Mayor Michael Bloomberg today took aim at the city’s rising pension and health costs, calling what he dubbed the “labor-electoral complex” the most pressing threat to New York in the final major speech as mayor.
Mayor Michael Bloomberg has thus far remained mum on his favored candidate for mayor, but Anthony Weiner is pretty confident he’s got it locked down.
“I think that the mayor, were he a Democrat, would vote for me in the primary and I expect him to vote for me in the general,” declared Mr. Weiner, speaking to reporters at a press conference on parking on the Upper East Side, following a raucous forum at Hunter College.
Manhattan Borough President Scott Stringer, who before Sunday was virtually unopposed in the comptroller’s race, is ramping up his attacks against his new rival Eliot Spitzer, as unions and Wall Street backers rally to Mr. Stringer’s side.
During an appearance on WNYC’s The Brian Lehrer Show this morning, Mr. Stringer took one subtle dig after the next against Mr. Spitzer, the famously difficult-to-get-along-with former attorney general-turned-“steamroller” governor, who was forced to resign five years ago in the wake of a prostitution scandal.
Opposing Governor Andrew Cuomo’s pension plan is about to come to Zuccotti Park.
One of New York’s public employee unions, the American Federation of State, County and Municipal Employees, is holding a “Tier It Down!” rally tomorrow afternoon against Governor Cuomo’s “Tier 6” proposal, where new employees would receive scaled down pension benefits in an effort to curb costs.
The AFL-CIO went on the air today with a new ad blasting Gov. Andrew Cuomo and Albany lawmakers for their efforts to add a sixth tier to the pension system, and blaming the effort on Wall Street fat cats who, the ad states, propelled Mr. Cuomo into office.
“They crashed our economy. We bailed them out. Now Wall Street, big banks and corporate CEO’s have teamed up with some politicians in Albany to slash pensions of working New Yorkers by 40 percent,” the narrator intones.
The ad conflates a bit two separate problems with the state’s pension system–on the one side, the pension fund is suffering due to the crash of the economy, but it is not quite accurate to say that because of that Mr. Cuomo and others who are pushing for reform are only doing so because of the crash. In fact, they often point out that the health of the pension fund isn’t so much a short-term as it is a long-term problem. Continue reading “AFL-CIO Goes On The Attack Over Pensions”→
City Comptroller John Liu — who worked out with New York City firemen Saturday yesterday and donned a helmet at their conference today – got a standing ovation when he vowed to protect union pension benefits.