-By Larry Sand
Teachers and other public employees use “air time” to pick your pocket. The California State Teachers Retirement System tries calming words. David Crane tells the truth and loses yet another job.
Saying that the state teachers’ retirement system is underfunded is the understatement of this or any year and now, CalSTRS is giving us specifics. On December 27th, it said,
“Recent media reports have suggested that to solve the unfunded liability the state will have to increase CalSTRS funding by $3.8 billion a year for 30 years for a total of more than $114 billion. Although this is an accurate statement based on current projections, achieving adequate funding can occur several ways that would be phased in over time. The CalSTRS $56 billion funding shortfall can be managed, but it will require gradual and predictable increases in contributions.”
In fact, saying that the shortfall has to be “managed” is like saying that World War II had to be managed. No, the reality is that there has to be major destruction and rebuilding, no matter how unpopular this will be with the beneficiaries of the theft, their unions and their kick-the-can-down-the-road buddies in Sacramento who are occasionally known as legislators. Tinkering around the edges and “managing” the problem will do little.
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State Sponsored Thievery Continues in Plain Sight”
Thomas Walker, lecturer in the intensive English and orientation program at Iowa State University, is disgusted over all this fawning over “the troops.” And so, to vent his disgust, he took to the
The Illinois Humanities Council is celebrating its 10th Anniversary with an
Governor Scott Walker was the worst devil the unions could imagine. They targeted him and Wisconsin’s Republicans mercilessly earlier this year. Fortunately, the unions and their Democrat handmaidens lost most of these battles.


Oh, the union thugs in Wisconsin will certainly try to act as if winning a mere two of the six recall elections of the Republican State Senators in the Cheese State was a big win… but it wasn’t. In fact, this recall nonsense shows that the union issues were a huge failure. After all, they even shied from using the union issues to push the recall efforts after they got going because they were looking like a losing issue.