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Foreign Invaders crisis cost $150B in 2023, forcing some areas to cut police and fire services: report Israel kills head of Hezbollah Intelligence. Status: Not Logged In; Sign In Opinions/Editorials See other Opinions/Editorials Articles Title: Why do we pay retirement pay to presidents? Source: [None] URL Source: [None] Published: Dec 7, 2011 Author: sneakypete Post Date: 2011-12-07 10:27:58 by sneakypete Ping List: *Politics and Politicians*     Subscribe to *Politics and Politicians* Keywords: None Views: 6570 Comments: 17 With all this talk of cutting the budget,WHY are we still paying a VERY generous retirement check out for a position that only requires 4 years of work at the minimum and 8 years at the maximum? Not to mention free medical care and transportation for life? After all,it ain't like these guys are going off to life a live of poverty. They all make multi-millions giving speeches,agreeing to have their names on corporate boards,etc,etc,etc. We should also DEMAND that Congresscritters and Senators retire on SS just like the rest of us,instead of receiving a VERY generous life-long pension and free medical care for life for just serving from 2 to 6 years minimum. What makes them so special they don't have to live by the very laws they vote in effect? Just putting them in the same retirement category as the rest of us would save billions. Yeah,this won't solve the budget crisis all by itself,but it would be a damn good place to start. Subscribe to *Politics and Politicians* Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 6. #2. To: sneakypete (#0) After all,it ain't like these guys are going off to life a live of poverty. Pensions were created for presidents because several did go off and live in poverty. lucysmom  posted on  2011-12-07   10:48:27 ET  Reply   Untrace   Trace   Private Reply   #4. To: lucysmom (#2) Pensions were created for presidents because several did go off and live in poverty. I understand,but now ain't then. Every president since LBJ has left office as a multimillionaire. Ain't it about time we stopped subsidizing multimillionaires? How many other jobs are there where you can retire after 4 years with full benefits and pay? sneakypete  posted on  2011-12-07   19:52:57 ET  Reply   Untrace   Trace   Private Reply   #5. To: sneakypete (#4) How many other jobs are there where you can retire after 4 years with full benefits and pay? Fiorina was at HP from 1999 to 2005, trashed the company and was rewarded with $20 million for her effort. She is not unique. lucysmom  posted on  2011-12-07   21:11:10 ET  Reply   Untrace   Trace   Private Reply   #6. To: lucysmom (#5) Fiorina was at HP from 1999 to 2005, trashed the company and was rewarded with $20 million for her effort. She is not unique. True,Barry is going to trash the country worse than she trashed HP,and he's going to get more money out of it,too. sneakypete  posted on  2011-12-07   22:13:01 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 6. #7. To: sneakypete (#6) ...Barry is going to trash the country worse than she trashed HP,and he's going to get more money out of it,too. The country was trashed before Obama was elected, and it would take decades beyond a normal life span for Obama's retirement to reach a total of $20 million. lucysmom  posted on  2011-12-07 22:44:19 ET  Reply   Untrace   Trace   Private Reply   End Trace Mode for Comment # 6. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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