Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
The article has what seems to be contradictory information. “It would remove the ‘birth date restriction’ that has prohibited roughly 2,200 active and retired firefighters born after Jan. 1, 1966 from receiving a simple, 3% annual cost of living increase.” Then later in the article this from State Senator Robert Martwick: “Remember, they have traditionally given that 3% simple COLA [Cost-of-living adjustments] to these firefighters. They’re going to get that. This just writes it into law.” So how many, if any, are actually receiving a 1.5% non compounded annual annuity increase? As opposed to receiving a 3% non compounded annual… Read more »