NEWJERSEY: “Double dipping” is a universal problem

Sunday, January 2, 2011

http://www.mercurynews.com/ci_16977109?source=most_viewed&nclick_check=1

Double-dipping is common for public-sector ‘retirees’ who take on additional work
By Karen de Sá
Posted: 12/30/2010 05:13:15 PM PST
Updated: 12/31/2010 07:15:00 AM PST

*** begin quote ***

Retirement is a loosely defined term for many Silicon Valley civil servants, who as young as age 50 can begin drawing their pensions even while performing other lucrative jobs on the taxpayer dime.

Newly retired Santa Clara County Fire Chief Kenneth Waldvogel becomes the latest example next week, when he returns to work as a contractor, earning up to $108,480 for the next six months — on top of his $200,000 annual state pension — while the county searches for his replacement.

He joins five other retired Santa Clara County officials who have recently been hired back and are benefiting from a practice critics call “double-dipping.” Meanwhile, the fire chief in the city of Santa Clara has been working under such an arrangement since 2004, when he retired at 53, then immediately returned to his old job, where he continues as a part-timer earning $100 an hour.

*** end quote ***

Story’s from CA, but, rest assured, NJ has the same problem.

Clearly, pensions have to be eliminated. Every private employer has converted to 401Ks.

NJ must do the same thing.

Besides, trusting politicians with one’s retirement money is foolish.

# # # # #


POLITICAL: Why are we funding foreign banks?

Sunday, January 2, 2011

http://www.ft.com/cms/s/0/69728262-11ec-11e0-92d0-00144feabdc0.html#axzz19QtftOot

Non-US banks gain from Fed crisis fund
By Robin Harding in Washington, Bernard Simon in Toronto and Christian Oliver in Seoul
Published: December 27 2010 22:04 | Last updated: December 27 2010 22:04

*** begin quote ***

The Taf was set up in December 2007 to provide one-month loans to creditworthy banks as markets dried up for lending longer than overnight. In August 2008, it began offering three-month loans as well.

Rabobank of the Netherlands and Toronto-Dominion of Canada, two of the only banks in the world with triple A credit ratings, used more than $20bn in cumulative Taf loans.

*** end quote ***

One of the problems that have to be addressed is: “why is the US taxpayer funding foreign banks?”

Personally, I don’t think the taxpayer should be funding ANY bank. But certainly not foreign ones.

# # # # #


POLITICAL: “Campaign FInance” “laws” are used to insure only the very very rich can participate

Saturday, January 1, 2011

http://thehill.com/blogs/blog-briefing-room/news/135387-odonnell-under-investigation-for-campaign-spending

Christine O’Donnell under investigation for campaign spending
By Jordan Fabian – 12/29/10 02:04 PM ET

*** begin quote ***

Federal officials have begun a criminal investigation of defeated Delaware Senate candidate Christine O’Donnell (R) regarding her alleged use of campaign funds for personal expenses.

*** end quote ***

Sure glad the “federal officials” are right on that “investigating opponents” stuff. They are sure Johnny – On – The Spot investigating Democratic corruption. Like in Sacramento!

Too bad CO’D isn’t a witch, she could turn them all into frogs.

And, “Campaign FInance” “laws” are (a) unconstitutional; (b) designed to ensure that only the wealthy can run for office; and (c) a “rigged game” so that lobbyists have the inside track to manipulate the political process for the benefit of all “the insiders”.

Argh!

# # # # #


INTERESTING: Don’t be a “blocwart”!

Saturday, January 1, 2011

http://munchkinwrangler.wordpress.com/2010/12/29/the-snow-gestapo/

the snow gestapo.
By Marko Kloos

*** begin quote ***

In Germany, they have a derogatory name for people with such a mentality: Blockwart. The blockwart was the Nazi party member politically responsible for the city block, and usually also the local Gestapo denouncer, ratting out the people in his neighborhood if they were overheard talking critically about the regime. A Blockwart is the type of unpleasant fellow who will call the cops on neighbors whose hedges are untrimmed, or who park their car half an inch too far away from the curb.

