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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

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    Completely Clueless? | 4 comments (4 topical, 0 hidden)
    New Jersey (none / 0) (#1)
    by grannynanny on Tue Feb 16, 2010 at 06:07:39 PM EST
    Pull up the full context of Chris Christie's speech in New Jersey concerning their budget and financial woes and it is quite an eye opener!  He cited the union contracts with govt. employees and retirees and it was to say the least very disheartening that a public employee with 25 years of service, contributing only $124,000 over that 25 yrs. to their retirement, drifts into their retirement years with a payout of $3.3 million and $500K in health benefits from the state.  How can ANY state survive that?

    I tried looking up the figures for Michigan but I can't find what percentage the employee is contributing.  We do pay out a pretty penny in health benefits - I did find that.  I'll keep digging.

    In the mean time it appears that our state is in the same condition as New Jersey and the car companies.  We cannot afford the legacy costs imposed on the taxpayer.  It is going to bankrupt the state way sooner than expected.

    Completely Clueless? | 4 comments (4 topical, 0 hidden)
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