Democrat legislation killing higher education and bankrupting America one state at a time.

[ridestrong 1]

Democrat legislation killing higher education and bankrupting America one state at a time.

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http://online.wsj.com/article/SB10001424052748704187204575101461287544470.html

When will students figure out the politicians have sold them out? Hundreds of University of California students rallied against a 32% tuition hike last week.

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"The bill refigured the compensation formula for pension benefits of all public-safety employees who retired on or after January 1, 2000. It let firefighters retire at age 50 and receive 3% of their final year's compensation times the number of years they worked. If a firefighter started working at the age of 20, he could retire at 50 and earn 90% ... See Moreof his final salary, in perpetuity. One San Ramon Valley fire chief's yearly pension amounted to $284,000—more than his $221,000 annual salary."
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"Mr. Schwarzenegger has routinely called for pension reform, but the Democratic legislature has tossed aside the Terminator like a paper doll. Last year, he proposed rescinding the lucrative pension pay-off for new employees, which he estimated would reduce pension pay-outs by $74 billion and health-care benefits by $19 billion through 2040. More recently, he called for doubling state worker contributions to their pensions to 10% from the current 5% of their pay. But these propositions have little traction in the legislature."
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*I am not afraid of dying... I am afraid of missing life.*
----Disclaimer: I don't know shit about skydiving.----

[kallend 2,150]

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Democrat legislation killing higher education and bankrupting America one state at a time.

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http://online.wsj.com/article/SB10001424052748704187204575101461287544470.html

When will students figure out the politicians have sold them out? Hundreds of University of California students rallied against a 32% tuition hike last week.

.
.
"The bill refigured the compensation formula for pension benefits of all public-safety employees who retired on or after January 1, 2000. It let firefighters retire at age 50 and receive 3% of their final year's compensation times the number of years they worked. If a firefighter started working at the age of 20, he could retire at 50 and earn 90% ... See Moreof his final salary, in perpetuity. One San Ramon Valley fire chief's yearly pension amounted to $284,000—more than his $221,000 annual salary."
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"Mr. Schwarzenegger has routinely called for pension reform, but the Democratic legislature has tossed aside the Terminator like a paper doll. Last year, he proposed rescinding the lucrative pension pay-off for new employees, which he estimated would reduce pension pay-outs by $74 billion and health-care benefits by $19 billion through 2040. More recently, he called for doubling state worker contributions to their pensions to 10% from the current 5% of their pay. But these propositions have little traction in the legislature."
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So you believe in double standards and/or reneging on contracts.

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The only sure way to survive a canopy collision is not to have one.

[mnealtx 0]

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So you believe in double standards and/or reneging on contracts.

So do you - executive pay/bonuses.

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[idrankwhat 0]

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Democrat legislation killing higher education and bankrupting America one state at a time.

While simultaneously trying to make higher education more affordable and accessible for the students and actually profitable for the federal government.
Those crafty devils.
http://edlabor.house.gov/blog/2009/07/student-aid-and-fiscal-respons.shtml

Unless the bank lobby wins....again.
http://www.nytimes.com/2010/02/05/us/politics/05loans.html

[pirana 0]

A great example of programs begun with all good intent, then being allowed to run amok because of greed and the all pervasive reform-is-good-but-don't-begin-with-me attitude.

Social programs run amok are just a different flavor of evil than free markets run amok. Whether we rely on social engineering or market forces only determines which flavor of abuse we will be fighting.

What's the saying? Life is like a box of chocolates; all your choices are bad for you.

" . . . the lust for power can be just as completely satisfied by suggesting people into loving their servitude as by flogging them and kicking them into obedience." -- Aldous Huxley

[hwt 0]

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So you believe in double standards and/or reneging on contracts.

So you believe in bankrupting the state and country? When are you going to learn that the unions are getting a lot more money and benefits then the tax payers who have to pay for their wages and benefits . How much is enough? California will need another bail out soon and they fail to address this problem.

[kallend 2,150]

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So you believe in double standards and/or reneging on contracts.

So you believe in bankrupting the state and country? When are you going to learn that the unions are getting a lot more money and benefits then the tax payers who have to pay for their wages and benefits . How much is enough? California will need another bail out soon and they fail to address this problem.

So in reality all this is about union bashing. Figures.

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The only sure way to survive a canopy collision is not to have one.