The legislature and the Governor elect will be dealing with a huge projected deficit. One of the largest parts of the state's deficit is the union controlled state government payroll and another is the pension and other retirement benefits the employees receive. How many of the appointees ran uncontested races and still received public election funds?
So what is Malloy's first action? Beef up the pensions of people like DeFronzo and Geragosian. How many pensions will DeFronzo collect before he's done feeding at the public trough?
So, Malloy's promises are no less vacuous than those of anybody else!
The special elections needed to replace the legislators will cost extra money to their communities...if they have money left in their campaign coffers, they should apply it to the charges made to the special election.
As I've said before, not only did these candidates waste tax dollars - especially Geragosian, they also lied to the voters. How can you knock on doors, look voters in the eye and tell them all they things you're going to do to improve their lives, when you know that you have a job waiting in the wings? Both Geragosian and DeFronzo misled the public and took money under false pretenses.
Yes, they were not sure that Malloy was going to be elected, but then they should have told voters, I'm going to represent you - that is unles Malloy gets elected, in that case I am going to abandon this community for a six figure job and fat pension.
Maybe they would have still gotten elected, but at least they would have been honest.
DeFronzo cost taxpayers $88K Gergagosian $26K Special election another $25K
Sounds like pure selfish greed on the part of DeFronzo and the Middletown Press apparently agrees with me!
"The new positions for the resigning legislators will pay more than $100,000, some of them much more than that. And since pension payments for state employees -- including legislators and political appointees -- are determined in large part by their earnings in their last three years of state employment, these legislators will vastly increase their pensions if they manage to stick around for just three more years."
With his huge 6 figure salary at our expense, he can certainly afford to pay us back for financing a campaign for an office he never intended to accept, can't he?
FCTO - The Federation of Connecticut Taxpayer Organizations - Contact Susan Kniep, President Website: http://ctact.org/ Email: fctopresident@aol.com Telephone: 860-841-8032
Connecticut property owners pay one of the highest property taxes in the country, second to New Jersey. Many in our state are struggling now to pay their property taxes. An added property tax will drive many Connecticut residents from their homes through Tax Lien sales.
Yet, all Connecticut taxpayers are victims of the inability of our State elected officials to control spending while giving into union demands where many pensions exceed $100,000, $150,000 and more.
The State Bond Commission just approved another $20 million in bonding. The latest Fiscal Accountability Report highlights CONNECTICUT DEBT - 72 BILLION DOLLARS.
BREAKDOWN OF CONNECTICUT’S $72 BILLION DOLLAR DEBT.... 1) Debt Outstanding $19.3 2a) State Employee Pensions – Unfunded $11.8 2b) Teachers’ Pensions – Unfunded $9.1 3a) State Post Retirement Health and Life – Unfunded $26.6 3b) Teachers’ Post Retirement Health and Life $2.9 4) Generally Accepted Accounting Principles Deficit $2.3 Total $72 BILLION The Question is - Is CT Going Broke $$$$$$$$$.
Anonymous said... Susan Kniep is correct about this state of Connecticut going b...b...b...broke!
The legislature and the Governor elect will be dealing with a huge projected deficit. One of the largest parts of the state's deficit is the union controlled state government payroll and another is the pension and other retirement benefits the employees receive. How many of the appointees ran uncontested races and still received public election funds?
ReplyDeleteSo what is Malloy's first action? Beef up the pensions of people like DeFronzo and Geragosian. How many pensions will DeFronzo collect before he's done feeding at the public trough?
So, Malloy's promises are no less vacuous than those of anybody else!
The special elections needed to replace the legislators will cost extra money to their communities...if they have money left in their campaign coffers, they should apply it to the charges made to the special election.
ReplyDeleteAs I've said before, not only did these candidates waste tax dollars - especially Geragosian, they also lied to the voters. How can you knock on doors, look voters in the eye and tell them all they things you're going to do to improve their lives, when you know that you have a job waiting in the wings? Both Geragosian and DeFronzo misled the public and took money under false pretenses.
ReplyDeleteYes, they were not sure that Malloy was going to be elected, but then they should have told voters, I'm going to represent you - that is unles Malloy gets elected, in that case I am going to abandon this community for a six figure job and fat pension.
Maybe they would have still gotten elected, but at least they would have been honest.
DeFronzo cost taxpayers $88K
Gergagosian $26K
Special election another $25K
Sounds like pure selfish greed on the part of DeFronzo and the Middletown Press apparently agrees with me!
ReplyDelete"The new positions for the resigning legislators will pay more than $100,000, some of them much more than that. And since pension payments for state employees -- including legislators and political appointees -- are determined in large part by their earnings in their last three years of state employment, these legislators will vastly increase their pensions if they manage to stick around for just three more years."
With his huge 6 figure salary at our expense, he can certainly afford to pay us back for financing a campaign for an office he never intended to accept, can't he?
ReplyDeleteFCTO - The Federation of Connecticut Taxpayer Organizations - Contact Susan Kniep, President
ReplyDeleteWebsite: http://ctact.org/
Email: fctopresident@aol.com
Telephone: 860-841-8032
Connecticut property owners pay one of the highest property taxes in the country, second to New Jersey. Many in our state are struggling now to pay their property taxes. An added property tax will drive many Connecticut residents from their homes through Tax Lien sales.
Yet, all Connecticut taxpayers are victims of the inability of our State elected officials to control spending while giving into union demands where many pensions exceed $100,000, $150,000 and more.
The State Bond Commission just approved another $20 million in bonding. The latest Fiscal Accountability Report highlights CONNECTICUT DEBT - 72 BILLION DOLLARS.
BREAKDOWN OF CONNECTICUT’S $72 BILLION DOLLAR DEBT....
1) Debt Outstanding $19.3
2a) State Employee Pensions – Unfunded $11.8
2b) Teachers’ Pensions – Unfunded $9.1
3a) State Post Retirement Health and Life – Unfunded $26.6
3b) Teachers’ Post Retirement Health and Life $2.9
4) Generally Accepted Accounting Principles Deficit $2.3
Total $72 BILLION
The Question is - Is CT Going Broke $$$$$$$$$.
Anonymous said...
Susan Kniep is correct about this state of Connecticut going b...b...b...broke!