Monday, October 4, 2010

Isn't That Cute?

Headline in the San Diego U-T:

Council commits to achieve savings if Proposition D passes

Well isn't that cute, coming from the political class that got us into this mess. They pass a resolution in which they promise to enact reform. Aren't they adorable? Don't they look so sweet when they pretend they're passing real legislation:

Sanders acknowledged the financial thresholds in the resolution aren’t binding legally.

Well they looked good doing it.

Meanwhile from KUSI:

The pension expert who revealed the outrageous payout's in the city of Bell, has analyzed San Diego's pension payout's.

Marcia Fritz compiled a report from information gathered from San Diego's pension system.
Fritz's analysis projected what the top 10 pensioners would receive over their lifetimes, using their age and life expectancy.

According to Fritz the top 10 pensioners will receive 61-million dollars over 25 years.

Here is the money quote though:

Tuesday, the council will consider one of the 10-reforms tied to the tax increase. This is to increase what elected officials pay toward their pensions. Currently they pay 8%, the reform would boost that to 23%, but the charter says they should pay 50-percent.
The council's unwillingness to enact real reform now is the reason we should vote No on Proposition D. It's really very simple, enact meaningful reform, then see where we stand. No tax increases until that happens.

Join the No on D campaign by clicking below.

More reasons to vote No are at this web site. Oppose the half cent sales tax increase.

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