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Blake
| Posted on Thursday, September 22, 2011 - 01:33 pm: |
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When do we resurrect the old deterrent of tar & feathering and riding crooks and thugs out of town on a rail? http://www.chicagotribune.com/news/local/ct-met-pe nsions-gannon-20110922,0,913026.story
...his pension is so high that it exceeds federal limits and required the city pension fund to file special paperwork with the Internal Revenue Service to give it to him. Gannon's inflated pension is a prime example of how government officials and labor leaders have manipulated city pension funds at the expense of union workers and taxpayers. Like other labor leaders, he was able to take a long leave from a city job to work for a union and then receive a city pension based on a high union salary. Gannon is eligible for the lucrative pension deal only because City Hall rehired the former Streets and Sanitation Department worker for a single day in 1994, then granted him an indefinite leave of absence. Gannon quickly rose to become one of the most powerful labor leaders in the city, speaking on behalf of more than 300 Chicago-area unions as president of the Chicago Federation of Labor. State law allowed Gannon to retire from the city in 2004, the year he turned 50; since then, he has received about $1 million from his city pension. He stands to collect approximately $5 million during his lifetime, according to an analysis based on the fund's actuarial assumptions. Until last year, that pension came on top of Gannon's union salary, which had grown to more than $240,000. He now draws the pension while working for a hedge fund, Grosvenor Capital Management, that does work with public pensions, including the Teachers Retirement System of Illinois. The firm also was one of Mayor Rahm Emanuel's largest campaign contributors. Prison is too good for these kinds of looters. |
Nobuell
| Posted on Thursday, September 22, 2011 - 01:43 pm: |
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Welcome to Chicago/IL politics. Make you proud they are in the White House now. |
Crusty
| Posted on Thursday, September 22, 2011 - 02:16 pm: |
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You know; that's almost as bad as getting elected to Congress for one term. Then you can collect 100% of your salary as pension for life, plus you get 100% medical coverage for life! Who is the bigger crook? |
Reindog
| Posted on Thursday, September 22, 2011 - 02:22 pm: |
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Blake beat me to this posting which was also blogged by James Taranto in the WSJ yesterday entitled "The Five Million Dollar Man." http://online.wsj.com/article/best_of_the_web_toda y.html Where's Waldo, I mean, Rocco? Your Union dues and tax dollars hard at work to rip us all off. |
Reindog
| Posted on Thursday, September 22, 2011 - 02:24 pm: |
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Crusty, wrong argument. Both are wrong and the taxpayer can't afford either. |
Sifo
| Posted on Thursday, September 22, 2011 - 02:28 pm: |
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It takes 6 years to get a pension in Congress, so one term is a half truth. True for the Senate but not the House. Not that I'm defending it. |
Sifo
| Posted on Thursday, September 22, 2011 - 02:31 pm: |
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This is more of what's wrong with Congress... Awkward: House leaders to honor Rangel nine months after censure |
Rocketsprink
| Posted on Thursday, September 22, 2011 - 05:43 pm: |
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"Where's Waldo, I mean, Rocco? Your Union dues and tax dollars hard at work to rip us all off." Making $51.20 an hour on the check with healthcare and 2 pensions. Man, I love working in Chicago!!!!!!!!!!!!!!!!!
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Rocketsprink
| Posted on Thursday, September 22, 2011 - 05:48 pm: |
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Don't forget 1.5 OT after 8 hours and double time! HELL YEAH BABY!!!!!!!!!! RAKING IN THE $$$$$$$$$ |
Rocketsprink
| Posted on Thursday, September 22, 2011 - 05:58 pm: |
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And company van, company credit card and company insurance covers the van. |
Rocketsprink
| Posted on Thursday, September 22, 2011 - 06:02 pm: |
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I know. I'm a wage earner and all Republicans hate wage earners. Unless you're a "job creator" you should be living in poverty. If that's what you believe, go live in Communist China. The blueprint for the Republican parties idea of how business should be. |
Aesquire
| Posted on Thursday, September 22, 2011 - 06:51 pm: |
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I thought it was Barack who preferred the Chinese way? Pesky Congress. I'd like a little reference on the wage earner bit. Is that from CPUSA? Huffpost? Attackwatch.com? Not that I like the republican party, mind you. Just want to know facts to dislike them by. Congrats on the job, Love OT. ( don't have a choice where I work. They made all the jobs 9 hours long. ) |
Strokizator
| Posted on Thursday, September 22, 2011 - 07:11 pm: |
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HELL YEAH BABY!!!!!!!!!! RAKING IN THE $$$$$$$$$ And worth every penny huh? If you were to start your own company, would you sign a union contract? It's been my experience that most ex-union sprinkler fitters go non-union when they're the ones paying the bills. Enjoy it while you can though. I don't begrudge anyone a little windfall now and then. |
Reindog
| Posted on Thursday, September 22, 2011 - 07:29 pm: |
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Dang Rocco, I meant the Union boss thugs, not the Union workers. So what are you drinking: Budweiser or Double Arrogant Bastard? |
Kenm123t
| Posted on Thursday, September 22, 2011 - 10:52 pm: |
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The question is how much pipe does he hang in a day? Along with time loafing at the supply house? |
Fast1075
| Posted on Friday, September 23, 2011 - 06:33 am: |
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Ken, those lines at the supply house are MIGHTY long..it can take HOURS!!! and the TRAFFIC... (where is that tongue in cheek emote?) |
Blake
| Posted on Friday, September 23, 2011 - 07:09 am: |
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Rocco, You're defending this? Really?
