Sunday, March 13, 2011

The Fallacy of Guaranteed Pensions

"Don’t place your trust in princes" - Psalms 146

When the Bernie Madoff story first broke, the public was incredulous that one man could steal so much. Then, as details emerged, the public was incredulous that otherwise intelligent people could be so stupid when it came to their lifesavings. How could anyone believe a financial guru who claims to deliver consistent returns regardless of market conditions?

Well, I could think of a whole bunch of people who act just like that. Specifically, the public sector unions. Public union workers spend hundreds of millions of dollars a year to elect political halfwits who know nothing about finance but promise lavish retirement benefits to be delivered long after their terms expire. Then, for reasons unknown, these government employees, who should know better than anyone, plan their entire retirement around these empty promises from unaccountable politicians long gone.

Here’s the list of former Aberdeen employees earning a government “guaranteed” pension. The dollar amounts don’t include health benefits, Social Security, Medicare, Medicaid, or any other program.

Here are some quick tidbits –

  • In the Matawan-Aberdeen school district, for every dollar of salary going to a school employee, the state is spending 40 cents for a district retiree
  • Including Aberdeen’s portion of the school district and library, the state will spend over $10 million dollars in pension payments this year. That compares to a $15 million municipal budget and $9 million municipal tax levy
  • In addition to the pension payments, for every 5 school district employees on the state healthcare plan, so are 4 district retirees
Ah, you say, we don’t have to worry about that because the state manages a pension fund.

Well, about that fund.

Pension funds are supposed to work as follows – Each year they get a little larger so that the investment income earned is enough to cover payouts without endangering the principal. Unfortunately, the state pension plans are designed to fail for several reasons.

Using the Teachers Pension and Annuity Fund as an example, consider the following –
  • Pensions are based upon salaries, which, over the past decade, have risen far faster than inflation or the market
  • In the drive for smaller class sizes and one-on-one instruction, more teachers means more pension liabilities
  • When the market's down, the fund has to sell assets on the cheap to fund benefits, meaning the fund gets smaller and goes into a death spiral as it will never earn enough to payout benefits
  • Pension managers are pushed to assume higher levels of risk to meet the state's unrealistic projections
In 2000-01, the TPAF paid out $1.33 billion in benefits. In 2009-10, the payout was $3.08 billion, a 230% increase in just nine years.

During that same time period, the fund itself has shrunk from $31.05 billion to $25.89 billion. In other words, over a nine-year period, the ratio of assets to one-year payouts, has dropped from 23.35 to 8.41.

The dramatic fall in pension assets occurred despite a sharp rise in pension contributions, an increase from $371.6 million in 2000-01 to $658.8 million in 2009-2010.

As the chart below shows (all numbers in billions), even assuming rosy projections, as the state likes to do, that contributions will increase 8% a year, net return on investments will consistently run a little over 5% a year, and pension liabilities, in contrast to history and common sense, will only increase 4% a year, the Teachers Annuity and Pension Fund will go bankrupt in under 15 years.

Year Withdrawal Contribution Assets
2010 3.08 0.66 25.89
2011 3.2032 0.7128 24.6941
2012 3.331328 0.769824 23.3673
2013 3.464581 0.83141 21.90249
2014 3.603164 0.897923 20.29238
2015 3.747291 0.969757 18.52946
2016 3.897183 1.047337 16.60609
2017 4.05307 1.131124 14.51445
2018 4.215193 1.221614 12.24659
2019 4.3838 1.319343 9.794465
2020 4.559152 1.42489 7.149926
2021 4.741518 1.538882 4.304786
2022 4.931179 1.661992 1.250838
2023 5.128426 1.794952 -2.0201
2024 5.333563 1.938548 -5.51612
2025 5.546906 2.093632 -9.2452

The unions’ response will be to declare unfunded pensions and health benefits are the state’s problem and the state must fix it. In other words, the unions will turn to the very political process that put them in the whole in the first place. Imagine what will happen if they get their wish. >>> Read more!

133 comments:

One simple word is proof said...

Much like those who invested in Madoff knowing the promised return on investments were highly questionable from the start.

Much like the politicians who promised the world to union leadership and voting block members that the promises and political speeches were highly questionable from the start.

Much like the union members whose cries of "you promised us" and "a contract is a contract" know inside themselves that the political promises were highly questionable from the start.

It was all one simple word for all of the above that we taxpayers who pay the bills know from the start.

That word from the start for all of the above is GREED.

Anonymous said...

Unsustainable!

Anonymous said...

The above writing is very true. I worked in a company before having to move in with my daughter and her family just to survive. One day we all came to work and the doors were closed for good. No pension no nothing is what I and many others were left with. The owners own mismanagement and their greed made it happen to us and our families.

Sure the company owners and managers promised us the world also. Promise after promise right up until they closed the doors and sent me and the people I worked with out into the cold with nothing.

That is no different than the politicians who lied to all the union members here and across the nation. Unions that now don't seem to care that the taxpayer at most every level. Taxpayers who are all struggling just to survive and who cannot just keep paying. It is as though taxpayers are the new slaves that toil in the fields to pay all their retirement benefits for public workers. They like me were lied to with every promise from politicians long since gone from public office.

