We have seen the future, and it sucks.

How Public Unions Bankrupted San Bernardino, CA

15th November 2012

Read it.

How does a city of 200,000 people go bankrupt? In the case of San Bernardino, CA, the answer is unsustainable pension obligations pushed by union-backed politicians.

Not that there’s anything wrong with that…

In 2009, patrol lieutenant Richard Taack retired at the age of 59, after 37 years of service. He took home $389,727 that year, including $194,820 in unused sick time and $33,721 for unused vacation time, according to city payroll records. Shortly after Taack retired – on an annual lifetime pension of $128,000 – he was hired part-time by Penman’s city attorney’s office, at $32 an hour.

Damn, I’m in the wrong line of work.

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