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Post by privateinvestor on Jun 23, 2011 15:27:29 GMT -5
They may have big money contracts with Afghanistan or with other countries including the USA.... Most of our major Defense Contractors have contractors in Afghanistan, i.e Lockheed, Boeing, Loral, Rockwell, General Electric, and etc..
When I was on active duty we had a few contractors who worked for Collins Radio who helped us with our Radio Communications and they earned big bucks and never bought any rounds of beer at the NCO Clubs....cheap guys from Iowa
No one has been able to explain to me why young men and women serve in the U.S. Military for 20 years, risking their lives protecting freedom, and only get 50% of their pay. While Politicians hold their political positions in the safe confines of the capital, protected by these same men and women, and receive full pay retirement after serving one term. It just does not make any sense.
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Post by magichat on Jun 23, 2011 15:50:46 GMT -5
[ quote author=krickitt board=politics thread=10321 post=416669 time=1308860500]Who pays the private contractors? [/color] They may have big money contracts with Afghanistan or with other countries including the USA.... Most of our major Defense Contractors have contractors in Afghanistan, i.e Lockheed, Boeing, Loral, Rockwell, General Electric, and etc.. When I was on active duty we had a few contractors who worked for Collins Radio who helped us with our Radio Communications and they earned big bucks and never bought any rounds of beer at the NCO Clubs....cheap guys from Iowa No one has been able to explain to me why young men and women serve in the U.S. Military for 20 years, risking their lives protecting freedom, and only get 50% of their pay. While Politicians hold their political positions in the safe confines of the capital, protected by these same men and women, and receive full pay retirement after serving one term. It just does not make any sense. [/quote] They can't explain it because it's not true. usgovinfo.about.com/od/uscongress/a/congresspay.htm
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Post by privateinvestor on Jun 23, 2011 15:57:47 GMT -5
Members of Congress receive retirement and health benefits under the same plans available to other federal employees. They become vested after five years of full participation. Members elected since 1984 are covered by the Federal Employees' Retirement System (FERS). Those elected prior to 1984 were covered by the Civil Service Retirement System (CSRS). In 1984 all members were given the option of remaining with CSRS or switching to FERS. As it is for all other federal employees, congressional retirement is funded through taxes and the participants' contributions. Members of Congress under FERS contribute 1.3 percent of their salary into the FERS retirement plan and pay 6.2 percent of their salary in Social Security taxes. Members of Congress are not eligible for a pension until they reach the age of 50, but only if they've completed 20 years of service. Members are eligible at any age after completing 25 years of service or after they reach the age of 62. Please also note that Members of Congress have to serve at least 5 years to even receive a pension. The amount of a congressperson's pension depends on the years of service and the average of the highest 3 years of his or her salary. By law, the starting amount of a Member's retirement annuity may not exceed 80% of his or her final salary. According to the Congressional Research Service, 413 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service as of Oct. 1, 2006. Of this number, 290 had retired under CSRS and were receiving an average annual pension of $60,972. A total of 123 Members had retired with service under both CSRS and FERS or with service under FERS only. Their average annual pension was $35,952 in 2006. usgovinfo.about.com/od/uscongress/a/congresspay.htm Also See: •Congress Votes Itself a Pay Raise •Presidential Pay and Benefits
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Post by privateinvestor on Jun 23, 2011 16:01:42 GMT -5
This message has been deleted.
Darn duplicat again....wierd stuff gong on today
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Post by privateinvestor on Jun 23, 2011 16:03:00 GMT -5
Please also note that Members of Congress have to serve at least 5 years to even receive a pension.
Ok 5 years is indeed more than one term but close enough for government work...IMHO
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Jun 23, 2011 16:06:53 GMT -5
So, like Henry pointed out yesterday-- we are bringing home 30,000 warriors to a dead economy and dumping them, I'd take our shitty economy stateside rather than deployment in a hot, dry sand box. Hostile fire pay isn't worth it, IMHO. Can we take this as the Democrats finally admitting that it wasn't WWII that ended the Depression?
