RE: Hope & (Pocket) Change

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RE: Hope & (Pocket) Change - 8/31/2013 11:28:46 PM

Phydeaux

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Hmmm.. last I checked the Pittsburgh's pension fund is distressed.. funded at what 52%? Seems to me, its supposed to be funded at 70%...?
Seems to me the entire state of PA has what.. 40 billion in unfunded pension liabilities.

Yea, I'm not really sure that qualifies as good governance.

(in reply to MrRodgers)

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RE: Hope & (Pocket) Change - 8/31/2013 11:57:05 PM

DaddySatyr

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From: Pittston, Pennsyltucky
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quote:

ORIGINAL: MrRodgers

Why don't you give us some specific policies of Obama's that have been effect for these 1 1/2 terms that has caused what you seem to think is less than satisfactory numbers ? I don't want any generalities or suppositions.

I want part & parcel specifics of just exactly Obama's policies currently in place and in effect that we are to blame him and not the economy Bush left him and...I want what is your assessment of what should have been done instead of those polices that have actually been at work

I don't want any comparisons, I want actual policy and law that should be different, why and how they would have been better.

That's an easy one. Sen. Obama promised to undo the damage done to our civil liberties that were perpetrated by the PATRIOT Act. President Obama has expanded the act.

Fail sauce.

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RE: Hope & (Pocket) Change - 9/1/2013 12:38:30 AM

tazzygirl

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quote:

Hmmm.. last I checked the Pittsburgh's pension fund is distressed.. funded at what 52%? Seems to me, its supposed to be funded at 70%...?
Seems to me the entire state of PA has what.. 40 billion in unfunded pension liabilities.

Yea, I'm not really sure that qualifies as good governance.

The stats is GOP ran.

Pittsburgh has about 62 percent of the money necessary for a $1 billion retirement liability.

http://triblive.com/news/allegheny/4502035-74/pension-money-funds#ixzz2dceumvmk

Chicago.... Its plans were funded at 36 percent by the end of 2012, city documents say.

As far as the state.... The current $41 billion shortfall means that the two state pension plans, one for state workers, including lawmakers, and one for teachers are funded at about 68 percent, according to the Pittsburgh Post-Gazette.

I think Pittsburgh is doing pretty good.

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RE: Hope & (Pocket) Change - 9/1/2013 9:58:12 AM

Phydeaux

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... .

< Message edited by Phydeaux -- 9/1/2013 9:59:31 AM >

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