Government Employee Pensions/Pay

Tom Cross and the public sector employee unions work against limited government

By John Biver

Back in August 2007 I noted this sentence from a news report:

“The crowd of more than 10,000 union members at steamy Soldier Field cheered [Barack] Obama.”

At the time I wondered how our Illinois GOP party and legislative leadership were going to counter that union power. Of course we found out in November 2008 that our “leaders” had no plan. Obama and the state level Democrats swept on election day as expected.

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Illinois Top 100 State Pensions for 2009

Illinois Top 100 State Pensions for 2009

By Bill Zettler

Unsustainable: 3,597 Illinois “Public Servants” Receive $100,000 Plus. Pensions In 2009 Up 12% From 2008. Three “Servants” Pull Down $1,000 Per Day. Six Amazing Facts About Illinois State Pensions: 1. Almost All of These…

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Topinka’s pension and Illinois Republican politicians

By John Biver

Every now and then a mystery gets solved, the curtain is drawn back, the smoke clears out of a back room and what’s really is going on is caught on camera. This is the equivalent of what happened with the news reports this week about former state treasurer and GOP nominee for governor Judy Baar Topinka’s pension.

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Public “pension plans” are actually wealth transfer systems

By John Biver

Did you know that your Social Security benefits aren’t guaranteed? Read Flemming v. Nestor, 363 U.S. 603 (1960). Wikipedia conveniently sums it up:

“[It] is a Supreme Court Case in which the Court upheld the Constitutionality of Section 1104 of the 1935 Social Security Act. In this Section, Congress reserved to itself the power to amend and revise the schedule of benefits.”

Revise means no guarantee. Period.

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