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Thread: That Which Is Unsustainable Will Go Away: Pensions -Tyler Durden

  1. #41
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    Quote Originally Posted by southparkcpa View Post
    The last 10 years has proven, with NO DOUBT, that there aren't sub market wages.

    Public teachers out earn private teachers by double
    Police and Firemen in NY earn on average 100K (google it)
    In Quantams workplace, accountants earn between 50 and 125K
    Most IT people are underpaid, unless you have political connections. Then you are way OVERpaid.

  2. #42
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    The question who will bail out the states when the crap hits the fan. Unions, States and the Federal Government had better address this or they go the way of California, There are not enough 1% ers to cover this mindfield!

  3. #43
    Quote Originally Posted by MnJetFan View Post
    The question who will bail out the states when the crap hits the fan. Unions, States and the Federal Government had better address this or they go the way of California, There are not enough 1% ers to cover this mindfield!
    Maybe Obama's 4 billion dollar a year Buffet Rule tax will fix all these problems?

  4. #44
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    Quote Originally Posted by quantum View Post
    Most IT people are underpaid, unless you have political connections. Then you are way OVERpaid.

    Disagree..when I worked for your group, they still used punch cards. The HEAD of IT made a statement in a meeting that he wanted to stay on punch cards because they had at least 30 punch card operators.

    Typical government..GROW the government employee workforce to justify the existence.

  5. #45
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    Quote Originally Posted by southparkcpa View Post
    Police and Firemen in NY earn on average 100K (google it)
    ok:

    http://swz.salary.com/salarywizard/F...aboutyou=false

    http://swz.salary.com/salarywizard/p...aboutyou=false

  6. #46

  7. #47
    The Median salaries for NYC was much higher then I thought. Thanks for posting. Now try Long Island, Westchester and Rockland.

  8. #48
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    Quote Originally Posted by chiefst2000 View Post
    The Median salaries for NYC was much higher then I thought.
    Which is good.

    Do you think Guatemalan day laborers from the Home Depot parking lot would have ran into the WTC towers on 9/11?

    Nice to see how one day, these guys were heroes....and now they are the downfall of America.

  9. #49
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    Quote Originally Posted by PlumberKhan View Post
    Which is good.

    Do you think Guatemalan day laborers from the Home Depot parking lot would have ran into the WTC towers on 9/11?

    Nice to see how one day, these guys were heroes....and now they are the downfall of America.
    Depends on how much free crap they were promised. Verified Metro NYC 9/11 first responders have been treated very poorly.

  10. #50
    Quote Originally Posted by PlumberKhan View Post
    Which is good.

    Do you think Guatemalan day laborers from the Home Depot parking lot would have ran into the WTC towers on 9/11?

    Nice to see how one day, these guys were heroes....and now they are the downfall of America.
    You have never seen me post anything about the salaries of firefighters or police. I feel that people that put their lives on the line deserve a special place in our system alongside soldiers. It is the salaries of teachers and government beurocrats that bother me.

  11. #51
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    Quote Originally Posted by chiefst2000 View Post
    You have never seen me post anything about the salaries of firefighters or police. I feel that people that put their lives on the line deserve a special place in our system alongside soldiers. It is the salaries of teachers and government beurocrats that bother me.
    Agreed...the salary is not the big issue. It is moreover the tremendous pension plan and how those plans work. Cuomo and Bloomberg have both cited these plans as unsustainable.

    we have thousands of police and fireman and sanitation workers whose pensions are over 100K tens of thousands whose pensions are over 75K.


    these men and women are entitled to retire in comfort no question but to retire at 50 and under with a 75K plus pension puts a strain on the system.

  12. #52
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    Quote Originally Posted by southparkcpa View Post
    The last 10 years has proven, with NO DOUBT, that there aren't sub market wages.

    Public teachers out earn private teachers by double
    Police and Firemen in NY earn on average 100K (google it)
    In Quantams workplace, accountants earn between 50 and 125K
    In NY, considering the cost of living here,an income of $100k is not that much.

  13. #53
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    Quote Originally Posted by kennyo7 View Post
    In NY, considering the cost of living here,an income of $100k is not that much.
    Why is that relevant?

    My point was that civil wages are NOT below private wages. In fact, far above in almost every category.

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