Blah Blah Blah said...

But I work shifts, carry a gun, risk my life. Blah Blah..

I teach your kids Blah Blah Blah...

I plow snow, cut grass, sweep your streets. Blah...

I write tickets to pregnant ladies, tell you to cut your grass, take down signs, harass business owners. Blah

I take hard earned money behind a window Blah...

I tell you how to build your house. Blah Blah Blah...

I approve applications and make you pay...Blah Bah...

I buy pretty $300,000.00 not needed firetrucks. Blah

That is your taxdollars at work...Blah Blah Blah

Right Aberdeen?

Right? said...

And the Kauff corruption just rolls on and on.

Right Normie?
Right Mayor?
Right Councilwomen?
Right Councilmen?

Norm + 3 = said...

Norm + 3 = BULLSHIT.

RIGHT NORMIE/KAUFFIE/SCUMBAG # 1/DEVIL OF ABERDEEN/BFF OF CONVICTED SEXUAL PREDATOR MARK COREN/FRIEND OF BILL S./NEIGHBOR OF KAUFF?

My mantra said...

F N K

Norm said...

Yawn...

How's the New York pension system doing Joey?

Anonymous said...

There is only one thing getting plowed around here and it's not the roads.

Norm said...

Oh yeah..

I almost forgot...


Lick my taint,now, I command it.

Anonymous said...

Madoff is a criminal. And so are those officials who deliberately failed to fund the pensions in order to cut taxes....Christie Todd Whitman drove this state and its citizens directly into the gutter.

Anonymous said...

Can't wait to see the flood of pension and health insurance cuts that are coming.

NSectionJoe said...

Christie Todd Whitman end every Governor since has failed to fund the pensions up until Christie. Granted Christie did not fund them either due to a 7 billion dollar budget deficit. Every politician that has been in office even one day prior to Christie being elected are guilty of malfeasance in office and everyone of them should stand trial for crimes against the taxpayers.

Those politicians who use the taxpayers like pawns in a game of chess need to be judged. They are truly responsible for the actions and inactions that have led this state down the road to financial ruin. Many of these politicians sat there while the likes of Sen Wayne Bryant and his family all had government jobs totaling $650,000.00 a year. Another stellar example is Sharpe James who controlled Newark with an iron fist holding a fist full of ill gotten cash stolen from his political office and the people of Newark while his fellow politicians sat on their hands silent. Those are the truly guilty ones in this whole financial equation. It cannot be denied they are all complicit in all of this financial mess our state faces.

There is just anger over the current financial situations and contract difficulties that being bandied around this state from all sides. We must all look for true accountability that is too often denied us taxpayers election after election.

It cannot be said enough that we are trusting the very same people to fix the problems that they themselves created.

Anonymous said...

A lot of words but he nailed it.

Take that Norm said...

Not everyone can make their points in one word. I mean come on look at this Norm idiot for example. The best they can do is repeat the same tired and old one word *YAWN*. The other snippet he uses is just simply disgusting and very close in proximity to the body orifice which is best used to describe Norm and the Real Norm. Take that.

Norm said...

Yawn...

You just wish you could be me.


Sorry, you can't.

There's only one Normster


Lick my yam bag.

Outclassed again Norm said...

The post above from Norm proves my point. Norm is lame in his responses. Outclassed again Norm. Fact.

Don't wait to retire said...

If you are able to retire as a teacher, cop, fireman or municipal worker you better do it. It will cost you more to stay than its worth. They will not be able to take benefits from those with prior contracts and benefit packages no matter what they say. Obviously changes will come but my papers will go in this week. Join me before we lose more than we need to so don't wait.


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Right Norm? said...

Don't forget a few local retirees who bilk the retirement system locally. Right Norm, Vinny, Jimmy, Lou, Coren, Ozzie? The list goes on and on. Right Norm?

TAXPAYERS PAY AND PAY..... said...

NUMBERS DO NOT LIE

IT'S UNSUSTAINABLE

TOO POLITICAL

TOO POLITICALLY GENEROUS

COST PER VOTE TOO HIGH

UNION MONIES BOUGHT IMPROPER INFLUENCE

POLITICIANS CORRUPT EVERYTHING

UNIONS JUST AS GUILTY

GREED RULES THE DAY

WHILE THE TAXPAYERS PAY

AND PAY

AND PAY....................

Benefits for life????? said...

The police and fire unions should be investigated for buying corrupt political influence in exchange for politicians easily approving their way to generous contracts at tax payers expense. The unions will never admit we cannot afford to keep them comfortable while we lose our homes and savings just to pay their benefits for life. Fact.


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say Amen said...

Sure Nsecj talks a good game but he and every other muni employee knows what kauff is up to and don't say a thing to anyone about it. Maybe with the raises they won't get someone will talk. From my taxpaying brain to gods ears. Let us pray. Amen.

Anonymous said...

Yeah, right. They won't say a thing. As I said, if they knew and didn't say something then they're just as guilty. The way some of these guys rant you'd think they knew something for a long, long time. That makes them accomplices. And when the time comes Normy won't be the only one taking a trip. I can see the want ads now. WANTED: NEW TOWN GOVERNMENT, COUNCILMEN, INSPECTORS, CODE ENFORCERS, PUBLIC WORKERS, FIREMEN, POLICE, ETC. No experience necessary.

