This is a story where the Oakley city manager, who earns about than $200,000 a year has not paid his mortgage since 2009 on a property. He was given an exceptionally low interest rate on this property from the start so that the city could "lure" him from Nevada. I guess they couldn't find a single suitable local person to do this job.
He makes twice the salary our family does, he has the huge pension building up, which we do not, and about the same monthly mortgage rate as our family and somehow he will not pay his mortgage, even though he still has a job.
Now the council have bailed him out to the tune of $366,500 to "rescue" him from his underwater mortgage.
And people wonder why we vote NO to new taxes, even though we need them. I would happily pay a bit more to help the truly poor (not this guy). I would pay more for elderly people who need help and children.I will not pay more so that public officials, union members and banks can get even better benefits and bailouts. Right now the poor, elderly and children are getting hammered so that vested interests get great incentives and bonuses and bailouts. And until this ends I will not vote yes for taxes. Publicly elected officials need to treat our money with more respect.
This story contains 238 words.
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