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Prowler
| Posted on Friday, September 23, 2011 - 07:30 am: |
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Wow, let's hear it for the Unions and all the slackers they protect............... |
Cowboy
| Posted on Friday, September 23, 2011 - 07:43 am: |
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Rocket I was a wage earner, before retiring. Besides my public job I ran and operated my farm and ranch I also owned and operated a sea food processing plant. Because of Big Goverment Reg. I had to lay off 40 men and women. also my dealing with the union was only on one ocasion They were so far behind the times had I signed with them I would have got a $400.00 per day pay cut,(yes you read it correct) I was already making $900.00 per day. I found I was better acting for my self than to have some one runing my life. In short Big Gov. and Unions SUCk. |
Court
| Posted on Friday, September 23, 2011 - 08:49 am: |
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It's not the money . . . it's not the overtime . . it's not the conditions of employment (the only 3 things under the NLRA that are in play) . . . it, frankly, is the quality of work. There was a day when "Union" equated to "trained, top quality, safe" and other such attributes. There was also a time when "non-union" meant anything . ."dangerous, cheap or shoddy" you could slip by an owner. Those days are history. The quality of union work has dropped like a rock. The quality and structure of non-union labor has improved to nearly world class. When I moved to NYC about 14 years ago if you so much as muttered the words "non-union" . . you'd have your legs broken. Today only a fraction of the construction work is performed by union forces. Its unfortunate because there are some REALLY skilled folks and good companies. But the national organizations cling to the "no worker left behind" thinking that has them protecting things that range from lack of skill to outright criminal behavior. I think there is a chance for a rebirth of union labor . . but it'll have to gain traction among the members, the leaders will never let go of the deal they currently have. The same could be same for the old phrase "Made in America". It wasn't costs that robbed it of it's worldwide meaning, it was degradation of quality and integrity. |
Cowboy
| Posted on Friday, September 23, 2011 - 08:54 am: |
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It looks like to me that people who realy want the unions are very short on self confidence |
Chauly
| Posted on Friday, September 23, 2011 - 09:59 am: |
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Being in a Right-to-Work state has given me a perspective on Union vs. Non-Union labor. Court is right in that "Union" used to mean Quality & Performance. 25 years ago, I would use nothing but if it involved HP steam or hazardous material. The others were used for paper stock lines and other low-pressure work. Such is not the case, nowadays. The only thing extra you get when using Union labor is an extra invoice or three, not a better job. The secret to a better job is know what you're asking for, see what you're getting, and question everything. If that's not "Caveat Emptor", I don't know what is... The funny thing about the unions at the paper mill that I work at is that they seem to appreciate the fact of the existence of the mill and the jobs it provides. They were represented by the Steel Workers up to a few years back, and the union tried to screw up the labor/management relationship during negotiations. The workers kicked out the USW and formed their own union! |
Reindog
| Posted on Saturday, September 24, 2011 - 03:04 pm: |
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Earth to Rocco, Earth to Rocco. Come in, Rocco. I think Rocco is trolling faster than the speed of light. Where's Rocco? |
Mtjm2
| Posted on Saturday, September 24, 2011 - 04:52 pm: |
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At the wage and bennies they get , what company or person can afford to buy what they sell or produce ! OH NEVER MIND ! WE the tax payers can . When GM ( Obama ) motors was in trouble ,about 4000.00 of each sale went to pay retiries. A reporter did a story about the workers at a car factory drinking and smokin pot on their lunch break . The NEA puts bad teachers in a safe place away from the students and still pays them full salary and bennies . I think Blake started this thread just to tick me off more than I am ! |
Mr_grumpy
| Posted on Saturday, September 24, 2011 - 05:17 pm: |
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Damn you guys slay me, you all be careful it's a long drop from a high horse. Rocco get what you can while it lasts, union or not. Before anyone asks, yes I used to be a Union member in the UK in a union that looked after my interests (URTU). When they got squeezed out of my workplace by a bigger union (TGWU) we (the drivers) lost a lot of fringe benefits. The office & warehouse staff were behind the move & gained absolutely nothing except the satisfaction of screwing over the drivers. I had no choice at that time & was forced to sign with the big union, but the company spirit was broken, & the management didn't like the big union so they "restructured" & made us all redundant. I'm all for unions that are there to look after their people, those that are there to look after the union itself can go do the other thing. Oh & one other thing, baiting someone til he bites then calling him troll makes one look neither big nor clever. I'm done on this thread. |
Reindog
| Posted on Saturday, September 24, 2011 - 05:50 pm: |
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Rocco is awesome. I love it when he posts. |
Mtjm2
| Posted on Saturday, September 24, 2011 - 06:10 pm: |
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Gumpy ! YOU HAD NO CHOICE ???? REALLY ??? |
Ferris_von_bueller
| Posted on Saturday, September 24, 2011 - 06:21 pm: |
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Rocco get what you can while it lasts, union or not. Exactly. Democrat or Republican - union or non-union they are in it for themselves and you can take that to the bank. Politicians have egos the size of Mount Everest or they wouldn't be in politics to begin with. Both sides are all about the business of doing someone's bidding to the benefit of themselves and to the detriment of the rest of us. There is no such thing as "fair" and even if there were who decides what's fair? What's fair to you is unfair to someone else. What it's really all about is competition among groups and individuals. So, take what you can get and raise up your middle finger to those that would leave you with less. |
Britchri10
| Posted on Saturday, September 24, 2011 - 06:29 pm: |
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Mtjm2: Re: "No choice": look up "closed shop" as it applies to employment in the UK. Chris C (Former ASTMS Member- for the same reason!) Viva Clive Jenkins! |
Mtjm2
| Posted on Saturday, September 24, 2011 - 06:33 pm: |
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WWED? |
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