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Monday, August 23, 2010

Los Angeles Politics Hotsheet for Monday

Generous pensions given for years to public employees by politicians bought and paid for by their unions are at the heart of the fiscal problems local cities and states are having now. For quite some time this issue flew under the radar but taxpayers are getting aware of the near fleecing of public treasuries as we have seen locally in the City of Bell.  Many states are getting tough on these pensions but as noted by the Daily News the City of LA has only taken token steps.  If the Mayor wants to solve the problem, he will have to grow some major cojones.




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