Christie Achievement About to be Dismantled

[DonViejo]

Gov. Chris Christie’s “signature achievement as New Jersey governor may be going up in smoke,” Politico reports.

“The potential presidential candidate has said his ‘biggest governmental victory’ was a 2011 law meant to fix once and for all New Jersey’s notoriously bloated and insolvent public pension system by imposing deep cuts. But on Wednesday Christie’s administration argued before the state Supreme Court that the law was unconstitutional, in a complex maneuver to defend $1.57 billion in additional pension cuts that appear to have violated its terms. If the court upholds a February lower-court judgment against Christie, as seems likely, the cash-strapped state must scramble to find the money before July 1.”

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http://p.feedblitz.com/r3.asp?l=104924092&f=17571&u=37190363&c=4942155

[NoJusticeNoPeace]

1. So he wont be able to destroy thousands of working class people after all?

[ChairmanAgnostic]

2. never mis-under-estimate the damage that he can cause.

[Hoppy]

3. Interesting that the article called the pension system, "bloated."

It is second from bottom in benefits of state pension funds.

[gratuitous]

4. It is interesting

I never see the word "bloated" when it comes to, say, Dick Cheney and his deferred compensation package from Halliburton; usually, it's characterized as the reasonable reward for a tough job well done. But people who spend their working lives receiving less pay than they could earn elsewhere, who bargain collectively in good faith with their employer for deferred compensation in the form of a pension are characterized as greedy layabouts looking for a handout.

I wonder why that is?

[Hoppy]

5. Ask the Koch brothers. They probably know.