Saturday, December 29, 2012

OBAMA PAY RAISES FOR FEDERAL EMPLOYEES: BUT NOT YOU

ONE NATION UNDER DEBT"There are two ways to conquer and enslave a nation. One is by sword.The other is by debt."John Adams 1826
There hasn't been a budget in the  Obama Administration for over three years and  with America's debt at over $16 Trillion and climbing the President wants unlimited power to raise the debt ceiling without a Congressional Vote. The last raise has already reached the limit and now he is asking for a higher debt ceiling.
The Government borrows 40 cents of every dollar spent and Americans have heard that we are about to go over the fiscal cliff for months. With over 27 million Americans unemployed and 47 million on food stamps and the President at every turn telling Americans they must tighten their belts by executive order he hands out pay raises to the Vice President, Congress and Federal Employees.
The U.S. Government credit rating has been downgraded and the U.S. government is losing its luster on the bond market and as the fiscal cliff looms, President Obama issued an executive order to give everyone raises.
Obama has generously bestowed a $6,379 per year raise on Gaffe prone VP Joe; he's given members of the House a $900 increase; and he's doled out a .5 percent pay increase to federal workers.
Jeryl Bier does the math on the raises federal workers will get.
RATES OF BASIC PAY FOR THE EXECUTIVE SCHEDULE 2012
Level I . . . . . . . . . . . . . . . . . . . . . . . . . . $199,700
Level II . . . . . . . . . . . . . . . . . . . . . . . . . . 179,700
Level III. . . . . . . . . . . . . . . . . . . . . . . . . . 165,300
Level IV . . . . . . . . . . . . . . . . . . . . . . . . . . 155,500
Level V . . . . . . . . . . . . . . . . . . . . . . . . . . . 145,700
Here are the rates in the just-signed Executive Order:
RATES OF BASIC PAY FOR THE EXECUTIVE SCHEDULE 2013
Level I . . . . . . . . . . . . . . . . . . . . . . . . . . $200,700
Level II . . . . . . . . . . . . . . . . . . . . . . . . . . 180,600
Level III. . . . . . . . . . . . . . . . . . . . . . . . . . 166,100
Level IV . . . . . . . . . . . . . . . . . . . . . . . . . .156,300
Level V . . . . . . . . . . . . . . . . . . . . . . . . . . .146,400
The pay raises will take effect on March 27, 2013.
As the President and the House seek to rearrange the deck chairs on this Titanic ship of state, Obama has decided it is a good idea to throw more coal into the furnaces. It's full steam ahead and damn the financial torpedoes. 

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