Demonstrators with the Chicago Teachers Union rally at Daley Plaza in Chicago, Monday, Sept.Full Story
#355 Sep 25, 2012
There is a reason the Pa legislature has established and maintained these systems for the last 95 years. It has nothing to do with greed or the power of public employee organizations . The truth is that these systems benefit all Pennsylvanians morethan it costs the taxpayer to fund them .
Stephan M. Vak
President Pennsylvania Association of School Retirees
The real reason , Pa has the most legislators of any state. All on the take from union bosses that use union dues to lobby for legislative favors.
#356 Sep 26, 2012
There is no way around it. All the public pensions in every state , city, municipality , borough are all on the responsibility of the taxpayer wether through the state or the homeowner . So far no legislation has been passed to examine all these underfunded pension plans .
There will be a taxpayer revolt sooner or later . Your homes that have lost value will never be reflected in your inability to pay for all these pensions .
#357 Sep 26, 2012
I am an MD by profession and has actually been looking at jobs as high school teacher and in college.
Without a question, I have not seen any job that hasn't had better benefits than I have now.
With crazy work-hours, daily unpredictability and higher taxes, I was trying to calculate a net- vs net comparison. There is no question that being a teacher gives you most for the money. Heck, I could even do some Botox and minor cosmetics stuff on the side and not have to worry about a single medicaid, medicare audit again, never have to deal with another "quailtiy control" nurse that is showing some new BS "training" down my throat.
Probelm is, most sschool districts would give a 2.0 GPA fresh grad from teaching school a job instead of me. Such are the deals of entitelment and qualifications by title only.
If I do this, it will be due to my desire to have some time off for once. Just three months vacation and weekends always off sounds lie a no-brainer to begin with.
#358 Sep 26, 2012
Why would they want to live in Chicago after they retire and pay those high, high, high, income, property and sales taxes?
I think a new law is needed.
If you got your retirement from the public dole you have to retire where you get paid from so you can also share in the pain of those taxes.
If Chicago keeps this up all the teachers will be in that 1% category.
#359 Sep 27, 2012
Well, doesn't most of the teachers ALREADY live outside of the city? ANd send their own kids to private schoools? LIberals never fail to be consistent. They want all of us to throw our own kids into the line of fire (literally in Chicago's case), but no way their own would do the same.
I think it seems like the Chicago teachers are already in the top 1%.
Where is the occupy guys when you need them?
#360 Sep 29, 2012
Sort of sounds like social security . They give out more than they take in.
SS can be changed , school pensions are guaranteed legislation . They can never be changed . The 71% if correct can only rise to pay all the retirees . Your yearly school tax will rise every year like it has for the last seventy to pay out more in retirement benefits .
#361 Oct 2, 2012
Maybe the existing teachers and their union are behind this. These teachers obviously aren't too bright and probably don't want the competition.
#362 Oct 2, 2012
They want competition !
Now it's with the pay and working hours of the NFL .
Here they go-
#363 Oct 2, 2012
Same education as any NFL player ? Padded classes ,padded scores .
#364 Oct 2, 2012
71% of the money to school district goes to pensions. God help Chicago, because for sure I won't (any more) once my condo is sold.
#365 Oct 4, 2012
Yes, like "Deep Throat" in the movie, "All the President's Men" where he uttered the catchphrase "FOLLOW THE MONEY". This will always trip-up the lies and deceit.
I simply despise when they say it's for the children and that they are not getting enough money (when they're getting avg $76,000 and the median avg income of the Chicago people is $45,000 ... I mean, COME ON) and on top of this, They Do not want to take a test ... cause they may GET FIRED FOR FAILING .... YET THERE JOB IS TO TEST YOUR KIDS!!!!! Oh, give us more TAX MONEY!!!!!!! That's why the kids are failing .... FIRST THE MONEY GOES TO THE RETIREES (71% automatic), THEN INTO THE SO-CALLED POOR TEACHERS POCKET, THEN HERE AND THERE , THE LAST IN LINE IS YOUR KIDS. Look at the educational failure stats in Chicago!!!! NO MORE TAXES!
#366 Oct 5, 2012
We've been fighting this public pay and tax us scam since the 2nd WW ended . We screwed up all the Muslim Arab countries ever since and they hate us for it.
How about we quit giving all the Arab countries billions and still have to pay $8.00 a gl for gas .
Bring the troops home and give them all jobs working our own oil pumps and let the Arabs kill each other over who will buy the oil after we get the hell out .
Good ole american ingenuity . Hire civilian contractors to put out all the oil field fires Saddam lit and when they get them all under control they threw flares in them again to make more money putting them out .
My point is ,piss on this election . Nothing will change . We're still the ugly American.
#368 Oct 9, 2012
I agree with you to some point but I must have hope that things WILL change for us, our children, and our grandchildren. No one can fix all of the mess. I just hope enough can be done to help the economy, reduce the deficit, and for people to believe in America again.
#369 Oct 9, 2012
When do they start ? Even if they changed public pensions and benefits for new hires the deficit will remain for the people already in the system. We need jobs to pay off the public pensions and medical . Too much beauracracy and managers to climb out of the hole .
It would take a concerted effort with public input combined to look a the balance sheet of public employees and you're not getting them. These are politicians playbooks to get elected and milk the same system with your money . Do you really want things to get better so they can all play catch up on your dime ?
#370 Oct 10, 2012
In Pa we're at the sharp edge of a knife that cuts the money from your pocket . School districts make a budget and send it to the taxpayers in that district . That's how slick Ricky Santorum sent his six kids to cyber school in Virginia and billed a small district in Pa to pay for it. Its the law in Pa crafted with school unions , lobbyists , payoffs and corruption . We stand a better chance of being taken over by China than any bailout from Obama that doesn't benefit his own interests.
#371 Nov 6, 2012
Chicago Teachers DO NOT care about students--just themselves. American students go to school 180 days per year. There are 365. They have part time jobs and even get a day off for Election Day.
Where else would you see Unions killing our students and America like this? Unions are poison as are those who support them. Look what Unions have done to Greece-Spain-Italy etc. There was, long ago, a benefit to society but now Unions are simply killing America.
#372 Nov 6, 2012
Pennsylvania School Employees Retirement System :
In April 2012 PSERS wagered $255 Million of retirement money on the weather ?
You can't make this schidt up. The Nephila Palmetto Catastrophe Fund takes $255 million of retirement money and bets in on the weather a few months before the worst hurricane hit the NE and a Nor'easter coming tomorrow ?
Evelyn Tatkovsky PSERS press secretary said it's too early to tell what the exact impact could be ?
As a sort of hidden side note , as of September 2012 PSERS has invested $375 million in reinsurance market .
No matter how you shake the millions in underfunding of the pension money or where they invest it, the taxpayers of Pa are responsible to make up and pay all pensioners agreements and any underfunding that their goofy investments will incur.
The cost of the N.east hurricane is already at 50 billion and climbing .
They don't care but answer this ? If America is the richest country why do we depend on Russia for our space program, our dollar is lower than anywhere else except Betio atoll, we were anywhere from 125 to 160 american to canadian dollar and are now worth about $.95 ?
#373 Nov 8, 2012
Good time or bad for weather bets using PSERS retirement money ? How does 3 trillion in nine states sound that made these investments ?
Think it's only Pa , think again?
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