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Posts Tagged ‘Pensions’

Progressives Compare Gov. Scott Walker to Hitler

by Phantom Ace ( 228 Comments › )
Filed under Barack Obama, Blogwars, Communism, Democratic Party, Economy, Elections 2010, Health Care, LGF, Liberal Fascism, Progressives, Republican Party, Socialism, Tranzis at February 18th, 2011 - 8:30 am

Progressives, such as online cult leader and supposedly great political analyst, Charles “Icarus” Johnson, complained when some Tea Party activists had posters of Obama as Hitler. As we know, this was mainly the Larouchers, who are themselves a cult. Either way it was a small segment of the Tea Party movement that did this. Yet leftists, like a certain unemployed Californian, are silent as Progressive public sector workers in Wisconsin compare their governor to Hitler and Mussolini.

The Republican governor of Wisconsin Scott Walker is attempting to prevent the teachers unions from abusing their collective bargaining powers. The teachers pay nothing towards their health care and pensions. This has led to a state deficit and and long term debt. Walker’s budget wanted to restrict pay increases to cost of living and force the workers to pay towards their pensions and health coverage. This is something that private sector workers do and they make less money. Clearly something must be done as this is not fair to the taxpayers of Wisconsin.

MADISON, Wis. – Faced with a near-certain Republican victory that would end a half-century of collective bargaining for public workers, Wisconsin Democrats retaliated with the only weapon they had left: They fled.

Fourteen Democratic lawmakers disappeared from the Capitol on Thursday, just as the Senate was about to begin debating the measure aimed at easing the state’s budget crunch.

By refusing to show up for a vote, the group brought the debate to a swift halt and hoped to pressure Republicans to the negotiating table.

[…]

In addition to eliminating collective-bargaining rights, the legislation also would make public workers pay half the costs of their pensions and at least 12.6 percent of their health care coverage — increases Walker calls “modest” compared with those in the private sector.

Read the rest: Wis. lawmakers flee state to block anti-union bill

The public sector unions have caused a fiscal crisis for the states. Public pay in many states is now more than private pay. This is an economic imbalance that is hurting this nation. Governor Scott Walker is tackling the problem head on to improve his state’s economic competitiveness, something Progressives don’t grasp nor care about.

As usual not only is the state union protesting, but they are receiving assistance from the regime of Community organizer in chief, Barack Hussein Obama. His Organizing for America group is sending advisers to assist the teacher’s union. Clearly this is outside interference in a local matter. This typical of what 3rd World regimes do and Obama is implementing this for America.

Here is video clip of some of the signs the Obama backed protesters were
carrying.

The failed California programmer praised these protests. Progressives like him are OK with Republicans being called Nazis or Fascists, but they get upset when they are compared to it. The real reason why Charles “Icarus” Johnson is OK with the Nazi comparisons is because he believes that Conservatives are Nazis. Chuck believes that these protesters really are fighting Nazis and that’s his reason for supporting them.

Progressives are hypocrites and Chuck the failed blogger turned online cult leader is just an example of this. Civility for thee, but not for me. This is why Conservatives must show the left no mercy. Politics is war through other means.

Republicans to prevent bailouts of State pensions

by Phantom Ace ( 184 Comments › )
Filed under Economy, Elections 2010, Elections 2012, Progressives, Republican Party at February 9th, 2011 - 8:30 am

I was admittedly frustrated for a bit wondering why the GOP is not addressing economic issues. Even with their idea to cut off federal funding for abortions, they named it the Protect Life Act (See correction) and preached morality. This gave Progressives the opportunity to paint the GOP as puritans again and preaching values. This should have stayed an economic matter. That is a winning argument the Republicans can have anytime. Even Pro-Choice people don’t want to pay for abortions. I was worried the GOP was once again going to start their Bush era family values stuff because they were not serious in addressing our economic issues.

Well to my surprise they are doing something that is meaningful. The Republicans are proposing to prevent federal bailout money to states for paying for pensions. Many of these pensions are ridiculous, especially ate a time when the average American has a non guaranteed 401K. This is not to disparage all States pension funds. Some states are responsible and have no problems. States like New York and California are beholden to public unions and have enabled the fiscal mess they’re in.

Republicans in the U.S. Congress on Wednesday will introduce legislation to get tough on public pensions as worries grow that chronic underfunding will drive states, cities and counties to demand help from the federal government and drag it into a financial mess.

Republican Representatives Paul Ryan, Darrell Issa and Devin Nunes, along with Senators Richard Burr and John Thune, plan to unveil a bill for “enhanced transparency for state and local pensions,” and prohibit the federal government “on any future public pension bailouts.”

[…]
Of the longer-term problems in state and local governments’ budgets, none currently looms as large as underfunded pensions for public-sector employees. Estimates for state pension underfunding range from $700 billion to $3 trillion because of disparities in calculating future returns on investments

Read the rest: Republicans Seek Ban on Pension Fund Bailouts

This is the type of legislation the Republicans should be pushing. This is a winning issue, since most Americans have no pensions. Why should Leftist states like Californian and New York get helped for their generous tax payers subsidized pensions? Even if it doesn’t make it past the Senate or Obama vetoes it, this is a winning issue. It gives the GOP a campaign issue to beat the Progressives over the heads with.

The Republicans in Congress should keep pushing as many economic and fiscal bills through as possible. The more Obama vetoes them, the more ammo they have against them. America has been in economic stagnation for 11 years now. The American people are losing faith in the American dream and the future. The GOP was elected to do something about it and they better keep hammering away. If the Republicans don’t focus on economic/fiscal issues, they will lose Economic Conservatives like me in 2012 to an Independent candidate or 3rd party. They should heed the lessons of 1992, piss off Economic Conservatives and you lose an election.Stay focused Republicans. This is your last chance.

Correction: The Protect Life act is to cut off for abortion funding in Obamacare. The bill to cut off all federal fundings for abortions is the No-Taxpayer Funding for Abortion Act. That said I don’t get why they have to call it the protect life bill? This should strictly  be  a economic and fiscal matter.

Pensions make cities raise property taxes

by Phantom Ace ( 161 Comments › )
Filed under Economy, Progressives at December 27th, 2010 - 8:30 am

The public sector unions are killing this nation. In many municipalities generous pensions are forcing tax increases. This is wrong since in many location public sector workers make 2 to 1 vs. private sector pay. They get pensions while most workers are lucky to get a 401K, which is not guaranteed money. This is an unsustainable situation because the more capital sucked up by the government the less available for investment in the private market.

Cities across the nation are raising property taxes, largely citing rising pension and health-care costs for their employees and retirees.

In Pennsylvania, the township of Upper Moreland is bumping up property taxes for residents by 13.6% in 2011. Next door the city of Philadelphia this year increased the tax 9.9%. In New York, Saratoga Springs will collect 4.4% more in property taxes in 2011; Troy will increase taxes by 1.9%.

[…]

Local officials and government workers say a confluence of factors is driving the increases, including the need to make up for staggering investment losses from the financial crisis and rising costs as more workers retire. In addition, benefit increases promised in flush times are coming due as revenue flounders, and some cities have skipped payments to their pension funds over the years.

Read the rest: Pensions Push Taxes Higher

This situation is just plain wrong. Why should workers who are providing public services funded by taxpayers get more pay and benefits than private workers who create the wealth? It is a Neo-Feudal system where we work and the government reaps the benefits. Taxes should not be raised, pensions should be cut. In fact, pensions should be eliminated and replaced with the 401K plans that private workers have. This situation is hurting this nation and unless hard choices are made it will cause an economic unbalance that will render America the global economic sick man.