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Wednesday, February 22, 2017

Nearly bankrupt city wants to impeach Trump

The city of Richmond, California, has spent the last decade trying to avoid bankruptcy because its pension benefits (lobbied successfully by city workers years ago) are too generous.

To fix this, city council voted to impeach President Trump.

How does this fix things?

It doesn't.

But gee, it feels good.

First the reality Richmond residents face.

From the San Francisco Business Times:
The City of Richmond is one of six distressed municipalities at risk of bankruptcy, a state auditor has found, despite having cut 20 percent of its workforce, eliminating neighborhood cleanups and ending buying new library books.
The reason? A ballooning commitment to fund its outstanding pensions.
"Payments for employee pensions, pension-related debt and retiree health care have climbed from $25 million to $44 million in the last five years, outpacing all other expenses," KQED reports."By 2021, retirement expenses could exceed $70 million — 41 percent of the city’s general fund."
Richmond is attempting to reach those thresholds but has cut 20 percent of its city workforce since 2008 and is now following the recommendation of financial consultants that created a plan to make the city profitable by 2021.
But included in that is fewer city services and jobs, and a new four-year contract with firefighters that puts in a salary freeze — and requires each firefighter to pay $4,800 a year toward retirement health care. Police union members have agreed to a similar contribution.
"Richmond is especially hard hit by personnel costs because of high salaries for public employees. The city’s average salary of $92,000 for its 938 employees was fifth highest in California as of 2015, according to the state controller. The city’s median household income is $54,857," KQED reports.
Under such circumstances, the city should just dissolve.

But it won't. Instead the town fathers (and mothers) are pushing impeachment.

From KGO:
Richmond City Council says it has become the first city in the country to go on record in support of impeachment hearings for President Trump.
The council acknowledged how unusual it was to call for the president's impeachment. He's been in office for only a month, but the vote was unanimous.
"Unfortunately with this president it's oddly appropriate," said Richmond City Councilmember Jael Myrick.
Councilmember Gayle McLaughlin spearheaded the resolution, which calls congress to investigate the president's business holdings, something his critics believe are grounds for impeachment. "This is our voice," she said. "This is our country. We have a right to speak up."
Even in this progressive city, there was one vocal Trump supporter who was eventually thrown out for swearing at the council.
"Actually you don't have a voice because the GOP controls Congress and you people are stupid enough to think Congress will impeach Trump," said Richmond resident Mark Wassberg.
Town residents should dump city council.

And the quickest way to do that is move out of Richmond.

I have a feeling, thousands have already.



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11 comments:

  1. And it's called "RICHmond"?

    What's its coat-of-arms? Two crossed soup spoons on a field of busted asses motif?

    ReplyDelete
  2. Richmond is a slum. It's like Oakland without sports teams.

    ReplyDelete
    Replies
    1. Yeah, it's a ghetto. One of Jerry Brown's numerous ghettoes. But he loves them places. They make him feel like a slave master.

      Delete
    2. Lots of reliable LibDem voters, legal and illegal, living and dead.

      Delete
  3. IQ and Trump Derangement Syndrome Found to be Inversely Proportional

    It's science

    ReplyDelete
  4. The salaries, benefits and retirement plans the beaurocrats endowed on themselves should be considered theft. "Leaders" who have destroyed their communities should be held responsible for the damage they have inflicted.

    ReplyDelete
    Replies
    1. Well said. These govt. baztards have been robbing the taxpayers like this for many, many decades.

      Delete
  5. The Trump Bump or the Trump Surge displayed in charts


    http://commoncts.blogspot.com/2017/02/the-trump-bump-or-trump-surge-displayed.html

    ReplyDelete
  6. A poor town, yet its 938 employees earn on average $92,000 a year.

    Let that sink in. The town is turning to crap while its ruling class grows richer and richer.

    Just pathetic.

    ReplyDelete
  7. The town I recently retired from in Ohio probably averages about $45,000 in actual wages, $60,000 including insurance and the 14% the village kicks in for retirement. We had to start showing future pension contributions as a liability in 2009. In 2012 we received an AA- bond rating from S&P. If you run a local gubmint as much like a business as possible, you can do great things.

    ReplyDelete