Unfunded New York State pension plans might be Governor Andrew Cuomo’s ulterior motive for sending senior citizens who tested positive for Corona Virus from hospitals where they were being treated back to nursing homes for “continued care” rather than to the military-run Comfort ship and Javitz Convention Center field hospital, where thousands of beds were empty.
According to Wall Streeter John Tabacco, who had been appointed by former New York Governor David Paterson to the New York State Pension Review Task Force, there were at least $6 billion reasons for the deadly decision.
Years of mismanagement of the retirement benefits that seniors expected to enjoy in their golden years has left the cupboard bare. But the sudden deaths of 6,000 seniors who could have lived for another decade or so would certainly fill the cooker jar we call the failing pension system.
“There is not a retirement system in this country that has more waste, fraud and abuse than I found in the new NYS Public Retirement System,” Tobacco said on his Wall Street insider’s television show on Newsmax, Liquid Lunch TV.
“There is a huge festering problem in our country with pension plans. They are all unfunded, they are all underfunded; if there is a rash of early retirements, the cash is just not going to be there.”
Then he broke down the nefarious math: 6,000 seniors drawing pensions of $35,000 each who could have been expected to live another 12 years equal to whopping savings.
“Lo and behold, just on Pension liability, the government of New York would save payments of approximately $3.5 billion,” said. “That starts to mend up a little hole in the pension system.”
A hole that you could an Army Humvee through, with room to spare..
New York State pays a third of an annual $75 billion budget, averaging $125,000 per senior, so $40,000 would be the state cost, Tabacco explained — another $3 billion or so saved for Cuomo.
And let alone those already retired, how about all of the state’s essential workers who died on the job?
The corona virus scam extends beyond just the death benefit; hospitals treating the patients were also co-opted to keep up the hype.
Hospitals receive $39,000 for each patient who tested positive for Corona Virus upon their death, on top of the $13,000 per patient the hospitals received for admitting a Corona Virus patient overnight. At least for the publicly state hospitals, that money now goes back into their kitty.
The March 25th mandate that legislated infected senior citizens returned to their group living homes was quietly scrubbed from the State of New York Health Department’s website last month. The rationale at the time was that it would free up hospital ventilators.
What has made New Yorkers sick to their stomachs was the wording of Cuomo’s mandate to disguise the motive and appear on the surface to even benefit constituents.
The mandate states, ”No resident shall be denied re-admission or admission to the [nursing home] solely based on a confirmed or suspected diagnosis of COVID-19. NHs are prohibited from requiring a hospitalized resident who is determined medically stable to be tested for COVID-19 prior to admission or readmission.”
As for the timing of the decision, it came after Cuomo met with the hospital lobbying group — in other words, the fix was in, they don’t call him Quid Pro Cuomo for nothin’!
And although the 6,000 deaths bandied about is evil enough, who knows, the number could be as “yuge” as a cool 10,000 dead in New York.
According to The American Spectator:
Cuomo’s own government admits to nearly 6,000 of the killings attributable to his order. The data are so shocking and indefensible that he understandably now plays three-card monte and does not count among his nursing-home killings any senior who contracted COVID-19 in a skilled nursing facility and thereafter was removed to die in a hospital. No question that the honest tally is closer to 10,000 Cuomo killings. Quaere whether the Federal Sentencing Guidelines distinguish much between killing 5,000 or 10,000 people.
Nationwide, according to House Republican Whip Steve Scalise, nursing home deaths have surpassed 50,000 — that’s some $20 billion of state pension and another $20 billion or so in state Medicaid costs that just disappeared into the heavens.
“Not only was it our senior citizens, but there were many who were public sector workers that are gone from us now,” said Mike Zumbluskas, a resource management analyst for the New York City Department of Transportation, veteran of the U.S. Army’s Second and Third Cavalry units and an Independent candidate for New York State Senate District 28.
“One friend I know, worked for the City for 40 years, just two years from retirement, died from the virus. A lifetime of work, years and years and years of saving for golden years.”
And that was perhaps the only bright move made by the Governor, to announce on Memorial Day that families of essential workers, those who showed up for work everyday while the rest of America watched safely from home, will receive their benefits — otherwise, that money would have also disappeared.
Local, county and state pension funds will pay for the benefits, Cuomo said. Essential workers included those in health care, police officers, firefighters, EMS employees, grocery store workers and others on the state and federal essential workers lists—during the pandemic and died after contracting the virus, he said.
“Many of those people who showed up and did their duty and served with honor lost their lives to keep others safe,” Cuomo said. “We’re saying we honor that service and we’re going to make sure that every government in the state of New York provides death benefits to those public heroes who died from COVID-19 during this emergency.”