logo
 

Go Back   HuntingNet.com Forums > Non Hunting > Politics

Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

Reply
 
Thread Tools
Old 08-17-2007, 12:02 PM   #1
Giant Nontypical
 
bawanajim's Avatar
 
Join Date: Jan 2005
Location: PA
Posts: 8,133
Default G.O.P.

Whats happening at the top? Another one bails. How many are getting while the getting is good?

New election year strategy? Whats everyones take on the rapid exodus from the white house.?

http://www.usatoday.com/news/washington/2007-08-17-snow-wh_N.htm
__________________

# 3 on Metro's list !


Proud to hunt PA's Big bucks
bawanajim is offline   Reply With Quote
Old 08-17-2007, 01:08 PM   #2
 
Join Date: Feb 2003
Location: Tennessee
Posts: 2,602
Default RE: G.O.P.

That's interesting. When I saw the headline, I presumed he was leaving because of his medical situation. Three kids or no, I can't imagine how someone cannot make a sufficient living on $168,000, although I won't pretend to know what the cost of living is inside the Beltway.

My first thought was that he needs more to pay for his cancer treatments, but he should have as good an insurance policy as money can buy, no?

I like Tony Snow. He is a man amongst boys in the journalism field.
__________________
We must be the change we wish to see in the world -- Ghandi
http://www.rightminded.net
BenGarrett is offline   Reply With Quote
Old 08-19-2007, 09:53 AM   #3
Super Moderator
 
CalHunter's Avatar
 
Join Date: Feb 2003
Location: El Dorado County California USA
Posts: 8,753
Default RE: G.O.P.

I've thought about this and have mixed opinions. Ideally you would like to see Bush's entire team stay with him for both terms in office. It's perhaps easy for us to look at it as why wouldn't you stay the course but we also don't live in that super pressure cooker environment. It is expensive to live in good areas inside or outside of DC. Those aren't normal 8-5 jobs and your family does suffer by you working extremely long hours, being on-call practically 24-7 and the frenetic pace at which much of the work is done. I can see why people would possibly want to leave after a few years for their families' sake and for health reasons.

And while it may appear to be fodder for conspiracy theories when key people leave before Bush's term expires, those same people can obviously make a much more lucrative transition back to the private sector while Bush is still in office. They cannot lobby during that time period but any company with a brain is going to realize they can give extremely useful advice to their company. The former Bush staffers can also make quite a bit of money on the public speaking circuit while Bush is still in office but demand for them speaking will subside as Bush leaves office and a new President takes office. The sooner they establish themselves as valued speakers, the better it is for them financially.

While they may make a relatively large salary (I believe $168,000 a year was mentioned), government FERS retirement is based on 1% of your average salary for the highest 3 consecutive years of employment tames years of service. A minimum of 5 years is required to become vested (i.e. eligible to collect retirement) and a minimum age of 55 to 62 is required, depending on the year in which you were born.

Using Tony Snow as an example, his short tenure (less than 5 years) would not make him eligible to collect FERS retirement even if he stayed until the end of Bush's term. Even if Snow had retired after 5 years (using his current pay scale of $168,000), his retirment pay under this FERS formula would be 1% of $168,000 ($1,680) times 5 years of service for a whopping total of $8400 a year. This emans he would still be under the poverty line and definitely need to get a retirement job. And in case you were wondering about how long it would take him to rack up a $100,00 a year in retirement, it would take him approximately 59 and 1/2 years of working that job.[:'(]


http://www.opm.gov/retire/html/faqs/faq11.asp
http://www.cpol.army.mil/library/benefits/docs/fersinfo.pdf
__________________
Jesus Christ--The reason for the season!

If you can read this, thank a teacher. If you can read this in English, thank a veteran.

If you're certain you know everything, there's little opportunity to learn anything.
CalHunter is offline   Reply With Quote
Old 08-20-2007, 07:55 PM   #4
Boone & Crockett
 
James B's Avatar
 
Join Date: Feb 2003
Location: Wall SD USA & Jamestown ND
Posts: 11,476
Default RE: G.O.P.

A very good man IMO. I will miss his reports.
__________________
Freedom. Use it or loose it.
James B is offline   Reply With Quote
Old 08-21-2007, 11:04 AM   #5
Giant Nontypical
 
bawanajim's Avatar
 
Join Date: Jan 2005
Location: PA
Posts: 8,133
Default RE: G.O.P.

Tony seems like one of the good ones in D.C. I just seems strange with all the extra cash so many seem to have that Tony's salary could be raised enough to support his family.
__________________

# 3 on Metro's list !


Proud to hunt PA's Big bucks
bawanajim is offline   Reply With Quote
 
 
Reply


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

 

All times are GMT -8. The time now is 08:55 PM.