Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: JohnM who wrote (134475)	3/23/2010 10:36:25 PM
From: Brian Sullivan	Read Replies (1) \| Respond to of 542139

Public-Sector Pensions Aren't Just No Longer Untouchable; the Cuts Are on YouTube -- By: Jim Geraghty How gutsy is New Jersey governor Chris Christie? He's signing bills that reduce the benefits to public-sector pensions. And he's not hiding; he's holding big ceremonies and posting the whole thing on YouTube. Christie: On Senate Bill 2, over the next 15 years, $3 billion. On Senate Bill 4, $5 billion dollars over the next 15 years and most immediately about $315 million for the upcoming fiscal year for local governments and school boards. And on Senate Bill 4, capping some of the abuses that have really outraged the public regarding sick leave and other issues that finally we’ll be getting to put a cap on those things that have so angered the public and made them think that government was not really working to their benefit but working for someone else’s. Video Link: youtube.com;