http://www.latimes.com/news/local/la-me … 7972.storyIn an "urgent message" posted on his website before this week's budget hearings, Parks noted that city revenues are down sharply. "Concurrently, the city's payroll and pension costs have soared. We have reached a breaking point. If significant structural changes are not implemented quickly, the city's financial solvency is at significant risk."
Los Angeles Councilman Bernard Parks, City Hall's budget committee chief who is warning that soaring payroll and pension costs threaten the city's financial stability, receives $22,000 a month in city retirement benefits, in addition to his $178,789 a year salary, records and interviews show.
OMFG! This loser is pulling in over 400k per year in tax payer money and these fucks on the L.A. City council are CLOWNS!
And get this;In all, nearly 600 people receive city pensions in excess of $100,000 a year, according to figures obtained from the city by The Times. They were recently prepared in response to public records requests filed by Dean's group. The group previously has called attention to nearly 5,000 other local government and state pensioners collecting six-figure annual payments. Topping that list was former Vernon City Administrator Bruce Malkenhorst Sr., who has been accused of embezzling city funds and collects a $500,000 annual pension.
http://www.latimes.com/news/local/la-me … 3538.storyThe governor suggests dismantling welfare programs for families and ending CalGrants for college students.