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subsidizing bloated Califonia public pensions

Original post made by who's kidding who?, Another Palo Alto neighborhood, on Jan 25, 2009

Under pending legislation sponsored by Congresswomen Eshoo, Spier, and Feinstein (January 17, 2009 Palo Alto Daily News) billions in federal tax dollars would go to bail out California public employees’ pension funds.

Why should the workers of Colorado and Connecticut, trying to raise families and recoup their own pension losses, be required to subsidize the overly generous pensions of California’s “public servants”?

Comments (4)

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Posted by Perspective
a resident of Midtown
on Jan 25, 2009 at 10:02 am

I hope it fails..that is disgusting. What is wrong with California that it can't take care of its own business?

Oh, that is right..the people want to spend it ALL in good years and not save anything for the future bad years which ALWAYS come...

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Posted by another perspective
a resident of Midtown
on Jan 25, 2009 at 10:46 am

Maybe this is a way of equalizing the previous 8 years of sticking it to California. Not that I think pensions are our top priority, but on the other hand it's about time someone did something for California (vs the way Enron was allowed to rape the state)

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Posted by Walter_E_Wallis
a resident of Midtown
on Jan 26, 2009 at 6:16 am

Walter_E_Wallis is a registered user.

8 years of sticking it to California? You must mean the 8 years of ABC, Anywhere But California that saw base closures disproportionately laid on to California, including the hijacking of a vital facility, the Mare Island Nuclear Sub facility, abandoned and totally rebuilt in Washington state.Guess what party was in power then, Bucky.

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Posted by Perspective
a resident of Midtown
on Jan 26, 2009 at 8:23 am

Ummm...could you please enumerate in what ways California has been "stuck" to in the last 8years, Another Perspective?

All I can think of is the great economy we enjoyed ( until destroyed by the Dem led Congressional Committe led by Frank which forced through bad mortgage lending ...which led to the mortgage/housing crash heard 'round the world).

So, what was stuck to us by the Fed? Was it the doubling of Fed k-12 support through the NCLB? Was it the incredible Fed tax breaks which encouraged business and thus, employment? Was it the curbing of ridiculous "emissions" controls which allowed businesses to actually grow?

Please, I await your enumeration...

Enjoy the economy and security of the socialism that you voted for. Good luck with that whole job thing...Enjoy the results of a military recruitment numbers dump. That will put us back into the same state of readiness we were in on 9/10/2001.

We are heading back into Carter times. Doomed to repeat history because we are too arrogant to learn from it.

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