I'll get to the Full City Council Newsletter tomorrow. The biggest issue talked about tonight was a focus on the poor Economy by the City's Assistant City Manager/Financial Advisor Warren Wood. He talked about the issues facing the city with the 2013-14 fiscal budget... about it being hard to increase revenues in this economy and the economy that he foresees. He believes that the city must focus on further cost cutting measures and the necessity to use part of the General Fund "Unfunded Balance" for necessary "Capital Maintenance" projects over the next several years.
The focus is on reducing the number of people working for the City by getting people to accept early retirement plans. There are 84 current employees that look to be eligible for this plan. These employees would have to make this decision to retire between July 1 and October 1 of this year. Warren talked about reorganizing and restructuring departments and eliminating and restructuring departments. He talked about keeping healthcare costs in check by instituting an employee compliant healthcare system. If an employee has traits, such as High Blood Pressure, cholesterol, or other issues, and they don't follow medical advice to keep them in check, then they are going to have to carry more of their personal healthcare costs. In other words, much of the burden of cost cutting measures will fall on city staff.
Warren Wood has always been realistic in these presentations. This shows where he sees the economy headed and it wasn't a rosy scenario. Below are some videos about the realities that we face as a nation in the near term future.
Gerald Celente on The Tom Sullivan Show - FOX ; Business News 19 March 2012 : we are in a severe recession here , this recovery is a paper recovery says Gerald Celente , , history is repeating itself only names and places have changed he added if we go to war with with Iran this is going to be the beginning of world War III.
Giving Voice to the Silent Majority - In this formal speech, Warren Pollock demands change in America on behalf of the Silent Majority of Americans. Please spread the word and join me in reforming policies of the United States both domestically and abroad. Lets give voice to the Silent Majority now being overrun by pervasive fraud and lawlessness.
Gerald Celente - The Banks have No Money - Everything Financial Radio - 18 March 2012 : they are flooding the markets with cheap money and as long as there is cheap money the market should continue to go up , until reality strikes , what will make reality strike , what made it strike the last time , we got have to see evidence of the fraud before it hits reality.