Unions trounced in California

[g5000]

You have no fucking idea what you are talking about. Corzine promised an increase in benefits EVERY year he was in office.

Wow. You sure got that wrong.

Gov. Jon Corzine has signed a law changing several key benefits for public employees. The changes will mainly affect newly hired state workers and teachers.
The bill increases the age at which newly hired employees can retire with full benefits from 60 to 62. Under the law, Lincoln’s Birthday is no longer an official holiday for state employees, and government workers and teachers must now earn $7,500 per year to qualify for a pension.
The bill also allows the state to offer incentives not to take health insurance and require municipal employees to work 20 hours per week to qualify for health benefits.
Corzine’s signature on the bill yesterday comes three months after the legislature approved it.
State labor unions had been urging the governor to veto the bill.

Corzine Approves Cuts in Public Worker Benefits | Brookdale Public Radio


I think we can see who has no fucking idea what they are talking about.

 

[g5000]

The thieving took place before Corzine came along:

I did not claim he was the first, but he made sure it continued under his watch.

Nope. You are about as wrong as it gets on that count.

 

[g5000]

Corzine had long insisted that state employees must bear part of the cost of their health benefits after retirement. As of July 1, 2007, in agreements with the Communications Workers of America, the American Federation of State, County, and Municipal Employees, and the International Federation of Professional and Technical Engineers, active State employees in those unions (as well as certain other non-union employees) are now required to contribute 1.5% of their salary to offset health care costs. State and local employees’ contributions to the two largest pension systems increased by 10%, from 5% to 5.5% of their annual salaries and increased the retirement benefit age for new public employees, from 55 to 60 years.[72]

Jon Corzine - Wikipedia, the free encyclopedia

 

[grunt11b]

They can't win at the polls, so now they will turn to the Courts to waste more Taxpayer money.

That's how the left has always done things, if they cannot win at the polls or through legislation they simply have the courts legislate it from the bench.

 

[g5000]

They can't win at the polls, so now they will turn to the Courts to waste more Taxpayer money.

That's how the left has always done things, if they cannot win at the polls or through legislation they simply have the courts legislate it from the bench.

Who used the courts to get all those state laws controlling guns overturned by the courts after they lost at the polls and lost through legislation?

 

[Mr.Nick]

They can't win at the polls, so now they will turn to the Courts to waste more Taxpayer money.

That's how the left has always done things, if they cannot win at the polls or through legislation they simply have the courts legislate it from the bench.

It's funny they can't handle losing.... They're little babies.

 

[Big Fitz]

Whoops, was that your eye my thumb poked?

[ame=http://www.youtube.com/watch?v=EU-IBF8nwSY]Ronald Reagan TV Ad: "Its morning in america again" - YouTube[/ame]

Part deux opening in California and WI. Coming soon to a state near you.

 

[Big Fitz]

They can't win at the polls, so now they will turn to the Courts to waste more Taxpayer money.

That's how the left has always done things, if they cannot win at the polls or through legislation they simply have the courts legislate it from the bench.

Things don't look good for em this time either. They're going to try and Palin him... but the way they're lined up... many of them will be the ones getting indicted.

 

[uscitizen]

States and municipalities ahve cronically underfunded workers pensions for generations.
They took no actions and now they are in a bind.
This is true in red and blue states.

 

[Big Fitz]

States and municipalities ahve cronically underfunded workers pensions for generations.
They took no actions and now they are in a bind.
This is true in red and blue states.

States have chronically overspent their tax base first.

 

[Zander]

The choice is simple: allow the unholy alliance of public sector unions and Democrats to continue bankrupting cities, counties and states; or make changes.

Looks like the electorate is finally waking up.

 

[Too Tall]

They can't win at the polls, so now they will turn to the Courts to waste more Taxpayer money.

That's how the left has always done things, if they cannot win at the polls or through legislation they simply have the courts legislate it from the bench.

Who used the courts to get all those state laws controlling guns overturned by the courts after they lost at the polls and lost through legislation?

That would be those the read the 2nd Amendment to the US Constitution.

 

[rhodescholar]

Wow. You sure got that wrong. I think we can see who has no fucking idea what they are talking about.

Firefighters, Police Officers Rally Outside Of New Jersey Capital Statehouse - My Firefighter Nation

Hillsdale College - Imprimis Issue

I'll have more/ better links later, the fact of the matter is that corzine was a true blue friend of the public unions...

 

[rhodescholar]

States and municipalities ahve cronically underfunded workers pensions for generations.
They took no actions and now they are in a bind.
This is true in red and blue states.

