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Ticking time bomb
From Paul Kane, White Lake Township:
OMG. Who knew? According to an interview of White Lake’s newly elected treasurer Mike Roman by (an) online news service, White Lake was over $3 million behind, as of last year, in funding what includes the government employees’ retirement fund. Thank you, Mr. Roman, for bringing this to our attention.
There is no larger ticking time bomb than all those unfunded pensions for government employees all across our nation (together with unfunded Social Security and Medicare). Someday those current and future retirees are going to be rather uncomfortable when the checks don’t arrive because the money isn’t there.
I would hope that all White Lake employees will do their own due diligence and make sure that promises that were made might one day be kept so that those employees aren’t considered the bad guys when the time bomb goes off. Future taxpayers may not be very understanding when they learn that they, too, have been had.
Gratefully, we may get our local problem resolved. However, that ticking time bomb continues elsewhere and other overspending government folks may think we need to bail out some other failing locality, like maybe Detroit … ?
I can get a real queasy feeling in my gut when one government employee promises another government employee not to worry because they’ll force that third guy over there, regardless of his own hardships, to pay for their benefits for the rest of their lives, but I guess for now that’s how things work. But add to that that they’re not funding those promises? Now the immorality is blatant and obvious to all.
I am so tired of government employees who create problems instead of solve them.
2 Responses to Ticking time bomb
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John Holmes
August 23, 2012 at 10:04 pm
All government employees lack tenacity, drive, the competitive spirit. Thats why they work for the government. Go get a REAL JOB. One where PERFORMANCE and RESULTS COUNT. I too am sick of government “pension’ talk. This country is all but gone due to the entitlement mentalitiy. It starts in the halls of our government.
LM Scolatti
August 30, 2012 at 6:15 pm
I love the troll experts who claim to know sooo much about their government. I’m willing to bet you have no clue just how your life is informed by government service.
In my 15 years as a government employee (non management and non union), I worked harder than any point in my long career. I faced very difficult people with serious problems everyday. The mentally ill, the violent and the narcissistic preeners were may daily contacts. I risked my health and well being to safeguard democracy, providing a service that no free government may do without. I was expert at nearly 1000 sections of law, court cases, rulings and regulation. I once worked 38 hours straight to provide the level of service citizens deserve but won’t pay for.
I paid for my service with:
Daily disrespect from ignorant people like Mr. Holmes
Threats and emotional abuse
Extremely bad human resource management
and, eventually, my poor health.
I left when I realized that my skillset was worth far far more in the private sector. It was the citizens’ loss, but your attitude was a significant factor. But, Mr. Holmes, I earned my pension and the health care I will have at retirement. It is not an entitlement; it was a contract. As one of those who prefers to remain ignorant of the hard work that your government employees provide for you, you like to think that we don’t deserve to be funded in the promises made to us.
Forgive me if I disrespectfully and disdainfully disagree with you. I recommend that you try working any one of a hundred public sector jobs for one day, and you will soon learn how sadly mistaken you are. You will come to understand just how vital the services your government, local, county and state are to your well being and the health and welfare of you and your family. Disrespect for those who help you gets you nothing but disrespect for your ignorance.
Shame on you.