ON PENSIONS, TREASURER ASKS IF WE SHOULD LET PUBLIC EMPLOYEES GET ‘SCREWED’ BY WALL STREET, TOO?
By Steven Tavares
|Treasurer Bill Lockyer|
Appearing with talk show host Eric Hogue on KTKZ 1380 AM in Sacramento, Lockyer inexplicably hung up the phone after a relatively modest exchange between the two. When Hogue pressed Lockyer on why public employees deserved more generous pension plans over private sector workers, the treasurer said, “Well, you mean they should get screwed just like the private sector got screwed by Wall Street? I disagree. But thank you.” The sound of the telephone hanging up then followed.
LISTEN TO AUDIO OF THE EXCHANGE HERE.
In a press release, Hogue criticized Lockyer’s depiction of the pension issue, saying, “It’s very disturbing that the Democrats keep clamoring for a vote on raising taxes, but can’t even have a civil discussion on whether those same voters should be involved on reforming our broken state government.”
“It’s also disturbing to hear our State Treasurer dismissing the entire Wall Street institution, the bedrock of our capitalist system,” said Hogue.
He also noted Lockyer eventually called the radio station back but did not return to the airwaves. “Considering his use of foul language towards my call screener during his return second call, we decided it was best to let the Treasurer calm down,” said Hogue, “and have him back on the show another day.”