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Pelosi Backs Govt. Workers Over Us
Federal government workers, incredibly, make on average twice what we tax-slaves make in the private sector. Reported USA Today: “At a time when workers’ pay and benefits have stagnated, federal employees’ average compensation has grown to more than double what private sector workers earn, a USA TODAY analysis finds. “Federal workers have been awarded bigger average pay and benefit increases than private employees for nine years in a row. The compensation gap between federal and private workers has doubled in the past decade. “Federal civil servants earned average pay and benefits of $123,049 in 2009 while private workers made $61,051 in total compensation, according to the Bureau of Economic Analysis. The data are the latest available. “The federal compensation advantage has grown from $30,415 in 2000 to $61,998 last year.” Yet these federal fat cats are whining that they might have to pay a little more into their pensions, instead of sticking the tab — really, a future debt — to taxpayer-slaves.
“House Minority Leader Nancy Pelosi told The Daily Caller that federal employees should not have to ‘carry an undue burden’ by paying more into their pensions to fund legislation that would extend the payroll tax cut and unemployment insurance for a full year…. “Congressional negotiators had reportedly considered requiring all federal employees to contribute an additional 1.5 percent into their pensions to partially pay for a package that would extend the payroll tax cut and unemployment benefits. At this point, they have agreed to require only new federal employees to put an additional 2.3 percent of their salaries toward pensions.” Pelosi = The 1 PercentPelosi’s problem is that she’s an elitist. Her personal wealth puts her not just in the “1 percent” of wealthy Americans, but way higher. As CBS’ “60 Minutes” reported last November, Pelosi was one of the crony congresspersons who took advantage of loopholes in ethics laws to profit from initial public offerings (IPOs) of stocks: “And former House Speaker Nancy Pelosi and her husband have participated in at least eight IPOs. One of those came in 2008, from Visa, just as a troublesome piece of legislation that would have hurt credit card companies, began making its way through the House. Undisturbed by a potential conflict of interest the Pelosis purchased 5,000 shares of Visa at the initial price of $44 dollars. Two days later it was trading at $64. The credit card legislation never made it to the floor of the House.” Let’s do the math. In two days, she made $20 on 5,000 shares. That’s $100,000. Put another way, it’s $50,000 a day. Multiply that by 366 days in 2008, and that comes to $3,250,000 a year. Pelosi’s real “constituency” is the fat goverment workers whose double-America wages and pensions she bloated and now defends, the high-dollar liberal elite of San Francisco, fellow mega-wealthy congress persons and extremely wealthy lobbyists. Our public servant! Feb. 21, 2012
Tags: IPOs, John Seiler, Nancy Pelosi, pensions, San Francisco Comments(6) |
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May 23, 2012
Nothing new, the empire is crumbling due to greed. And $$$ Buys all the favors you want in Gov.
Citizens United didn’t help our country one bit-thank you SCOTUS Chief Justice Roberts.
I love the feigned rage, John!
SkippingDog:
Feigned?
– John Seiler
All the pols are dirty. The newly elected ones come in with high ideals and clean noses – but once they learn the ropes – they turn just as dirty as all the rest.
I don’t believe in any politician – not even Ron Paul.
Roll Call reported today that a financial investigation determined that Ron Paul has been getting reimbursed twice for his airline ticket purchases – once by political and non-profit organzations that he controls and once more by the taxpayers. 26 double reimbursements have been verified so far. 33 more are under suspicion. Ron Paul needs to address this publicly to clear the air. So far I have heard nothng from him or his office. I am so sick and tired of politicians raking us over the coals, particularly by those who proclaim to be on the ‘good guys’ team.
Nothing is too good for our government masters and their minions.
And bug-eyed Peolosi is incredible. About 105 years old and not one gray hair on her head. Although I think you could have picked a more accurate photo:
http://www.rumormillnews.com/pix5/pelosi-clown.jpg
“I love the feigned rage, John!”
Even though Blowsi is nothing more than a criminal, I suspect that like me, John used to be outrage but now he is just amused.