Random Nuclear Strikes

This is where your federal tax dollars will disappear to:

S.F incurs huge costs for public retirees: Governments begin to grapple with unfunded health care

In San Francisco’s effort to pay the soaring cost for retiree health benefits, it’s $500,000 down, $4.9 billion to go.

The city, like most local governments and school districts in California, has put aside no money to cover the fast-growing cost of delivering on health care coverage promised to its workers once they hit retirement age.

But in San Francisco, the financial liability hanging over the city is one of the heaviest in the state, thanks in part to the generosity of its employee health care benefits.

“As this number keeps growing … it can cripple our budget,” said Supervisor Sean Elsbernd, who has taken the lead on trying to address the issue in the city’s legislative body. “This will eat up all our discretionary income, the money we use for street repairs, parks and programs for the people of San Francisco.”

Boo-hoo. My heart pumps purple piss for you dumb fucking assholes. You need to either defund and cancel the program or tax the hell out of your citizenry to pay for it.

Fat chance that, what with Miss Frisco, Nancy Pelosi, in charge of the purse strings of the federal government.

Methinks that future headlines will follw that look something like this:

Health and welfare deficit to surge by 50 percent

The deficit in France’s national health and welfare system is forecast to hit 12 billion euros (16.3 billion dollars) this year, about 50 percent more than the previous estimate, an oversight body warned Wednesday.

“The general administration deficit will expand again in 2007 to reach 12 billion euros and thus return to its heights of 2004 and 2005,” the Social Security accounting commission said in a report.

You will only need substitute “USA” for “France” if the Dems win in 2008.

Links found at C&S and KisP, respectively.