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Fox29 goes DROP crazy
Fox29 goes DROP crazy
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In the last two weeks, in the wake of Ralph Cipriano's April 22 cover story on the city's Deferred Retirement Option Plan (DROP), "The Billion-Dollar Boondoggle," the local media has piled on. The Inquirer called for the end of DROP in an editorial called "DROP is bad all over." The Daily News' Signe Wilkinson lambasted City Council and its president, Anna Verna, in an editorial cartoon. The DN also mentioned DROP in an odd editorial, "The big lie isn't DROP," claiming that the "double dip" is not the biggest of the city's pension worries (without exactly explaining why DROP isn't a big POTP). But nobody's been quite so enthusiastic in its DROP-kicking as Fox29, which has run multiple segments on the program, starting with this one and including the videos linked above and after the jump.
Two points:
- Fox29 seems fixated on the elected official angle — which is, granted, the easiest to work up a lather about (though that loophole has been closed for future elected officials) — but what Cipriano's piece points out is that while the DROP bonuses of high-ranking officials are the easiest to pin a bullseye on, it's the sheer number of people (all city employees are eligible) receiving smaller DROP bonuses that really seem to endanger the pension system.
- Kerri Lee Halkett's Boondagle/Boondoogle slip up in the video above is awesome stuff.
PREVIOUSLY >>> Cipriano talks DROP on Fox29.
PREVIOUSLY >>> Inky big-ups Cipriano's DROP investigation
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[...] Fox29 goes DROP crazy :: The Clog :: Blog Archive :: Staff Blog … [...]
[...] Fox29 goes DROP crazy :: The Clog :: Blog Archive :: Staff Blog … [...]
[...] Fox29 goes DROP crazy :: The Clog :: Blog Archive :: Staff Blog … [...]
[...] Fox29 goes DROP crazy :: The Clog :: Blog Archive :: Staff Blog … [...]
[...] Fox29 goes DROP crazy :: The Clog :: Blog Archive :: Staff Blog … [...]
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