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The PJ Tatler

by
Stephen Kruiser

Bio

September 26, 2013 - 8:55 pm

Stunned, in a way that’s totally not stunning.

Detroit’s emergency manager wants to freeze the city’s pension system for public workers in light of mounting evidence that it was operated in an unsound manner for many years, contributing to the city’s downfall.

The emergency manager, Kevyn Orr, issued on Thursday the preliminary results of a three-month investigation that identified questionable actions, including diversions of pooled money into individual accounts, excessive real estate investments that lost millions of dollars and “disconcerting administrative protocols” for the handling of health care and unemployment benefits. The investigation, conducted jointly by Detroit’s independent auditor general and inspector general, was the first stage of a review that is continuing and expanding, investigators said.

Unfunded pensions and health care obligations are by far the biggest claims in Detroit’s record-setting municipal bankruptcy. The city has about 33,000 workers and retirees who have been promised what human resources records call an “exceptional benefit package” to promote loyalty and reduce turnover.

For those of you curious to see how this plays out at the state level, take a look here.

But, they care or something.

Stephen Kruiser is a professional comedian and writer who has also been a conservative political activist for over two decades. A co-founder of the first Los Angeles Tea Party, Kruiser often speaks to grassroots groups around America and has had the great honor of traveling around the world entertaining U.S. troops.

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