unions are bad. And that's bad for pilots.

 

[dragontamer]

CiFIKNOW,
Thanks for your post and your candor. How anybody can think the spending on the Public Sector is sustainable is beyond me. And yes, I put the blame squarely at the foot of Public unions. There should be none. Period. The military does not have them and there is no outrage inside or outside the military.

 

[CiFIknow]

CiFIKNOW,

I am curious as to what your job was in the County. Were you law enforcement, a fire fighter, or admin?

jhwk

Law Enforcement.

 

[livin'thesim]

I have spoke with plenty of ALPA pilots who see the reining in of public unions as very good for us. It illustrates the difference between pubic and private, and it helps curb the abuses which were almost all on the part of public unions.

If we let public unions continue to screw the taxpayer, they may sooner or later have turned against private unions as well.

The public unions created this problem, I am not willing to expend any of my political capital to rescue them. They would never stand up for me.