SCOTUS rejects NJ public employee unionistas' demand for excessive pension fund payments

Memo to NJ public employee unions: You can't get blood from a stone.

Promises that can't be kept won't be kept.

And not to put too fine a point on it, but NJ is broke. We don't have the $55 billion the unionistas want. We're never gonna have the $55 billion either.

Oh, but we had it, once, they'll tell us! Give it back!

Sorry, it's gone. Spent. Borrowed. Lost on crummy investments. Or a combination of all 3. A parade of governors and legislatures, Democrat and Republican alike, repeatedly raided and / or failed to fund the pension system.

And the unions went along, for the most part, because they were promised even bigger payouts in "the future." Those payouts weren't funded, but hey, they were promises and we all know that politicians always keep their promises, right?

So now Senate President Steve Sweeney (D-Ironworkers Union) wants to enshrine the pension payment into our state constitution. Ahead of everything else like schools and hospitals and police and snow plowing. Because what's important is protecting public workers' cushy retirement packages.

Unless you're a taxpayer, of course.

He'll probably get his wish. The legislature is overwhelmingly Democrat. And the Democrats believe in government of the unions, by the unions, and for the unions. The folks who pay the bills don't get a vote. At least until basic services stop being provided while unionista retirees live high on the hog.

Then the pitchforks are gonna come out...

Posted at 12:35 by Chris Wysocki   [/nj_politics]   Comments | Perm Link |
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