Saturday, November 26, 2005

Senator Alo's Debt Forgiveness: A Precedent for the ASG Retirement Fund

Senator Alo wants the ASG to "forgive the hospital's $5 million loan that was approved by the Fono and signed into law in Fall of 2003."

What does this say for ASG employees?

Since the government will lend your retirement money for LBJ's bailout, Senators will forgive LBJ from ever paying back your hard-earned retirement money if the going gets rough in the future.

I hope the people will not let the government/politicians further their careers off their pensions and life-savings.

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