Showing posts with label pensions. Show all posts
Showing posts with label pensions. Show all posts

Wednesday, November 19, 2008

Who says crime doesn't pay?

In spite of the felony conviction and electoral defeat of Sen. Ted Stevens (R-AK), the Republican of longest tenure ever in the U.S. Senate, the 40-year veteran is nonetheless eligible for a $122,000 annual pension, complete with cost-of-living adjustments.

Remember Rep. Dan Rostenkowski (D-IL), the 35-year House veteran and former chairman of the House Ways and Means Committee who was convicted in the House Post Office scandal in 1994? He still takes home $126,000 a year.

Who knows what lurks in the hearts of evil men? But when you hear these cases you have to suspect that tenure and lack of competitive elections play a role in the downfall of such once-respected national leaders. Certainly they were not sent to the Senate so many decades ago with the arrogance, sense of entitlement and opportunity that led to their ultimate self-destruction.

After the inconveniences following their respective convictions, both gentlemen are able to ponder such questions for the rest of their lives in leisure -- on our dime.