Tuesday, November 22, 2011

Profiles in Cowardice

I want to make it clear that what I am about to say is not meant to reflect on those legislators that voted against the Raimondo-Chafee pension reform bill that was passed last week in Rhode Island. I give a special thanks to my local representative, Scott Guthrie, who did the right thing.

The rest of you are truly profiles in cowardice! You have fixed nothing. You have gone after the middle class in this state with a hateful, shameful, immoral and illegal strategy that will put a stranglehold on our state's future. You are asking 50,000 individuals to come up with the $ billions to bail out over 1 million people. You have not lived up to your oath of office; you are thieves and you lack the intelligence to ask the appropriate questions.

Reneging on your oath of office is quite despicable. You all took an oath to uphold the constitution of the state: Am I right? The RI Constitution insists that no ex-post-facto law may be past regarding any contract(Article 1: Section 12): Am I right? The Constitution further stipulates that all taxation will be fair and equitably distributed(Article 1: Section 2): Am I right? To date the superior court has ruled that pensions are in fact contracts and the COLA is a part of that contract: Am I right? You ignored the court's ruling and voted for a bill that, to the best of your knowledge, was unconstitutional: Am I right? You choose to pass a law that uses absurd assumptions regarding the longevity of retirees (87.6 years): Am I right? You choose to tax public employees only, an act so outrageous that the average state retiree ($27,000 annual pension) will lose over $180,000 during a 19 year period: Am I right? You ignored your oath of office by not upholding the Constitution: Am I right? You should all resign immediately: Am I right? You will not resign: Am I right? You are cowards: Right!

General Treasurer Gina Raimondo said in the Providence Journal that as she looked out her window, she felt good knowing that the teacher below will have a pension one day. She was proud of the fact that the system which was less than 50% funded is now over 60% funded. I have news for her! Change the longevity assumption back to a reasonable figure and the pension fund will be 80% funded so the promises made to public employees can be kept.

I just read an article in the "Science News " magazine, February 26, 2011 (this information was available to Raimondo). The title; "U.S, falters in life expectancy gains", discusses the United States falling behind other developed countries in life expectancy gains. The average life expectancy for those over 50 years of age is 79 for males and 83 for females. How dare you rob our future without the appropriate questions being asked.

I hold no allegiance to thieves and I really don't like cowards. Have a nice Thanksgiving.


1 comment: