WE MUST WAKE UP AMERICA BEFORE IT IS TOO LATE!

PLEASE FORWARD THIS MESSAGE TO OTHERS. WE NEED TO WAKE UP AMERICA. THANK YOU.

While we blogged before on the high cost of education and the need for college students (especially those in California) to go on strike. A student strike will manifest to the nation the reason for the grossly absurd college tuition. And now, low and behold, in today's Wall Street Journal, the cause has been discovered. Not that we didn't know it already.  California is mired in debt, this was the reason for a decrease in funding to the 10 campus system in California by 725 Billion Dollars. The yearly cost at the state colleges now compares to many private schools. Oh boy, where do we go from here?

And the reason plain and simple is  UNIONS, UNIONS, UNIONS in Big Red Capital Letters. Please hold on to your seat now for our next tidbit provided by the WSJ. In 2002 the State of California (Golden State) increased benefits to non safety classifications. And those in this category were milk inspectors and billboard inspectors. Oh, you didn't know these existed, well surprise! Since then, this is where you need to be sitting down, 15,000 have retired at pensions greater than $100,000 per year. Unions being paid off by the criminal politicians who have and are stealing your money. And to top this off, the annual taxpayer contribution to the pension system will rise exponentially from $5.5 billion per year to $15 billion per year. Our advice, move out of California, take the next stage Stage Coach out of Dodge.
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Another salt in the wound example will have you fleeing to the doctor for some ulcer medicine. Firefighters can retire after 30 years. So at 20 you joined the department and now are retiring at 50 earning 90% of your final salary for ever. One fire fighter from San Ramon Valley retired with a yearly pension of $284,000; final year salary was only $221,000. WAKE UP AMERICAN, you are being fleeced.



We comment the WSJ for telling it like it is. Thank you.

 

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