*** end quote ***

I just like having a word for such folks. Now you do too.

# # # # #


POLITICAL: Obamacare will make us worse off

Saturday, January 1, 2011

http://www.boston.com/lifestyle/health/articles/2010/12/24/beth_israel_deaconess_admits_mishandling_three_spine_operations/

Beth Israel erred in 3 spinal operations

Vertebrae mix-ups spur new procedures

By Liz Kowalczyk

Globe Staff / December 24, 2010

*** begin quote ***

Surgeons at Beth Israel Deaconess Medical Center operated on the wrong location on three patients who underwent spine surgery since September, despite taking recommended steps to prevent such errors, prompting federal and state health inspectors to cite the hospital for problems in its surgical service.

In all three cases, the surgeons apparently miscounted the patient’s vertebrae and operated on a vertebra directly above or below the diseased segment, said Dr. Kenneth Sands, senior vice president of health care quality at the Boston hospital.

*** end quote ***

Surprising. But mistakes do happen. While they didn’t kill anyone, clearly they “harmed” the patients involved.

I wonder with Obamacare: (1) How many good docs will stop working leaving us worse off. (2) I’d expect medical “blunders” to increase as the profit motive shifts. (3) And, now that the Gooferment is “in the game”, who will keep “honest stats”?

“We, The Sheeple” have been fooled again.

# # # # #


LIBERTY: A Libertarian’s New Year’s Resolutions by Harry Browne

Saturday, January 1, 2011

http://www.libertyforall.net/?p=5337

A Libertarian’s New Year’s Resolutions
Posted in LFA Flashback by R Lee Wrights on December 30th, 2010
by Harry Browne

1. I resolve to *sell* liberty by appealing to the self-interest of each prospect, rather than *preaching* to people and expecting them to suddenly adopt my ideas of right and wrong.

2. I resolve to keep from being drawn into arguments or debates. My purpose is to inspire people to want liberty — not to prove that they’re wrong.

3. I resolve to *listen* when people tell me of their wants and needs, so I can help them see how a free society will satisfy those needs.

4. I resolve to identify myself, when appropriate, with the social goals someone may seek — a cleaner environment, more help for the poor, a less divisive society — and try to show him that those goals can never be achieved by government, but will be well served in a free society.

5. I resolve to be compassionate and respectful of the beliefs and needs that lead people to seek government help. I don’t have to approve of their subsidies or policies — but if I don’t acknowledge their needs, I have no hope of helping them find a better way to solve their problems.

6. No matter what the issue, I resolve to keep returning to the central point: how much better off the individual will be in a free society.

7. I resolve to acknowledge my good fortune in having been born an American. Any plan for improvement must begin with a recognition of the good things we have. To speak only of America’s defects will make me a tiresome crank.

8. I resolve to focus on the ways America could be so much better with a very small government — not to dwell on all the wrongs that exist today.

9. I resolve to cleanse myself of hate, resentment, and bitterness. Such things steal time and attention from the work that must be done.

10. I resolve to speak, dress, and act in a respectable manner. I may be the first libertarian someone has encountered, and it’s important that he get a good first impression. No one will hear the message if the messenger is unattractive.

11. I resolve to remind myself that someone’s “stupid” opinion may be an opinion I once held. If *I* can grow, why can’t I help *him* grow?

12. I resolve not to raise my voice in any discussion. In a shouting match, no one wins, no one changes his mind, and no one will be inspired to join our quest for a free society.

13. I resolve not to adopt the tactics of Republicans and Democrats. They use character assassination, evasions, and intimidation because they have no real benefits to offer Americans. We, on the other hand, are offering to set people free — and so we can win simply by focusing on the better life our proposals will bring.

14. I resolve to be civil to my opponents and treat them with respect. However anyone chooses to treat me, it’s important that I be a better person than my enemies.

Originally published by Harry Browne in 1998.

# # # # #