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.gov is the new .com

2009-11-18 21:43:09.095351+00 by Dan Lyke 2 comments

Remarking on Anil Dash joining Expert labs, Theresa D. Singh tweeted:

.gov is the new .com

and I couldn't help but think back to a New York Times article which mentions Henry Chung, formerly an assistant vice president at Merrill Lynch, now a NYPD patrol officer, and another officer who formerly worked for WaMu:

“I was making a lot of money, and then not making money,” he said. “As the economy got worse, the investments dried up and I needed more stability. The police offer a pension that’s unheard of.”

And I shudder at the notion that ".gov is the new .com" is completely plausible.

[ related topics: Invention and Design Law Enforcement Currency New York Economics ]

comments in ascending chronological order (reverse):

#Comment Re: made: 2009-11-18 22:56:48.731714+00 by: John Anderson

.gov no longer offers the unheard-of pension, but they do offer the virtually-impossible-to-get-fired-regardless-of-(in)competence-level benefit...

#Comment Re: made: 2009-11-18 23:05:23.98128+00 by: ebradway [edit history]

ebwolf@usgs.gov

While I don't have the legendary federal employee pension (CSRS), I do have a decent pension plan (FERS) and tax-deferred savings account (Thrift Savings Plan). Oh - and the "we want the same insurance that the President has - it's called FEHB. It's not one plan, it's a selection of plans with different amounts of employee contribution.

Of course, my father got incredible retirement benefits for US Military Service. He was able to retire at age 49 after 30 years of service with something like 75% of his base pay plus health benefits.