Thanks Dave, for writing a letter to the editor about the Pension Obligation Bonds the city is considering.
No, there are no “conservatives” on council – maybe they’re “conservative” with their own money, but they treat the collective pot like a big cookie jar. They rode into office on money from public employee unions, and now they are trying to pay back their benefactors by roping the taxpayers into paying for the overgenerous pensions and “post employment benefits“.
Here’s Dave’s letter – take his example, and start writing your own letters and emails folks.
Conservatives are supposed to stand for low taxes and fiscal
responsibility. We are told we now have a conservative majority on the
city council. But what we actually have is a council of impostors. They
plan to use the revenue from their proposed sales tax increase to take
on hundreds of millions in new debt. They also plan to take on an
additional hundreds of millions in new debt in the form of a pension
obligation bond. It’s a dangerous gamble. And on the off chance it
pays off, it WON’T make the pensions sustainable. And if it doesn’t pay
off it could bankrupt the city.
Combined pension and other post employment benefit liabilities plus
interest are over a quarter billion dollars and growing. It can never
be paid. But our local politicians will raise our taxes and bury us in
debt to keep the gravy train rolling a few more election cycles. After
all, bureaucrats and other city employees must continue to receive
unaffordable compensation packages, including multi-million dollar
pensions. And this in a county with a 21% poverty rate BEFORE COVID.
It’s unconscionable, especially at a time when so many businesses and
working people struggle to make ends meet. But it is to be expected
when our local politicians are tools of special interests.
These politicians don’t represent hard working taxpayers and never will.
Voters should remember this in the next election and defeat the sales
tax increase and those council members responsible for it.
Dave Howell, Chico
No, these people DON’T represent the average Chico resident, they represent the public employee unions. It’s time to start thinking about replacements. Kasey Reynolds, Scott Huber and Alex Brown are out in 2022, let’s find some decent hardworking taxpayers to fill their seats. Reynolds is the worst kind of faker, running as a “conservative” and then bringing in not one, not two, but THREE TAX MEASURES. And Huber and Brown pose as protectors of the poor – BULLSHIT people! At a time like this, they want to raise taxes? Tell them HELL NO!
These people are all beholden to the union PACs. The employee unions are the worst kind of communist plot – the enrichment of the few, paid for by the many. Don’t fall for it, demand council bring employees back to the table to pay more of their own benefits, or throw these IMPOSTERS to the curb in 2022 and 2024.
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