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Jun 23, 2011 16:08:57 GMT -5
Members of Congress receive retirement and health benefits under the same plans available to other federal employees. They become vested after five years of full participation. Members elected since 1984 are covered by the Federal Employees' Retirement System (FERS). Those elected prior to 1984 were covered by the Civil Service Retirement System (CSRS). In 1984 all members were given the option of remaining with CSRS or switching to FERS. As it is for all other federal employees, congressional retirement is funded through taxes and the participants' contributions. Members of Congress under FERS contribute 1.3 percent of their salary into the FERS retirement plan and pay 6.2 percent of their salary in Social Security taxes. Members of Congress are not eligible for a pension until they reach the age of 50, but only if they've completed 20 years of service. Members are eligible at any age after completing 25 years of service or after they reach the age of 62. Please also note that Members of Congress have to serve at least 5 years to even receive a pension. The amount of a congressperson's pension depends on the years of service and the average of the highest 3 years of his or her salary. By law, the starting amount of a Member's retirement annuity may not exceed 80% of his or her final salary. According to the Congressional Research Service, 413 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service as of Oct. 1, 2006. Of this number, 290 had retired under CSRS and were receiving an average annual pension of $60,972. A total of 123 Members had retired with service under both CSRS and FERS or with service under FERS only. Their average annual pension was $35,952 in 2006. usgovinfo.about.com/od/uscongress/a/congresspay.htm Also See: •Congress Votes Itself a Pay Raise •Presidential Pay and Benefits OK, find me the service member that's served five years and gets Anthony Weiner's 1.3 million pension.
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Post by privateinvestor on Jun 23, 2011 16:10:19 GMT -5
This is an idea that we should address. For too long we have been too complacent about the workings of Congress. Many citizens had no idea that members of Congress could retire with the same pay after only one term, ( edit five years)
And that they specifically exempted themselves from many of the laws they have passed (such as being exempt from any fear of prosecution for sexual harassment) while ordinary citizens must live under those laws. The latest is to exempt themselves from the Healthcare Reform... in all of its forms. Somehow, that doesn't seem logical. We do not have an elite that is above the law. I truly don't care if they are Democrat, Republican, Independent or whatever. The self-serving must stop. This is one proposal that really should be passed around. Proposed 28th Amendment to the United States Constitution: "Congress shall make no law that applies to the citizens of the United States that does not apply equally to the Senators and/or Representatives; and, Congress shall make no law that applies to the Senators and/or Representatives that does not apply equally to the citizens of the United States ."
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diamonds
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Post by diamonds on Jun 23, 2011 16:11:05 GMT -5
[ please stop with the hyperbole. it really doesn't make for interesting discussion- just eyerolls and more hysteria.
and no, i really don't believe it. at all.[/quote] Hyperbole??? Obama is a fraud and charlatan based silely on his weak leadership for the past 2 & 1/2 years in the White House...his approval rating is only @43 % - @49% which say that more than half of those polled disapprove of him...why?? Because he is a fraud and a charlatan...so deal with it if he cannot turn things around in 1 more year..IMHO Yes, he is a fraud, as he did not have sufficent background experience to be experise in any area of the highest office in the land. House Minority Leader Eric Cantor pulled out of WH budget talks led by the VP saying the 2 sides have reached an impasse over tax increases. A congressman from the floor asked, "Where's our President"? BO had no experience in the field of economics, never ran a business in the private sector, oblivious to economic growth, balancing the budget or new energy resources. Resorting now to printing money and moving it around to cover our loans. He can do a lot of damage in 1 more year and believe he does not even realize the dire conseqences ahead if he doesn't wake up. As Steve Wynn said, people in Vegas live in fear and uncertainty every day one of highest states with house foreclosures. If we have to default on our debt, that will be the end of the American dollar. I do not think this even concerns BO or he would be more intense on at least trying to rectify some of these problems instead of laughing about not having "shovel ready jobs". K to you P.I.
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diamonds
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Post by diamonds on Jun 23, 2011 16:12:41 GMT -5
I see you moved on P.I. I was reading from page 2....
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Deleted
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Post by Deleted on Jun 23, 2011 16:15:52 GMT -5
Hi, Diamonds!! Fly me a PM and let me know how you are doing, okay??