Heres how it works said...

Public workers at the level below management or supervisor or even department heads would not be held to a judicial review or legal entanglements from actions they have seen or even been involved in while employed in a municipality like ours.

Those in management, elected office and all lawyers representing boards, committees or anyone else who holds a true management, leadership position and especially any of the above who have attended or mandatorily been sent to any ethics review type seminars or training would be the ones to really worry. Subpoenas given to anyone else in the municipal employ would in turn almost be a reverse pyramid type of judicial investigation with only those at the upper levels being truly held in custody and tried. Its like illegal drug dealing to an extent except that the low level street dealers just surviving like the typical municipal workers would be arrested initially and in turn squeezed to get the required information and evidence needed to prosecute the big time drug dealers like Norman Kauff and his henchmen. I hope that my explanation of how this works will be helpful and actually happens to bring the corrupt hierarchy to justice.



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justice served aberdeen style said...

ALL THE AUTHORITIES NEED TO DO IS ASK. LET THEM JUST SERVE NOTICE TO OWESNORMAPLENTY CRAPKIN, FILET WHATSINITFORME MINUTULO, GUS WHATSINITFORME TOOMY, VINNY CRAPS IN HIS PANTS WHEN THE KNOCK COMES TO THE DOOR VINCI AND OUR BELOVED NORMIESCUMBAG1DEVILOFABERDEEN WHO WILL HAVE A MASSIVE CORONARY AND SAVE US ALL A HELL OF A LOT OF TAXPAYER, DEVELOPER AND BUSINESS MONEY AS HE CODES OUT IN THE AMBULANCE ON THE WAY TO THE HOSPITAL.

THAT WOULD TRULY BE JUSTICE SERVED.

RIGHT NORM?

Anonymous said...

Muni employees are used and abused just like the taxpayers. They will tell what they know. As for replacing all of them look around the town. Streets are safe, response is good if an ambulance is needed, roads get plowed. This isn't free remember. These people you want to replace do their jobs. Replace Kauffie, council and Mayor, Kauff controlled lawyers and the biggest corrupt drain on the towns finances being the leeches at CM&E. Get real will ya?

Norm said...

yawn...

Time of death of corruption said...

Justice served is shear genius.

Yawn that Norm.

How's the heart Norm?

Beep

Beep

Beep

Beep

B____e_____e______________________________.

Call it taxpayers of Aberdeen

Time of death of corruption and Norman Kauff

ELECTION DAY 2011

Anonymous said...

P R I C E L E S S is all I can say about T O D post. I love the creativity of the posts. I'm sure Norm doesn't.


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Anonymous said...

F Norm

Anonymous said...

Remember this:
"The Dicks they don't ever worry,
They get what they want in a hurry.
Cause every Dick knows,
When the investigation slows,
You squeeze a township employee."

I hope they squeeze them all.

Anonymous said...

just passed a bunch of signs along the road in aberdeen so wheres the code guy. he had no problem taking my signs down right away. how is it he did not get these down. tell me that one norm. who got paid off and who do i got to pay so i can leave my signs up so i can stay in business.

subpoena away said...

Squeeze away then i'll squeal.

I will gladly tell all i know.

It's right to do

so subpoena away

i'll tell all i know

then put Kauff away.

Business sign applications said...

The signs were approved by Zoning Officer and a new Sign Ordinance. Any business in Aberdeen can now apply for displaying signs in Aberdeen. They are allowing two weeks per quarter of the year. There is a nominal fee and an application process showing specifics on the signs type and size. This is an improvement recently enacted to help businesses in Aberdeen.

Anonymous said...

Budget Fight: What Public Employees Really Cost

"We know we can do government better because it's already happening. America is a carnival of high- and low-functioning bureaucracies. In North Carolina, the pension system is just fine, thank you. That's because public officials and pension-fund managers there have consistently minimized risk, assumed a realistic rate of return on their investments and paid what was owed into the system. "It's not magic," says Elizabeth Kellar, head of the Center for State and Local Government Excellence. "It really is a matter of fiscal discipline over time." By comparison, officials in New Jersey and Illinois have recklessly underfunded their pensions, in some cases granting retroactive benefit increases without paying for them."

Read more: http://www.time.com/time/magazine/article/0,9171,2055204,00.html#ixzz1GhP362LQ

Norm said...

yawn....

Assassination of Aberdeen by Kauff said...

They say the number of people involved with the Kennedy assassination could keep a secret like no others. Not when it comes to Norman Kauff and his forty thieves keeping their corrupt bond of corruption. The Norman Kauff corruption that is the real crime being perpetrated upon the poor and getting poorer taxpayers, residents, school children and business owners of Aberdeen. That is a real assassination conspiracy of the political process with Norman Kauff, CME and Atttorney Mcarthy behind the snipers scopes in the municipal building, overlooking Aberdeen and on the grassy knoll.

Anonymous said...

I hope everyone of them is found out and brought to trial. Especially BOSS HOG Kauff I hope he codes too


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Shalom Norm said...

Please refrain from using the word pig or any pig product descriptions when referring to Norman Kauff. Norm is a practicing Jew and we should respect that about him. so just please refrain from such descriptions for those of us in the Jewish community who shun him for just for being the scumbag that he is. Scumbag suffices I assure you. Shalom Norm?

Get ready Norm said...

Genius I love it.

Shear genius.

F U Norm.

And your little dog too.


Soon Norm you will be the one barking like a dog.

In prison with your new a-hole buddies.

Your the a-hole part Norm just so you know.

As in tearing you a new a-hole.

Literally.


Get ready Norm.


How's your wife' fondness for "chocolate' Norm?



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Sherlock Holmes said...

The responses to Norm's yawns are so obviously one person. Every time Norm posts, there are 4 or so responses approximately 4 minutes apart.

BRUTAL said...

THIS NORMAN KAUFF STUFF IS F'N BRUTAL. WELL DESERVED THOUGH OF COURSE. BIG F YOU NORM.

On the bus can't sleep said...

Open really wide Norm.

On both ends Norm.

Big smile Norm!

Big smile!



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Norm said...

I love how you tell me to bend over and all that other shit. It's actually kind of ironic considering how I bend you over and ram it right up your ass every election day. See you in November, fuck toys.

Anonymous said...

Still lame you scumbag Norm. You are outclassed, outsassed and out of your element when it comes to insults.

Anonymous said...

As a local builder, town resident, school parent and taxpayer I ask one question of my fellow Aberdeener fans and blog site contributors. How will Aberdeen' leadership still be able to pay Kauff and C.M.E. under the 2% cap? Emphasis of course on the word under. As in underhanded. What happened to you Fred Tagliarini?

No shit Sherlock? said...

Wow a dead detective whose detective capabilities are just as dead as his investigative skills. No shit Sherlock!

Who robbed me Sherlock? said...

Speaking of Sherlock Holmes. Lets hire him and maybe he can solve my burglary. The $5,000,000.00 police force we have can't seem to get it done.

Norm said...

Come get some Norm meat. You know you want some. Dirty little bitch that you are.

Who's the bitch now Norm? said...

Bitch?

Bitch?

Who brought up Normies prison name?

Squeal louder Norm.

SHAFT said...

That Norm cat sure is a bad motherfucker.

NORMS SHADOW said...

DONT YOU KNOW MAYOR PAY FREEZE IS GOING TO FIX EVERYTHING. NOT FROM NORMS SHADOW ANYWAY.
WHAT HAPPENED COACH FRED? S UCH A FUCKING DISAPPOINTMENT COACH FRED IS. SHOELESS JOE HAS NOTHING ON COACH FRED TAGLIARINI. RIGHT NORM?

Anonymous said...

wonder what the teachers and police pensions are in NY! only kidding. I don't care because i don't live there. how is that board of special ed doing? I see Mr. Personality is running again.

Anonymous said...

Hey Joey,

When do we get your BOE election breakdown/analysis?

--Voter Looking for Info

Anonymous said...

How do you spell micro management in Aberdeen?

Aberdeener said...

I know Chuck. Don't know the others. Nobody has any opposition. My old seat will be empty again.

Kind of sad but the school board is the most important elected office in town and almost nobody's interested. Maybe it's the salary. Maybe it's the inability to offer patronage. Maybe it's the non-partisanship. Dunno.

Anonymous said...

Why are you asking a guy who lives 50 miles away, in another state, for advice on who to vote for here?

Anonymous said...

It's Chuck.

Anonymous said...

Answer to spelling? is any of the following

NORMAN KAUFF
DAVE SAMULELS & CM&E
F R E D T A G L I A R I N I


By the way spelling micro management in Aberdeen is also spelled the same as the words listed below


P O L I T I C A L C O R R U P T I O N

D E M O C R A T I C P A R T Y



VOTE G. R. I. P. ON ELECTION DAY 2011



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SOS Aberdeen said...

Vote Republican and save Aberdeen.

Anonymous said...

Never win. Once the money rolls in from the corrupt Kauf machine the Republicans don't stand a chance.

Norm said...

You're gonna get rid of me? That's hysterical! Lick my taint.

Anonymous said...

C - Cash

M - Money

E - Engineering

Anonymous said...

FYI: Taint - The area between the nutsack and asshole that prevent a man from shitting on his nuts.

C cash M money E engineering said...

How will the Kauff controlled and beholding elected officials in Aberdeen keep the corrupt monies funneled to Kauff and CME under the Christie 2% cap? PRICELESS

Start packing Norm said...

What purports to be political leadership in Aberdeen is nothing more than an illegal, corrupt and thoroughly unethical crime organization posing as the Aberdeen Democratic Party. The political machine so corruptly controlled by Norman 'MINE ALL MINE' Kauff is being investigated and the days of political patronage and abuse of the business owners, taxpayers, school system and residents is coming to an end. Pack up all your cares and woes Norm because you are moving to the big house and really soon. Norm you'll get three squares a day, cable television and all the vile, painful and degrading sex you can or cannot handle. I hope you enjoy your new home Norm. I hope that you enjoy the vile, painful and degrading sex Norm. After what you've done all these years it is truly what you deserve.


