Changes at the Top of Martha Turner Realty Firm; The Last of Galveston’s Ike Recovery Funds


Photo of The Treehouse at Memorial City: elnina via Swamplot Flickr Pool


One Comment

  • Re: Moody’s Rating. The biggest single line item that threatens the city’s financial health and the rating is the ridiculous pension liabilities (over 3 Billion at this point). Politicians always promise more money more money more money when they run and the bill usually comes due after they’re gone from office. Well, the bill is due now. Pensions need to be RECALCULATED to match what the private sector equivalent would have been over the last couple of decades. It is illogical and yes immoral for government jobs to have higher benefits and pensions than private sector jobs. It means the government is overpaying and it means it’s stealing from taxpayers.