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Deleted
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Post by Deleted on Jun 23, 2011 16:17:54 GMT -5
PI and all, this private contractor thing kind of makes me mad.. yeah, I know, I had my head in the sand for many years.. raising kids.. what can I say.. the ignorant voter.. scary sheet.. like most voters, I imagine.
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diamonds
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Post by diamonds on Jun 23, 2011 16:19:44 GMT -5
K sweets
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Post by privateinvestor on Jun 23, 2011 16:27:29 GMT -5
PI and all, this private contractor thing kind of makes me mad.. yeah, I know, I had my head in the sand for many years.. raising kids.. what can I say.. the ignorant voter.. scary sheet.. like most voters, I imagine. Don't forget Krickitt there were private contractors who lost their lives in Iraq and Afghanistan....
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Deleted
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Post by Deleted on Jun 23, 2011 16:36:04 GMT -5
I know, making a $100,000 a year compared to our troops... and they are staying while we are pulling out troops. Many people cite $$$$ as the reason we need to pull out troops. Is this like Obamacare, the $$$$$ just don't add up?
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Post by privateinvestor on Jun 23, 2011 16:41:59 GMT -5
I know, making a $100,000 a year compared to our troops... and they are staying while we are pulling out troops. Many people cite $$$$ as the reason we need to pull out troops. Is this like Obamacare, the $$$$$ just don't add up? I believe the drawdown in Afghanistan is all about politics. Cost saving are hard to understand because of all the waste and corruption in the Afghan..
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deziloooooo
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Post by deziloooooo on Jun 23, 2011 17:11:47 GMT -5
They may have big money contracts with Afghanistan or with other countries including the USA.... Most of our major Defense Contractors have contractors in Afghanistan, i.e Lockheed, Boeing, Loral, Rockwell, General Electric, and etc.. When I was on active duty we had a few contractors who worked for Collins Radio who helped us with our Radio Communications and they earned big bucks and never bought any rounds of beer at the NCO Clubs....cheap guys from Iowa No one has been able to explain to me why young men and women serve in the U.S. Military for 20 years, risking their lives protecting freedom, and only get 50% of their pay. While Politicians hold their political positions in the safe confines of the capital, protected by these same men and women, and receive full pay retirement after serving one term. It just does not make any sense. but the reason they do is understood..they are the ones who decide their own compensation as well as fringe benefits..now wouldn't you have loved being the one to say how much you earned in your wiorking life and the fringe benefits..that one never made sense to me..especially in the House, how many iof those folks are actuaklkly one term nobodies..I remeber one from Connecticut..Larry denardis, came in under Reagons coat tails..One term..went on to be a College President..Quinnipiac I beleive..but one term. full retirement..lordy be to gosh...two years in..
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Deleted
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Post by Deleted on Jun 23, 2011 17:37:08 GMT -5
Hey, PI-- I never check my E mail. Just did, have an E from Burns. It's from a couple of weeks ago. He thinks he is banned. Is this true?
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Post by privateinvestor on Jun 23, 2011 19:16:53 GMT -5
Hey, PI-- I never check my E mail. Just did, have an E from Burns. It's from a couple of weeks ago. He thinks he is banned. Is this true? I don't know Krickitt ??
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hello fromWarsaw
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Post by hello fromWarsaw on Jun 23, 2011 19:38:15 GMT -5
Gee, I wonder what party brought in all those contractors....
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formerexpat
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Post by formerexpat on Jun 23, 2011 19:45:29 GMT -5
Talk about bailing out Europe when people are hurting at home and your popularity is going to suffer.
Act on that bail out and send money to over extended countries like Greece, Spain & Italy and that will be the nail in his coffin.
Looks like people are beginning to wake up and see that maybe we don't want to be like Europe after all. It's expensive when you run out of other peoples money.
