Ed LeisureConservative Politics Why are Americans paying wealthy public servants, whose net worth upon retirement is $1,000,000 plus, life time retirements? Rose Colombo PRESIDENTS LIFE TIME RETIREMENTS - Nearly their entire taxpayer funded wages continue on for Presidents as they receive extra financial benefits. This is the truth! Why are Americans forced to support men who worked 4-8 years in public office - destroyed the economy - violated constitutional laws and sovereignty - support the NWO, U.N., and North American Unions open borders, as well as depopulating Americans through death panels - for the rest of their lives when they could continue to work as most are lawyers or businessmen and many are multi-millionaires, i.e., Obamas, Clintons, Bushs, Issa, Pelosi, Reid, and many more.....Why? President Obama = The salary of the President is $400,000 per year, including a $50,000 expense allowance. Presidential Retirement and Maintenance Former President Clinton will get an annual pension of $151,800 plus up to $150,000 a year to maintain an office and staff. Had Hillary Clinton not been elected to the U.S. Senate, she would have received $20,000 per year as a former First Lady. Retired Presidents and First Ladies also receive Civil Service protection for 10 years after leaving office. Children of retired Presidents receive protection until they are 16 years old. The annual salary of each Senator and Representative as of 2006, was $165,200. The Speaker of the House earned $212,100 during the 109th Congress (January 4, 2005-January 3, 2007) while the Majority and Minority Leaders earned $183,500 (the same as the Leaders in the United States Senate). A cost-of-living-adjustment (COLA) increase takes effect annually unless Congress votes to not accept it. Congress has the power to set members salaries; however, the Twenty-Seventh Amendment prohibits a change in wages from taking effect in the same two-year term in which it is passed into law receives a combined and approximate life time retirement at $300,000 pl
Posted on: Wed, 24 Dec 2014 02:05:36 +0000