Subj : Obama Gives Raise to Biden, Congress as Fiscal Cliff Looms
To   : All
From : =?UTF-8?B?LcyuzK7Mgy3MgyDMvuKXj8yuz
Date : Sun Dec 30 2012 10:01 pm

Ever Imagine you are working for a company that is going bankrupt, but
everyone you work with and your bosses are getting pay raises. Seem
absurd? Not if you work for the failing federal government, because
President Obama has decreed that Vice President Biden, members of
Congress, and most federal workers are getting raises for 2013. Where
does the insanity stop?  ..b&c
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As 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 Grampa 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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