Cut Military Retirement to PAY for Weapons


	Cut Military Retirement to PAY for Weapons

leevardi

10-26-2009 1:49 AM

32 views

leevardi says:

...GOOD IDEA...we don't need those old "farts" anymore....the quicker they DIe, the more WEAPONS we can buy.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0a7b36a0-183b-4c7d-93de-02c6b89a726a/C60C41F4-2B00-484F-97D4-FF3AF77DF132/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.federaljack.com/?p=12354" href="http://www.federaljack.com/?p=12354" style="font-size: 11px;">www.federaljack.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.federaljack.com/?p=12354"><H1><BR />Report: Cut Military retirement to pay for weapons</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.federaljack.com/?p=12354"><P>(MILITARY TIMES)   A new report from an independent think tank suggests that drastic cuts are needed in personnel benefits in order to pay for weapons modernization.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.federaljack.com/?p=12354"><P>Some recommendations from the Center for Strategic and Budgetary Assessments might be welcomed by service members and their families, such as a proposal to cut the cost of permanent change-of-station moves by extending tour lengths by 50 percent.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.federaljack.com/?p=12354"><P>But other recommendations strike at the heart of the military pay and benefits system. <A href="http://www.csbaonline.org/4Publications/PubLibrary/W.20091021.Avoid_Bailout/W.20091021.Avoid_Bailout.pdf">The report</A> by Todd Harrison says the promise of retired pay after 20 years is an example of the generous benefits that led to financial problems in the auto industry, requiring a government bailout.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.federaljack.com/?p=12354"><P>“Few employers today offer pensions and health care benefits for retirees, must less a package that becomes effective after only 20 years of service,” Harrison wrote. “Even GM’s much-derided labor contracts did not provide benefits this rich.”</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/C60C41F4-2B00-484F-97D4-FF3AF77DF132/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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