No, they simply assumed ridiculous rates of return like 8% forever, which is absurd.

 

[RoadVirus]

And so it begins:

San Jose unions move forward with challenge to pension reform | abc7news.com

Talk about sore losers.

The Unions don't give a flying fig that they are one of the biggest problems when it comes to the California's fiscal disaster.

 

[g5000]

You have no fucking idea what you are talking about. Corzine promised an increase in benefits EVERY year he was in office.

Wow. You sure got that wrong. I think we can see who has no fucking idea what they are talking about.

Firefighters, Police Officers Rally Outside Of New Jersey Capital Statehouse - My Firefighter Nation

Hillsdale College - Imprimis Issue

I'll have more/ better links later, the fact of the matter is that corzine was a true blue friend of the public unions...

You do realize the first article is about Christie and not Corzine, right? 2011. Christie was governor.

The second article also has nothing to do with Corzine's term as governor.

The links and quotes I provided are solid evidence he CUT the public employee union benefits while he was governor. He also increased the money going to the pension funds instead of stealing from the funds as had been done the 10 years previous to his administration.

I also provided evidence that one of his GOP predecessors is the one who passed costly increases in benefits given to public employee unions.


You got spanked. Admit it.

Sorry your butt hurts.

 

[Quantum Windbag]

Yeah, we want all popular things like slavery, segregation, and sexism. those were all landslide victories in the past. The masses should always be able to vote your rights away, right? because the public never does anything stupid.

Maybe you should wake the fuck up and realize that popular doesn't mean right.

A tad extreme on the comparisons there..don't Ya think?

The corruption and absolute greed of the unions in California have had the legislators and the private sector by the "boys" for all too long, let the private sector free in my opinion.

I agree that some of the union benefits here in CA are over the top...but the unions did not create these contracts alone. They were agreed to by both parties...and now one side wants to renig. Would you want that to happen to any contract YOU'VE signed?

They are free to quit and find a real job, just like everyone else. There are union members who voted for that pension reform, so they think the terms are fair.

 

[g5000]

The union pension thing is just another aspect of the fallout of the derivatives bubble. Wall Street led everyone to believe the traditional 8 percent annual return on investment (ROI) was a thing of the past, and that all future investments would return 20 percent.

Based on this asinine pie-in-the-sky pipe dream, states felt their pension fund investments did not need to be funded at the level required when ROI was "only" 8 percent. Since ROI was going to be higher, it was therefore going to take less contributions to support future outlays. So they lowered the contributions and raised the benefits.


Then the house of cards collapsed and the illusion is now just so much vapor.

Time to pay the piper. Promises of higher benefits are going to have to be broken, and all that money that was not put in is now owed, with interest.

This is not a Republican/Democrat thing. This is a dumbshit government politician thing. Democrats and Republicans alike drank the bongwater. Hell, even Larry Summers drank it and he was one of the engineers of the derivatives bubble! He lost over $2 billion from the Harvard endowment fund when the derivatives bubble popped.

 

[Darkwind]

A little reality for the Public Unions.

You can take a little less now..


Or nothing later on.

Your greed has brought it to this end.

Chose which it will be.

 

[ScreamingEagle]

The union pension thing is just another aspect of the fallout of the derivatives bubble. Wall Street led everyone to believe the traditional 8 percent annual return on investment (ROI) was a thing of the past, and that all future investments would return 20 percent.

Based on this asinine pie-in-the-sky pipe dream, states felt their pension fund investments did not need to be funded at the level required when ROI was "only" 8 percent. Since ROI was going to be higher, it was therefore going to take less contributions to support future outlays. So they lowered the contributions and raised the benefits.


Then the house of cards collapsed and the illusion is now just so much vapor.

Time to pay the piper. Promises of higher benefits are going to have to be broken, and all that money that was not put in is now owed, with interest.

This is not a Republican/Democrat thing. This is a dumbshit government politician thing. Democrats and Republicans alike drank the bongwater. Hell, even Larry Summers drank it and he was one of the engineers of the derivatives bubble! He lost over $2 billion from the Harvard endowment fund when the derivatives bubble popped.

unions are more about Democrats but even they will abandon ship...

each state has a political bureaucracy and an administrative bureaucracy....the political being all about jobs and contracts....and the administrative being about pensions and healthcare...

dumb question...but given a choice....which bureaucracy do you think the politicians will abandon first....?

when bankruptcy looms.....even Democrat politicians (like Corzine) will let the union pensions and bennies go first.....who else are the unions going to vote for anyway...?