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Governor Christie Condemns 'Outrageous' Ruling on Judiciary Pensions

GovChristie GovChristie·824 videos
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Uploaded on Oct 18, 2011

In response to a Superior Court judge's decision to exempt her and her judiciary colleagues from paying their fair share of increased contribution rates for pension and health benefits, Governor Chris Christie today announced that he would, if necessary, seek an amendment to the New Jersey Constitution to have judges treated equally with the hundreds of thousands of other public employees and retirees who are sharing in the sacrifice to repair and sustain New Jersey's public employee retirement and health benefits programs.

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Top Comments

  • divisioneight

    This guy's got a SET!

    God Bless him for calling it like it is.

    Keep up the good work governor.

    When you're done with NJ, you're welcome to the governorship of NY anytime.

    · 6

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  • LeGioNoFZioN

    if you guys don't want Chsitie in NJ we will gladly take him in Toronto in order to fix our problems .... its tough for any conservative to fight over 20 years of progressive direction and mismanagement

    · 3

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    in reply to Bill King (Show the comment)

All Comments (21)

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  • F1reF0rEffect

    "No the rules protect the banks and corporations not the consumers" the only rule in capitalism is that there are no rules. Give me a specific capitalistic rule and don't waste our time with bullshit. Gov't has the only rules, and laws - like the equal lending act. You know the law that instituted the first loan modifications, leading to the first bulk of subprime mortgages, leading banks to hide these toxic assest, bundle them, and ultimately collapse the economy.

    ·

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    in reply to Bill King (Show the comment)
  • Bill King

    No the rules protect the banks and corporations not the consumers

    ·

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    in reply to F1reF0rEffect (Show the comment)
  • F1reF0rEffect

    I don't think that's it. We live in a capitalistic market which inherently protects the consumer. If the banks fuck people over there's a really easy and simple answer - it's probably b/c of gov't intrusion. Why aren't you ripped off by Kellogs, Ford, Samsung, Apple, etc? -the competition prevents it, however Banks are backed by the gov't and the Fed - they don't give a shit nor play by capitalistic rules b/c they don't have to.

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  • Bill King

    Greed and Ripping people off I guess

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    in reply to F1reF0rEffect (Show the comment)
  • F1reF0rEffect

    I'm not an economics major - it sounds really good but there seems to be a reason why they don't currently do that - do you know?

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  • Bill King

    Exactly Let's do away with compound interest and do simple interest 15% means that 15%

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    in reply to F1reF0rEffect (Show the comment)
  • F1reF0rEffect

    Loan sharking? No that's compounded interest over 30 years. People who listen to Buffet need to understand a couple things - Warren owes the gov't 8 million in back taxes #1. 2. Anyone that says his secretary pays more is an idiot at best - any money grossed from capital gains has already been taxed as income (for the rich that's ~40%). 3. Taxing capital gains -money used to reinvest in the economy and grow jobs, is got to be the dumbest idea I could possibly imagine during a recession.

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  • Bill King

    Nobody ever said the rich could not keep there money but if a CEO is making 350X the salary of his or her secretary I expect that CEO to pay 350X the taxes she pays. Speaking of banks how is it if you borrow $250,000 at say 10% by the time you pay it off you pay back $450,000 that is not 10 % 10% of $250,000 is $25,000 so what you pay back to the bank is $275,000 not $450,000 that is loan sharking

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  • F1reF0rEffect

    The protest wall street folks represent the left of the left and are protesting the riches right to keep their own money. If these wall street protesters seem to think it's ok to rob the rich of their abundance of money - how about we rob the protesters abundance of free time and put 50% of it in labor camps for social programs? All of a sudden their right/liberty to keep their free time/sit on their asses would be important. The power of the people should never trump individual liberty

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