Public Unions – Engines of unspeakable greed

Read this article to understand how this cancer has metastasized into our entire body politic.

When they ask you how you can use such harsh rhetoric, tell them that “pigs get fat, hogs get slaughtered,”

Scott Walker trying to save his state from this fate

Farewell, My Lovely
How public pensions killed progressive California

As 72-year-old Jerry Brown enters his second governorship, he has an agenda to match that power, with visions even greater than those that haunted his two-term administration of the 1970s and ’80s: building 20,000 megawatts of renewable power, laying a new high-speed rail network that will connect the state’s major cities, forging a statewide infrastructure for alternative energy, hiring thousands of green employees. The new governor’s environmental agenda is ambitious, untenably expensive, and indelibly popular with voters and lawmakers.

Yet when Brown looks out on Democrat-controlled California, he seems less like Caesar at the Rubicon than Wojciech Jaruzelski at the Gdansk Shipyard. Brown is champion of a workers’ party with monopoly control, yet all his plans are being derailed by a labor movement nobody can harness.

At press time, California was being governed under a state of economic “emergency” declared by Brown’s predecessor, Arnold Schwarzenegger, in light of a staggering $28 billion budget shortfall expected in the next 18 months.

It gets worse. Medium-term unfunded liabilities for government employee pensions are pegged by the Legislative Analyst’s Office at $136 billion—and that’s a lowball figure. Legislative analyst Mac Taylor acknowledges in his current fiscal outlook report that the estimate leaves out billions in funding shortfalls at the pension funds for public school teachers and University of California employees. In the next 10 years, taxpayers will most likely be on the hook for somewhere between $325 billion and $500 billion. (Over the past five years, state revenues averaged $94.5 billion per year.)

How did this happen?

It happened because too many people were asleep at the switch, believing we could spend lavishly on a corrupt and lazy class of greedy public employees who bought the politicians they were bargaining with.

It’s time for the Big Haircut. Cut their pensions and health benefits or fire them an hire new people under new rules. It’s that simple.

5 Years ago, I was crazy. Now I’m prescient

As we watch the shake out of the education reforms on the table across the nation, and as we watch the outcome of Scott Walker’s entirely justified “assault” on greedy public sector workers who refuse to pay a dime toward their pensions or health care…

Just remember that this tiny blog accurately predicted the financial conflagration unions have visited upon this nation, as well as the justified public backlash.

Pigs get fat, Hogs get slaughtered.

Slaughter the Hogs.

Another funny home made movie