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Unions Blast Faso’s 401(k) Proposal
The two largest state-employee unions last week blasted Republican gubernatorial candidate John Faso’s proposal to cut the state’s fixed costs by replacing defined public pension plans with less secure salary deferred retirement programs commonly used in the private sector.
Of course they did, they are against any type of fiscal reform. Any cost saving measures that help us, the taxpayer, they are against. If I’m wrong, prove it to me.
11 users commented in " Unions Blast Faso’s 401(k) Proposal "
Follow-up comment rss or Leave a TrackbackGod forbid they would have to suffer with less security like the rest of us.
They prefer to hold a gun to our head and make us pay for thier gravy train.
Yeah…of course those nasty public service unions are fighting to switch to 401(k). Because in the private sector, when corporations try to lower employees salary, the employees say “Thank you for taking my retirement away…while you are at it why don’t you just drop my pay 10% and take away my health insurance. I know I just got diagnosed with Prostate cancer, but its only in the early stages.”
Did anyone on god’s green earth expect anything but a union fight to protect its workers pension?
P.S. I am sure Unions are in favor of getting rid of all of Pataki’s Republican patronage and lowering all elected officials salaries. That saves $$$$
That’s it Jack…the evil capitalists want to lower the employee’s salary. That makes a lot of sense, the employers are somehow going to increase productivity and profits by lowering the incentive for employees to be productive. Pure genius! Give the man an PHD in economics. With thinking like this, now wonder NYS is sinking fast.
Unfortunately the escalating cost of health insurance is due to the government’s tenacious efforts to regulate and cartelize the health care industry since the 60’s. Nobody wants to take away health care coverage, that would be foolish, but then again…how do you compete with the self destructive nature of government?
But then it’s perfectly OK for the noble public unions to lower the income of the private sector taxpayer, so government employees can have more security in old age. Is that right? I should then thank the public unions for taking our retirement away.
I’m all in favor of getting rid of pork and patronage and lowering elected officials salaries. If the typical politician was held accountable for his/her actions like a private sector manager was, they’d be demoted or fired for incompetence.
“self destructive nature of government”…arent we a government of the people, by the people (elected by the people)…so essentially you are calling people self destructive.
There is no self destructive nature of government, unless of course you get your news from Fox News and the Drudgereport and buy into the BS libertarian agenda.
My point wasn’t the evil capitalists…it was to point out the lunacy that the public service employees union would be anything but against the Faso proposal. It would be ridiculous if a private section union would be anything but against a similar type of proposal against there pension fund.
I’m not debating the merits of the proposal - I’m debating the mindless Public Sector union bashing that this post is based around. Why not write a post on the merits of a 401(k) plan instead of union-bashing. Oh yeah, thats right, people like you think public sector unions are to blame for every problem in the area.
“Unfortunately the escalating cost of health insurance is due to the government’s tenacious efforts to regulate and cartelize the health care industry since the 60’s.” How do you explain nations with more government regulation have cheaper health insurance and a larger percentage has it?
Our whole purpose in life is to work and pay taxes for you to be able to enjoy the rest of your life at taxpayer expense.
We forfiet the money we could be putting into our own retirement to fund yours that you pay nothing in to.
Yup, life is good for union members. Life sucks being a taxpayer.
Are you both heads of certain unions here locally, you sure sound like it.
It’s all about what you can get for you, screw everyone else.
No Adam, we are now, and have been for a long time been a government of the special interest, by the special interest and for the special interest.
Obviously you do not pay close attention to the articles Rus posts here, you deny that there is gerrymandering, corruption and graft, and that the politicians use complex laws to raid the public treasury and buy votes to insure their incumbency, and party rule. Elections have turned into a mere circus for entertainment purposes only, a game to see which partisan can capture the hearts and minds of the multitude by promising the most largesse.
You say there is no self destructive nature of government? My god man, take the rose colored glasses off, isn’t the condition of the NYS economy enough evidence?
Surely no sane “government of the people†would try to tax and regulate themselves into prosperity. Is it constructive to create a mass exodus of people and business out of the state, to create those disincentives for business to start up or even stay in business in the state?
Jack, of course the public unions are against the Faso proposal, unions by their very nature a monopoly that will do anything to preserve itself and its gains, no matter how ill gotten they may have been in the first place. And the unjust laws in NYS have given the public unions the collective bargaining ability that insures a win for them every time, no matter how it hurts the general welfare of the state.
Considering the escalating oppressive drain on the NYS taxpayer and the overall economy that the current retirement plan for public sector workers has created over the years, the real question is; was the original system fiscally reckless to begin with?
On the health care issue, which countries are you referring too that have cheaper health care than us? Are you referring to the socialist utopias of Canada, Sweden, Germany and France for example? Are you captivated by the illusion that their government systems produce lower costs and better service? Considering the high level of taxation and additional public debt that those countries have to maintain their so-called “Free Health Care†(a highly deceptive term if you ask me), how can support the fallacy that they have cheaper health care?
Has government price controls ever served the public? Never!
Get the government out of health care, take down the bloated bureacracies, end the onerous regulations and tax payer subsidies, bring back free competition like it used to be and you’ll see cheaper health care and cheaper insurance that more people can afford.
This is the most cynical blog i have ever read.
One man’s cynicism is another mans reality.
You haven’t ventured in to reality as yet.
i think the nys retirement system is a joke,ive been retired now for a yr and they want to play games with me,im trying to get what belongs to me as far as performance of duty pay and all they want is hearings,i have proof and have administered the proof to them but they want to screw around with my life,unlike being a politician and get what they want at our expence ,the working man get left out all the time.
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