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ALL I CAN SAY IS said...

OUCH

Norm said...

I do degrading sexual things to your wife. She thoroughly enjoys it.

What St. Pats day means to me said...

St. Patricks day celebrates the priest who chased all the snakes out of Ireland. If anyone sees him around Aberdeen please do the taxpayers a favor and send him over to Justice Lane. Maybe he can chase the biggest snake out of Aberdeen. The biggest snake is of course Norman Kauff.

Let us pray on this St. Patricks Day that in the morning the taxpayers of Aberdeen awaken to a Norman Kauff corruption free town. I and many others hope for nothing less every single day. G R I P 2011 or Aberdeen is Kauffed (f'd).

Anonymous said...

One of the retirees, Marilyn Cohen, was Mark Coren's girlfriend/beard. Was this a no show job because I don't even remember what she did for the town.

Norm in drag??? said...

Come on Normie you haven't had working parts for years now. Imagine away you old man you. All you have left are memories now. Soon you will merely be a human receptacle in prison for violent man on man prison debauchery. I hope you really get some tips (tips hee hee hee) from Coren on being the good prison bitch that you'll need to be to survive in prison. Reports are Coren may be wearing dresses and wigs upon his release from prison since he got so comfortable with being a girl in prison. Now that I think of it Norm that is a good look for a frail little bitch like you. Don't try responding Norm save those old brain cells for solitary confinement. You'll need them.


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Start packing Norm said...

Norm in drag was great.

Before I forget.

Mrs. Kauff are we still on for tonight?

Same parking lot works for me.

Don't forget the glass to put your false teeth into.

I love that special thing you do without your teeth in.


You can stop this Norm.

It's all up to you Norm.

All you have to do is leave Aberdeen.

Start packing Norm.


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Barbara said...

Wow is all I can say. That and while brutal it is deserved.


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Anonymous said...

Its a good bet that, outside of a few well known people, posters who use names to sign in are not the people they say they are. Right, Norm? Mischief makers are so darn cute.

Old Skool rank outs said...

Barb glad you appreciate good rank outs. Old skool

Anonymous said...

Cute? If someone said that stuff about my wife there would be blood. I guess Kauffs missus is used to it. It was very funny though. Some of these are so creative and all Norm comes back with is yawn. So sad so bad.


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Anonymous said...

Another insult blast about Kauffies wife. Beautiful.


Man up Normie or be the bitch you will soon become.


In prison.

Anonymous said...

Kauffies wife can take it so don't worry about it. Kauffie is the one who needs to practice on taking it deep. Really deep. OUCH!

Get well soon John Gartley said...

Great one Gartley. Looks like your recovery is going well since you're spending so much time on the Aberdeener. Keep it up attacking and insulting Norman Kauff It is great therapy.

My vote goes to said...

Whoever is insulting that scumbag Kauff gets my vote. If its John Gartley or a dwarf with one eye i'll vote. Anybody but the corrupt scum latched onto Kauff.

Special Message for Norman Kauff said...

F U Norman Kauff!

Anonymous said...

DITTO

Another payday for Vinci? said...

Must be payday at the ?VOLUNTEER? fire house. I just saw Councilman ?natural hair color my ass? Vinci was
walking into the ?all volunteer fire house?. Must be payday for Vinnie ?hard working volunteer? Vinci. Volunteer my ass since Councilman Vinci must get paid to do anything else but breathe. Just like Kauff and CME. Get ready Aberdeen taxes are going up again.

TAXES GOING UP? said...

TAXES GOING UP?

BUT WHAT ABOUT THE 2% CAP?

WHAT ABOUT THE MATAWAN AND ABERDEEN TOWNS LEADERSHIP SHARING A SIGNIFICANT NUMBER OF DUPLICATED SERVICES?

THAT IS SAID BY MANY THAT SUCH AGREEMENTS WILL SAVE THE TAXPAYERS IN BOTH COMMUNITIES SIGNIFICANT MONIES?

SO WE SHOULD ALL BE LOOKING FOR ANNOUNCEMENTS REALLY SOON?

EITHER AN AGREEMENT WILL BE ANNOUNCED BY OUR LOCAL POLITICIANS OR A LONG LIST OF EXCUSES WILL BE ANNOUNCED JUST BEFORE ELECTION DAY?

OUR LEADERSHIP MUST BE WORKING REALLY HARD TO MAKE THAT HAPPEN?

RIGHT MAYOR BUCCELLATO?

RIGHT MAYOR TAGLIARINI?

I'M NOT HOLDING MY BREATH ON THAT BECOMING A REALITY. SAVING MONIES FOR THE TAXPAYERS AND BUSINESSES IS THE LAST THING THESE GUYS WILL ACTUALLY WORK TOWARDS.

THATSAFACTJACK

Anonymous said...

Don't look for that to happen ever. Rumor the other day at the diner had any agreement between those towns in the toilet. This according to two cops I asked.

GRIP on election day 2011



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Anonymous said...

The police would be the last thing merged. Way to much work. Oh and if the police merge, Matawan will be a memory and the politicians will never let that happen. Home rule wins. Not to mention Aberdeen politicians want $$$$$$ to have anything to do with it. Do senior citizens get tax breaks on their home? How many of the council persons in Matawan and Aberdeen are senior citizens? If they do and are then what do they care if taxes go up? Not sure how much they make as council members but say $5000.00 a year sure helps out with those tax bills.

Anonymous said...

why would someone be on council for no money. lots of time away from family and work and totally open to criticisms from the like of peeps like MacAleer who know a better way to do everything and ruins reputations with his know it all attitude but never listens to what you say to him. Yeah I would want that job for no pay. Any those of you who bring up Mrs. Kauff, your real mature. Another reason, I wouldn't be on council for no pay. You families are maigned and they are not even involved. You guys are the reason you don't get more people running for council or boe.

Aberdeener said...

School board doesn't get paid. Volunteer firefighters and EMT don't get paid. Planning board and zoning board don't get paid. PTA doesn't get paid. And, aside from the mayor, it's not that much time. You show up for the bimonthly meetings and get regular email updates that you mostly do nothing about.

Yet, that doesn't stop the town council and fire commission from voting themselves raises.

Anonymous said...

How much are you getting paid as a nanny/maid in New York, Joey?

WAIT TIL NEXT YEARS TAXES said...

NONE OF THESE LOW LIFE KAUFF CONTROLLED POLITICIANS DO MUCH FOR FREE BUT BREATHE. THEY ARE KILLING THIS TOWN. THEIR GONNA KISS EVERBODYS ASS THIS ELECTION YEAR THEN RAISE TAXES THRU THE DAMN ROOF NEXT YEAR. NEXT YEAR THE EMPLOYEES WILL REALLY GET SCREWED TOO. RIGHT NORM? THAT IS KAUFF-CME 101.

Anonymous said...

Come on now we must trust our political leadership. They would never sell the business owners, taxpayers and school district down the drain. That would be conduct and actions by our political leadership that would be illegal, unethical and thoroughly corrupt. In other word Aberdeen would be Kauffed from top to bottom. Guess what Aberdeen? You've been Kauffed. From top to bottom.


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Moronic politicians said...

Honest politicians and Corruption in Aberdeen?

Sounds like an oxymoron to me.

Emphasis on the moron.

As in moronic politicians.

Right Norman?
Right Mayor?
Right Councilwomen?
Right Councilmen?
Right Democratic Party?
Right Zoning Board?
Right Planning Board?

F you Norman Kauff said...

Goodnight Aberdeen no matter how corrupt it is.

Right Norman Kauff?

Norm said...

Anybody want a Cleveland Steamer?

Prison games for Norm said...

Forget about the Cleveland Steamer Norm thing.
Norm you better start learning how to wheel and deal to keep your soon to be cellmates off of and out of you. Norm don't you think think prisoners only like the young stuff in prison. A lot of your soon to be cell mates like the old and weak like you Norm. The older prisoners like you Norm who better do as they are told or else they end up like pin cushions and in more ways than one. Your ass buddy Mark Coren can fill you in on all the grim details although reports have it that Coren is having a real good time end enjoying himself. He might want to stay being the sex toy he has enjoyed being for the past couple of years but he wants desperately to get back to your evil clutches and back into your corrupt tax money stealing graces. Looks like you and your engineers may have to cut an extra piece of the pie to cut Coren into your little game of "steal all the corruption tax money you can whenever you can" that game is about to be replaced by a new game called "investigations, early morning arrests and being the prison bitch" with Norman Kauff as the most popular mattress partner in prison. Norm maybe you can be the new "spinner" for that favorite prison game of "spin the old geezer". Spin spin spin Norm where Norm ends up is not a guess any longer. Prison will be his new home. No get out of jail card for you Norm. You're going inside for all day. Start saving those cigarettes they are like 14k gold on the inside. Wheeling and dealing has a whole new meaning for you Norm. Spin away Norm.



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Norm said...

So what you are saying is that you don't want a Cleveland Steamer? How about a nice Rusty Trombone? Or a Chicken Cutlet perhaps?

TIME TO SMOOSH? said...

SPIN THE GEEZER WAS FUCKING PRICELESS.

IT CANNOT HAPPEN SOON ENOUGH.

I CAN'T WAIT FOR NORM TO BE CARTED AWAY.

THEN MRS. KAUFF AND I CAN SMOOSH.

Anonymous said...

Smooshie time Norm. Priceless once again.

From the 5:15 train taxpayers gang.

G R I P 2011



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Developmental Czar??? said...

Any news about Anchor Glass being resurrected for big CME developmental$$$$$$ when Kauff gets his Coren back? Maybe he can try and get Coren to be his DEVELOPMENTAL CZAR again. What a joke our towns leadership is.

Know a good Exorcist said...

What a joke our town leadership is? We don't have town leadership we have Norman Kauff. That is not leadership that is pure political corruption and evil. No matter how you spell it Norman Kauff is Satan and needs to have a wooden stake driven into his cold dead unfeeling heart. That is the only thing that will save Aberdeen. Anyone know a good Exorcist?

Anonymous said...

The number of people who can't stand Norman Kauff seems endless. The list of those feeding off of his corrupt teit is so small that control so many.

When will this corrupt Norman Kauff control end?

That question is for you Freddy boy.

Oops I forgot Freddy boy can't speak any longer without Norman Kauff pulling his string. The once great coach is now the one big joke. Too bad so sad.

Babe Ruth Dad

Ralph Medolla said...

It's been a while. Let's see what's new here....blah blah blah blah blah KAUFF blah blah blah blah CORRUPT blah blah blah blah blah FBI blah blah blah blah....yeah, same old shit. All talk.

Message for Kauff said...

It seems that this post subject is played out. There is little more to say except fuck you Norman Kauff.

Anonymous said...

One of my fellow train riders says that Aberdeen is going to exceed the two percent cap. Has anyone heard that around or inside town hall? All the posts about CME and Norm Kauff and the insider deals and development monies that never seems to actually bring development seem to hold truth. The fact that no denials on any subjects all of these years tell us what we need to know. I can assure the doubters on here that many people talk about the very questionable leadership in our community quite often. Those discussions along with the ruling party in power for too long that needs to go seems to come up at least once a week. Counting most of the commuters in our group total 15 votes that will not be cast in the dem column anytime soon. One of our group would vote democrat even if they ran Obama again but he is democrat handicapped anyway. Obama is another one who needs to go for stupidity above and beyond the oval office. 2011 and 2012 will be very interesting to say the least.

From the 5:15 train taxpayers gang


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You can't make this up said...

New game in the works for Aberdeener fans coming real soon. The game is called "Guess who rats out Norman first". Available real soon and only to oppressed taxpayers, business owners and developers who have had enough of the CM&E highway robbery that is called politics in Aberdeen. You can't make this up can you Norm?

Hey Ralphy boy said...

Ralph can kiss my big black ass. He is a Kauffkin too.

Ralph Medolla said...

I was here way before Kauff, black man. He's a Ralphkin. Google it.

Anonymous said...

Mr. Warren
Repost your own guidlines for this blog please. Stop hiding behind a blog of a man who no longer resides in Aberdeen, no insight what is going on just hearsay.
Go the council meetings ,Boe meetings and stand before the council and voice your concerns. Oh wait Joey has all the answer right?

Hmmmm said...

Rumor has it, that a snake is about to surface.

Bad Goodfellas movie said...

Funny? No Ralph Medolla is listed in the Aberdeen area?

Maybe he lives in Sayreville at the home of evil CME?

Ralphkins?

What the f is that?

Must be some italo thing?

Other than Kauff most of the bottom feeders are?

Aberdeen is a bad Goodfellas movie that never ends?

Think about it?

Right Lauro?
Right Vinci?
Right Montone?
Right Auriema?
Right Tagliarini?
Right Ciaglia?
And the list goes on and so does the $$$$$$$$......

Anonymous said...

Beware of the local 'Black Hand' group they'll get you.


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keep it up joey warren said...

sure tell Joey to go away so the corrupt get off scott free or in the case of aberdeen norm free. f you. keep it up joey warren. keep shining the light on these scum.

Aberdeens unique politicians said...

Governor Christy says that states like ours are in deep financial trouble because politicians that are so desperate to stay in political office cannot stop giving people everything and anything they want. Aren't you glad you live in Aberdeen where our politicians just give Norman Kauff and CME everything and anything they want. That is what truly causes Aberdeen into its financial troubles.

Right Norm?
Right Mayor?
Right Councilwomen?
Right Councilmen?
Right Democratic Party?
Right Zoning Board?
Right Planning Board?

G R I P 2012



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Anonymous said...

What financial trouble? Kauffie and CME are just fine.

Anonymous said...

what financial trouble are you talking about. norm and all the rest are living the high life. we taxpayers are the ones who suffer. don't you like being a slave to the political elite. don't you like being lied to. don't you like it here where you are ignored year after year. where your roads are crumbling while millions are spent on development that never gets developed. we are still waiting for the old warehouse over here to take the for sale sign down. how do they have the nerve to tell us what the developer is going to do for us and then nothing gets built. how much does the town spend on the buddies and contributors to the campaigns to keep these cockroaches in office. forget grip get them indicted and dragged out of the houses they live in before the film crews and photographers from newspapers.
that is justice in my eyes.

Norm said...

Yawn...

Anonymous said...

Where is the promised senior housing? Maybe I should call CME and see if they know.

F Norm Kauff said...

Aberdeen has plush senior housing. Kauff lives in it. Paid for with all of the tax money he bleeds dry. Right Norm? F you Kauff.

Anonymous said...

The supposed 6 or 7 people who post on here have been really busy. 6 or 7 people really you assholes? Try again. You can think that all you want but you are kidding yourself and all of you know it. It only matters that there will be one to judge all of you Kauffkins. The judge in the courtroom that sentences you all to jail. You Kauffkins are devils and you should all rot in hell.


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Norm said...

I don't think there are 6 or 7 posters either.


I think it more like 4 or 5.

Yawn...you are starting to bore me.

Anonymous said...

If its 4 or 5 you can name them easily? You don't know shit Norm.

Norm is bore, bored, boring said...

Norm uses the word bore.

Norm should use that in a sentence.

