Thursday, October 14, 2010

City taxpayer question of the day

Q: Why does a city pension board trustee fly to Miami for three days at taxpayer expense to meet with representatives of an investment firm that has offices in Philly?

A: Because city taxpayers are footing the bill, and since you don't have to tell where you stayed on their dime, you can pick a swank hotel and live it up.
B: Because the pension fund is $300 million in the red and you need a break from the stress
C: Because you paid this firm millions for worthless investment advice and now they owe you dinner by the pool
D: All of the above

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