Monday, August 9, 2010

Greed is Bad (for others)


Some while ago, I bemoaned that Greek beaurocrats were getting retirement benefits nearly equivalent to what they made when they actually produced (check that) worked. I said that it seemed like a nice job if you could get it, but I proclaimed it immoral as it put untold burden on future workers (check that) producers as they must continue to pay for work done years before. What was immoral was the promise to pay into the extended future (with unknown length) a wage for work that was not being done.

Now comes a story closer to home. Some police in NY (who already receive a handsome pension) are being investigated for Social Security fraud. They are claiming mental health benefits and getting thousands more per month. At the same time, they have said that they are mentally healthy and able to keep firearms for protection. Hmmm. What a shock!

(picture from NY Post)

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