I'm Norm and all my prison mates bore me while they are boring me every night and day in my prison cell when they bore into me over and over again as they bore my head into my pillow so the guards don't hear me screaming.

Gives sentence a whole new use.

Right Norm?


Don't respond Norm you are so lame.

Norm said...

At least space them out a little so it isn't so obvious that you are one person posting over and over. You are so pathetic. I await your weak argument that you are many.


Lick my taint.

IVANHOE said...

Have any of you who post here ever actually met Norm Kauff? Probably not. Had you met him, maybe done lunch with him, you would have come to know a modest, witty, intelligent man of compassion and vision. There will be no 4 AM knock at his door because he is not a corrupt man. Far from it, he is dedicated to the community he loves, Aberdeen.
The town employees will not "turn him in" because there is nothing to tell. They will not speak out against corruption because there is no corruption, plain and simple. With the exception of a few disgruntled malcontents who were either passed over for a promotion or are discipline problems, the town employees are content. Most town employees admire people like Councilmen Vinci and Lauro... people who worked their way up and are now on the town council where they continue to serve their community. So once again this year, Aberdeen voters will reject the Republicans and choose the Democratic Team!

Anonymous said...

Agreed! Well said Ivanhoe. Nice to see some intelligent words here for a change.

Unfortunately, the interlopers who live in New York City will now start chiming in. Isn't that right Joey?

Mental illness is sad said...

How sad i am to read the most recent post from the Ivanasshole who has no idea what they are talking about in Aberdeen. Norman Kauff is an honorable man among other laughable traits about the man who is the most corrupt type of human being. The likes of Idi Amin, Ferdinand Marcos, Pol Pot, Saddam Hussein, Osama Bin Laden and other similar dictators have nothing on the scourge of Aberdeen that is Norman Kauff. That would be with the exception of Idi Amin who it is said actually consumed human flesh from some of his tens of thousands of victims. Of course Norman Kauff may not have consumed human flesh but Norman Kauff has no problem stripping the flesh off of the taxpayers, business owners and residents of Aberdeen for over ten years now. As for the town employees not saying a word against Norman Kauff issue some subpoenas and see who says what of the supposed honorable and respected Norman Kauff. I think they would give enough evidence to put Kauff and all the rest away for a very long time. If not where are all the Kauff by name defenders. As for town employees liking and respecting Vinci and Lauro sure they do just like slaves of years ago who would never speak a bad word about their work conditions or what they have endured or seen while toiling in the corrupt municipal world corruptly controlled by Norman Kauff. That is the truth that is Aberdeen. Perhaps we should all take a lesson from Ivanasshole and truly see what the dementia of mental illness can do to someone. It is truly sad to see how what the severely mentally inflicted see as the absolute truth is the exact opposite. Norman Kauff is the most corrupt, undermining, sleazy, irresponsible political hack that corruptly controls every aspect of the managerial process to the detriment of the people. Someone call Dr. Kevorkian to help put Ivanasshole out of his misery. Maybe Ivanasshole can get a package deal and take Norman Kauff out of the misery he costs the taxpayers, business owners and residents of Aberdeen. Save Aberdeen vote G R I P 2012. Vote Republican and save us from Ivanassholes like Kauff.

C B laughs at Ivanasshole said...

Well said JG. Feel better we need you. Vote republican.



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Breathe deep Ivan said...

Try serving subpoenas on Stuart Brown, Janice Gallo, Gus Toomey, Nick Minutulo, and the others Kauffie sent packing for interfering or questioning the tax moneys corruptly, illegally and unethically funneled to the scum at CME. Ivanasshole is a total joke. I fart in your general direction breathe deep Ivan.



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Ralph Medolla said...

Ralph Medolla are the appliances you stole from Mr. Levitt when they built Strathmore still working. You guys stole everything that wasn't nailed down. We still hear about you old timers back then.

Anonymous said...

6:52, 7:01 and 7:11,

Why don't you just put everything you need to say in to one post, instead of trying to appear as several different writers?

Also, as far as the Medolla thing, I don't remember anything about appliances, just furniture and pizzas. He was a stupid ass just the same.

Rhymes with Loony said...

Breathe Deep Ivan,

Talk about a blast from the past! Toomey?!? His tactics were so bad that Kauff couldn't even stand him! His "Union City, Hudson County way" made Kauff nervous...

Vinci goodies and more said...

Wheres Ralph?

Too much truth for you Ralph?

Cops stealing appliances, cabinets and pizza?

Cop, paid fireman and corrupt councilman used to run the numbers in Aberdeen?

Did Vinci furnish his house too with stolen goods?

The dems should get nsecbigmouth to write the denials for them.

Right big mouth?

Write any old lady tickets today big mouth?

Toomey, Nick, Norm and $$$ said...

Toomey did not care for Coren and Kauff specifically and it was for reasons of faith shall I say. Other than the faith thing Toomey was a good judge of character in my eyes. Much like Nick M. though he also had his hand out all the time and was cutting into Norms take. That is why Nick and Toomey were the same exact way and Kauff had to cut them loose. At least Norm showed Nick a few things about buying real estate on the down low as a public official. Nick was a councilman when he made the deal for unit #1 on new condos on 34. Right Nickie boy?