Quote:
Originally Posted by randolph
SMC
The employees have a right to whatever was negotiated with the County. I am not blaming the employees for the lack of funds necessary to pay their retirements. Riverside County finances depend to a large extent on development fees and taxes. Development has crashed in this area resulting in severe economic distress for the County. As with other government agencies they spend more they can bring in. I doubt any agency keeps its retirement program fully funded at all times regardless of the current economy. Consequently, the County is faced with a future shortfall in its retirement system.
Is it fair that the taxpayers will ultimately be required to fork up the money to pay for these very generous retirements approved by County administraters? Needless to say Riverside County voters are thoroughly pissed off.
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No, it's not fair that taxpayers -- working people themselves -- should bear the brunt of this. As I wrote earlier, the answer, as far-fetched as it may seem, lies in addressing the criminal behavior of those who are truly responsible for the problem. There is MORE THAN ENOUGH money to pay these pensions, pay for universal healthcare, free college tuition for every American, daycare, job training, ... you name it. The problem is not how much money there is, but who has stolen it and continues to hoard it, and who enables this on the criminals' behalf (Democrats and Republicans alike).
The first step is to acknowledge the truth. I'm still waiting for that from you, Randolph. Based on what you've written many times, I'm finding it difficult to understand why it's taking so long. I recognize that you are probably one of those Riverside County taxpayers. But at the same time that you angrily accept your fate -- to have to pay for these pensions -- is it not possible to acknowledge that in doing so you are being stolen from by the very people who should be giving back the money for those pensions?