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Pennsylvania Real Estate News, Views and Rants

Enjoy the views and thoughts of John Rainville a Real Estate Broker in PA running a three office firm covering twelve counties from the Maryland line to the Pocono Mountains. Rainville is considered to be one of the foremost experts in Internet lead conversion.
WTF? They want EVERY Taxpayer in PA to kick in $1500 EACH for what!

WOW!

I just saw that some in our Pennsylvania Government are suggesting that EVERY PA TAXPAYER

be hit with a $1500 charge to cure the PENSION SHORTFALL of 5 BILLION DOLLARS!

WTF?

So when did a Government job entitile ANYONE toa GUARUNTEED RETIMENET PLAN?

Do you have one?  Hell the steel industry and the car workers had to renegotiate and reduce

their benefits---yet the PA Supreme Court WON"T let the Collective Bargaining of the Govt Workers be

"Reopened".

Quite simply folks this is unadulterated BULLSHIT!  IT STINKS!

We CANNOT AFFORD TO PAY THE RIDICULOUS pensions and benefits that our Teachers unions, and others

have strapped us with---in private industry they have to live with Pension funds that are short  AND SO SHOULD THE GOVERMENT OF PA!

RETIREMENT PLANS that were just INSANE----retire after 30 years work and get what you were making that last year FOR THE REST OF YOUR LIFE?

THINK ABOUT IT!  College til 22 - go teach - hit 52 and RETIRE AT YOUR LAST YEARS PAY FOR LIFE!  Some districts even give you a$10,000 BONUS for retiring!

 

IT's BASIC MATH NOT ROCKET SCIENCE:

 

If the "retiree" put in $5,000 a year for 30 years and it had DOUBLED to $300,000 the interest would be --- what  $15,000 per year PLUS their Social Secuirty----that's reasonable.

REAL WORLD -- I know of educators getting $80,000 a YEAR FOR LIFE!  So that $300,000 would be done in what EIGH YEARS?  So now they are 60 and IF they just live to 72 that is another MILLON DOLLARS we have to come up with-----DUHHHHHH? 

 

 

Posted: Monday, May 03, 2010 9:18 AM by John Rainville
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