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<blockquote data-quote="Babagounj" data-source="post: 1561783" data-attributes="member: 12952"><p>The point I was attempting to make was my roads & bridges were not being fixed due to necessary funds being diverted into under funded pension funds .</p><p>When a one party run area makes the rules for decades every citizen loses . The unions always get what they want in exchange for their votes . </p><p>Thus The Teachers Union is able to hire and keep their salaries high thus showing other city unions how to do the same . Promises were made to fund all the pension funds at high rates , but when the economy falls problems arise .</p><p>The City of Chicago was an example used as having a problem with elected officials making promises that they knew would have to be handle with long after they had died .</p><p>Many major cities and even our own pension funds are in this same danger .</p><p>Promises made years ago are no long valid in a falling economy .</p><p>The Federal Gov't has set standards on which pension funds are at critical stages which might cause payment amounts in the near future to be decreased .</p><p>When the cities reach this critical stage , the elected officials will not be able to lessen the salaries without losing their own power to maintain office so other city services will suffer .</p></blockquote><p></p>
[QUOTE="Babagounj, post: 1561783, member: 12952"] The point I was attempting to make was my roads & bridges were not being fixed due to necessary funds being diverted into under funded pension funds . When a one party run area makes the rules for decades every citizen loses . The unions always get what they want in exchange for their votes . Thus The Teachers Union is able to hire and keep their salaries high thus showing other city unions how to do the same . Promises were made to fund all the pension funds at high rates , but when the economy falls problems arise . The City of Chicago was an example used as having a problem with elected officials making promises that they knew would have to be handle with long after they had died . Many major cities and even our own pension funds are in this same danger . Promises made years ago are no long valid in a falling economy . The Federal Gov't has set standards on which pension funds are at critical stages which might cause payment amounts in the near future to be decreased . When the cities reach this critical stage , the elected officials will not be able to lessen the salaries without losing their own power to maintain office so other city services will suffer . [/QUOTE]
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