tag:blogger.com,1999:blog-53246864840716464.post3380011536635079946..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: "Out of Every Dollar that Funds Wisconsin' s Pension and Health Insurance Plans for State Workers, 100 Cents Comes from the State Workers"Unknownnoreply@blogger.comBlogger9125tag:blogger.com,1999:blog-53246864840716464.post-47996514332179558582011-02-28T14:54:49.178-08:002011-02-28T14:54:49.178-08:00Bravo!
http://eye-on-washington.blogspot.comBravo!<br /><br />http://eye-on-washington.blogspot.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-50176586714801266722011-02-28T07:17:22.375-08:002011-02-28T07:17:22.375-08:00If the pensions were cash balance plans then I cou...If the pensions were cash balance plans then I could understand the argument that the pension payments by the state treasure are simply deferred compensation. However, since they are defined benefit instead of cash balance you don't have that certainty of "what's paid in" vs. "What's paid out." The state is signing up for an open ended liability with a known and fixed input.<br /><br />Either way it has to change: either they get a cut in deferred compensation or the benefit plan changes to cash balance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-16543083983816792112011-02-28T00:36:12.717-08:002011-02-28T00:36:12.717-08:00The article states that state workers paid 100% of...The article states that state workers paid 100% of their pension payments, nothing could be more ridiculous. All state workers pay comes from taxpayers. Just because state workers save some money and pt some into pensions does not alter that relationship.<br /><br />The public is demanding that the sweetheart deals, meaning elected offcials receiving votes after appriving unsustainable wages and benefit packages, be reined in, brought under control. Giverment spending is at records highs in terms of percentage of GDP, and the public is sick of it.Eweihttps://www.blogger.com/profile/00676304322472771258noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-13224117101348825532011-02-27T21:57:09.291-08:002011-02-27T21:57:09.291-08:00I don't believe one word of this article.I don't believe one word of this article.Bubbahttps://www.blogger.com/profile/02777393769574762800noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-64461038072912506812011-02-27T21:24:17.247-08:002011-02-27T21:24:17.247-08:00Total semantic argument. Yes, if a state employee...Total semantic argument. Yes, if a state employee union also brokers Rolls Royce's for each of their members as 'compensation' that too is 100% funded by the workers.<br /><br />...cut me some slack if I'm becoming disillusioned with my once favorite blog.<br /><br />Average collectively bargained compensation in my school district (Milwaukee) is $100k/yr per teacher - one of the worst performing school districts in the nation.<br /><br />Walker has never attacked the employees - the unions and their controlled collective AKA the Democratic Gov and Legislature of the last eight years is were his blame rests - as demonstrated in the subversively taped phone prank.<br /><br />Big turnouts on recall petitions for AWOL senators this weekend. Will indie media continue to placate the noisy 4% bobblehead Collective in our state when the democracy uprising again (which started last November in record voter turnout) makes its will known?Unknownhttps://www.blogger.com/profile/07069831280405569730noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-2764794626439543072011-02-27T20:32:52.761-08:002011-02-27T20:32:52.761-08:00The pensions and benefits weren't bargained fo...The pensions and benefits weren't bargained for, they were bought. The unions vote in officials who give them what they want and no one looks out for the taxpayer. This has nothing to do with banks, that's a totally separate issue.Purewaterhttps://www.blogger.com/profile/11480488940654324396noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-24390003516730833072011-02-27T20:26:00.628-08:002011-02-27T20:26:00.628-08:00Pulitzer prize winner, not Nobel.Pulitzer prize winner, not Nobel.Unknownhttps://www.blogger.com/profile/05360015223897156586noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-43478542081281832822011-02-27T18:46:34.693-08:002011-02-27T18:46:34.693-08:00If you reject my last comment, could you please se...If you reject my last comment, could you please send me a copy. I was previewing it, when it disappeared. Thanks.drdolittlehttps://www.blogger.com/profile/13637699418033574736noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-22753078885985907492011-02-27T18:38:10.822-08:002011-02-27T18:38:10.822-08:00The first cuts that should be made are the unearne...The first cuts that should be made are the unearned subsidies to the banking industry. We must stop paying banks interest on every dollar in existence.<br /><br />Dollars are created by taking a loan from a bank. Those dollars are erased when the loan is repaid. But the interest charged for that loan must be created from another loan. So if you think about this, to maintain the same number of dollars in the economy, the debt MUST increase exponentially. So why are we supprised that we are in debt? And why do we continue to put up with this scam?drdolittlehttps://www.blogger.com/profile/13637699418033574736noreply@blogger.com