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Brown signs California budget on time

BDBoop

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Brown signs California budget on time - Wire - Lifestyle - bellinghamherald.com

Ooh!

 

Since they could pass it without a single republican vote, who gives a damn, really?
After years and years of saying no to cuts, dems finally had to cave and vote in cuts. About time they got a dose of reality in California.

More comprehensive site here :
California Budget - San Jose Mercury News
 

First Brown caved to the Prison Guards union by giving them unlimited banking of sick, vacation time and bonuses so they can cash them in during their last year and artificially bump their pensions. Now he caved in to the CTA teachers union by making them layoff proof in this budget. How long will the people of California tolerate Public Service Unions running the State?
 
(Rolls eyes)

Unions weren't even an issue on peoples mouths until that Wisconsin event. Now they are one of the four horsemen of the apocalypse.
 
(Rolls eyes)

Unions weren't even an issue on peoples mouths until that Wisconsin event. Now they are one of the four horsemen of the apocalypse.


California's Public Sector Pensions are a ticking time bomb.

$92,000 divided by 2080 hours = $44.23 an hour for regular time and $66.34 for over time hours. Nurse Nellie made $177,512 @ $66.43 which means she worked a whopping 2672 additional hours on top of her base 2080 for a total of 4752 hours worked in one year. That would mean she worked 13 hours a day for a full year 7 days a week. If she worked 6 days a week she would have had to work 15 1/4 hours a day 6 days a week to accomplish it.

Now lets look at what her pension should look like. $92,000 * 80% = $73,600 a year in retirement or $6133.33 a month, every month in retirement. There are a whole lot of folks who would dearly love to make that much while working, let alone being retired and that doesn't include health benefits either.

Now if Nurse Nellie used that overtime year as her last before she retires what whould she get? $270,000 * 80% = $216,000 a year in retirement or $18,000 a month, every month in retirement. That would be a whopping 66% more than she would entitled to under a normal retirement pension.

If you look at the number of retirees vs the total outlay, it would appear there were a whole lot of way over inflated pensions. If Nurse Nellie retired with that year being her last she would be overpaid by $11,666.70 a month or $142,000 a year till she expired more than she actually earned. Myself, I would be just as happy to see CalPers go belly up and let the pensioneers take pennies on a dollar for what they are owed.
 
No contest

The information seems conceptualized, (the emphasized earnings of a set person or group outside of the majority) but I won't deny that Unions are a bit shady. When I first came to New York from Virginia, I was swarmed with all this Union nonsense. You got to have a Union this, and you got to have a Union that. You're not safe unless you get a Union. Scary thing is, you are not. And to be safe, you have to be willing to cut your check. It's like choose your poison.
 
Brown's the clown is the cause of the Unions creating debt & Budget problems here in the once Golden, now tarnished State of uncertainty, not to mention we're being guided by a moral compass that either spins or points South all the time.
 
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