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Tag: political classBy Jack McHughs Blog, Section News
Today the Michigan Senate Appropriations Retirement Subcommittee took testimony from a bond brokers' lawyer on House Bill 4075, which would allow local governments to borrow to establish funds from which would be paid post-retirement health care benefits they've said over the years they would provide to retired government workers.
Note the careful phrasing: "Benefits they've said over the years they would pay." The first "they" is current and past politicians, and the second "they" is future taxpayers. Read on... (4 comments, 479 words in story) Full Story By Jack McHughs Blog, Section News
(Cross-posted from the Mackinac Center website. This is part of a Tea Party Activists "Tool Box" that also includes "Tea Party Activists Have Attitude" and "Ten-Minute Tea Party Activist."
Name of candidate, and office sought:________ Part 1 -- These specific measures received votes in the Michigan Legislature. How do you think you would you have voted?
By Jack McHughs Blog, Section News
(Cross-posted from the Mackinac Center website. This is part of a Tea Party Activists "Tool Box" that also includes "Tea Party Activists have Attitude" and "Candidate Questionnaire for Tea Party Activists.")
Ten things you can do to keep the Tea Party movement moving ahead:
By Jack McHughs Blog, Section News
(Promoted by Nick...)
(Cross-posted from the Mackinac Center website; this is part of a Tea Party Activists "Tool Box" that also includes "Ten-Minute Tea Party Activist" and "Candidate Questionnaire for Tea Party Activists.") Samuel Adams, widely believed to be the instigator of the Boston Tea Party, once said that it didn't take an activist majority to prevail, "but rather an irate, tireless minority keen to set brush fires in people's minds." Setting brushfires requires attitude, especially during a time described by Adams, "when vain and aspiring men shall possess the highest seats in Government, (and) our country will stand in need of its experienced patriots to prevent its ruin." The following describes an attitude that, if widespread, would vastly improve the incentives of lawmakers to honor the principles of limited government.
(13 comments, 1075 words in story) Full Story By Jack McHughs Blog, Section News
(Cross posted from Jack McHug's Blog.)
A disturbing sidelight to the successive budget "crises" is the things you learn about where some of the money goes in that $43 billion monstrosity called the State of Michigan budget. For example, the political class and its mainstream media adjunct are about to get all breathless about State Police layoffs that are reportedly under discussion. The MIRS newsletter says that 81 spanking-new state troopers fresh out of police academy will be eliminated, although the jobs might be "saved" if some 70 older cops are bribed with a pension boost to retire early, and presumably forego entering a "DROP" program. What is a DROP program, you ask? It amounts to pension double dipping scheme: Troopers start getting a portion of their pension while still working and simultaneously collecting their regular salary. The amount of pension they can collect is 30 percent the first year, 50 percent the second, and then increases 10 percent each year until eventually they are getting full pension and full pay before they have retired. The money is not paid out to them immediately but is deposited into an interest-bearing retirement account they get when they really retire. That's nuts, of course. No sane private sector employer would give away such a benefit. We offer one because legislators abandoned their fiduciary duty to be responsible stewards of the public fisc and gave away a huge pile of loot to a powerful public employee union. The rationale under which that caper was foisted on taxpayers was that Michigan State Police are eligible to retire and collect their pensions after just 25 years of service with no minimum age. As a result it's not uncommon to have age 40-something men and women in the prime of life eligible to call it a career and head for the beaches, spending the last 35-40 years of their lives lounging at taxpayer expense. Needless to say this causes potential staffing problems at the MSP. Rather than fix the problem in a rational and fiscally prudent way - establish a minimum age of say 55 or 65 before an individual can start collecting a pension - the political class gave away some boodle in the form of a goofy DROP program as an incentive to keep troopers working. Pretty sweet deal, huh? Sweet for the troopers, but not for the taxpayers. And just one more example of why you should never believe a politician who says, "Our budget has been cut to the bone." |
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