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Post by holyofholes on Jun 23, 2011 19:50:10 GMT -5
[ please stop with the hyperbole. it really doesn't make for interesting discussion- just eyerolls and more hysteria.
and no, i really don't believe it. at all.[/quote] Hyperbole??? Obama is a fraud and charlatan based silely on his weak leadership for the past 2 & 1/2 years in the White House...his approval rating is only @43 % - @49% which say that more than half of those polled disapprove of him...why?? Because he is a fraud and a charlatan...so deal with it if he cannot turn things around in 1 more year..IMHO Yes, he is a fraud, as he did not have sufficent background experience to be experise in any area of the highest office in the land. House Minority Leader Eric Cantor pulled out of WH budget talks led by the VP saying the 2 sides have reached an impasse over tax increases. A congressman from the floor asked, "Where's our President"? BO had no experience in the field of economics, never ran a business in the private sector, oblivious to economic growth, balancing the budget or new energy resources. Resorting now to printing money and moving it around to cover our loans. He can do a lot of damage in 1 more year and believe he does not even realize the dire conseqences ahead if he doesn't wake up. As Steve Wynn said, people in Vegas live in fear and uncertainty every day one of highest states with house foreclosures. If we have to default on our debt, that will be the end of the American dollar. I do not think this even concerns BO or he would be more intense on at least trying to rectify some of these problems instead of laughing about not having "shovel ready jobs". K to you P.I. Hilarious. You don't even know who controls the money supply. Hint, it is not Obama. Not even close.
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hello fromWarsaw
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Hiya! Wake UP!!
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Post by hello fromWarsaw on Jun 23, 2011 19:53:34 GMT -5
Thanks to Goldman Sachs for guiding Greece with all those credit swaps and hiding debt back in the Pub good old days!And thanks for the Depression!!
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Post by holyofholes on Jun 23, 2011 19:56:50 GMT -5
Thanks to Goldman Sachs for guiding Greece with all those credit swaps and hiding debt back in the Pub good old days!And thanks for the Depression!! I wouldn't knock Goldman Sachs. Do you have any idea how much money they made?
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diamonds
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Post by diamonds on Jun 23, 2011 20:31:40 GMT -5
holyofholes: That's why the Federal Reserve needs to be audited. We all know that Goldman Sachs and Fannie Mae profited, but where is the lending that was supposed to go to help the people with job creation and mortgage control? Why are we outsourcing so many of our jobs? It seems you're happy with the unemployment hovering around 10%. Obama promised the summer of recovery with "shovel ready" jobs, then he laughed about it with his friend Jeffrey Immelt, CEO of GE who paid no taxes on his earnings 2 years in a row. Obama sure knows how to pick his friends "Chicago Style"!
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formerexpat
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Post by formerexpat on Jun 23, 2011 20:43:42 GMT -5
What - this makes no f***ing sense. You don't have a clue about the finance issues in Greece. Is this what you learned in school?
They're not "our" jobs; they're the jobs of publicly and privately owned companies that are free to do what is best for their business. If American employees cannot remain competitive or the government does not want to remain friendly to businesses, then say good bye to the job you used to know.
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diamonds
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Post by diamonds on Jun 23, 2011 20:52:37 GMT -5
Well, as Trump said, he can buy his building supplies cheaper in China. Maytag is now located in Mexico. Why are not American's able to get loans to open or expand new businesses even with a AAA rating?
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diamonds
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Post by diamonds on Jun 23, 2011 20:56:12 GMT -5
These tee-shirts that O'Reilly sells for charity purposes, a caller asked why they were made in Hondurus? Is that not called out-sourcing? I think a lot of the employers cannot afford to pay the minimum wage people at this level insurance benefits, thus it is cheaper to have them made in another country.
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formerexpat
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Post by formerexpat on Jun 23, 2011 21:05:58 GMT -5
The government killed some industries a while ago. This isn't surprising. Must 100% of everything be done and made in the US? I don't see that as efficient.
New businesses don't have a credit rating. They're like an unproven 18 year old with credit. As for expansion - some companies are getting loans, some aren't but lending is tight and difficult now because of uncertainty in our markets. How are the banking regulations going to unfold? Until banks understand this and understand how friendly or unfriendly the government will be towards businesses [via policy, regulation or increased taxes], they're not going to lend to companies that could be toast at the stroke of a pen by the President in a flurry of anti-business policy, regulation and/or taxes.
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cereb
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Post by cereb on Jun 23, 2011 21:21:52 GMT -5
PI- do you think Obama was US born? if not, do you seriously think that his parents planned to make him a Manchurian Candidate in 1958, when Jim Crow was still in full bloom, and over half the states had laws against mixed marriages? They never can seem to explain that...
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