Yes, Prop. 30 would fund pensions

Oct. 27, 2012

By John Seiler

If Proposition 30 passes, the $6 billion it would soak from taxpayers would just go straight to public-employee pensions. The facts are provided in a op-ed in the Orange County Register by Phil Yarbrough and Don Wagner:

“Prop. 30 was written specifically not to guarantee funding for schools. The official title and summary of Prop. 30 says the money it raises can be used for ‘paying for other spending commitments.'”

So what would those “other spending commitments” be?

“Californians need to know what is really in the budgets that the governor and the Democratic legislators have approved. This year’s budget is already $15.7 billion out of balance. Pensions and other retirement programs for state employees will cost $6.4 billion this year and they will increase to $7.6 billion by 2016, and they will keep increasing thereafter, forever until California is bankrupt.

“The roughly $6 billion that Prop. 30 will take from California families next year will be gobbled up by our out-of-balance budget. The governor and Democrats in the Legislature then will cut education funding anyway.”

In sum, the $6 billion from Prop. 30 would go to pay $6.4 billion in state pension payments.

Everything else is a deception.

 

19 comments

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  1. Rex the Wonder Dog!
    Rex the Wonder Dog! 27 October, 2012, 09:38

    Prop 30 goin down, words out-spread the word.

    Their “sky is falling” manra is not going ot work this time, juts like it failed on 1a-1g in 09.

    Teddy will never recover.

    Teddy, our bet is who ever loses the prop 30 prediction stays off CWD 1 month, please dont forget that 🙂

    Your good friend Rex the Rotti!

    Reply this comment
  2. Ulysses Uhaul
    Ulysses Uhaul 27 October, 2012, 09:50

    Your delusions on who stays and who goes are laughable!

    Prop 30 is only round one of Brown’s state improvement from Arnold’s financial mess.

    You will be moaning….to be sure…..the people want gov services and someone has to pay righties…YOU!

    Reply this comment
  3. Rex the Wonder Dog!
    Rex the Wonder Dog! 27 October, 2012, 10:17

    Teddy is angrey today 🙁

    Reply this comment
  4. Douglas
    Douglas 27 October, 2012, 10:42

    Deception?

    Pension costs will be paid whether 30 passes or not.

    If prop 30 fails, pension costs will still be paid. Ergo,it will NOT “go straight to public-employee pensions.”

    Education funding will be cut.

    Reply this comment
  5. Ulysses Uhaul
    Ulysses Uhaul 27 October, 2012, 12:29

    It all comes down to you eventually….not my fault your chained to your slaver boat oar that took us to Arnoldsville and Bushport….Brown is gonna get us out of this mess.

    Reply this comment
  6. State employee
    State employee 27 October, 2012, 13:08

    I’m a State employee going to retire soon. I am going to vote against prop 30. Jerry Brown is giving our tax dollars to eligle immigrants. I’m sick of the liberal attitude of this state. The governor and the legislaters waste too much money.

    Reply this comment
  7. us citizen
    us citizen 27 October, 2012, 13:28

    bahahahahahha…….brown is a LOOSER. No on 30 and 38.

    Reply this comment
  8. Rex the Wonder Dog!
    Rex the Wonder Dog! 27 October, 2012, 13:41

    Pension costs will be paid whether 30 passes or not.

    If prop 30 fails, pension costs will still be paid.
    ==
    No they won’t. They will be cut, the most abusive pensions ([email protected] any age below 60) will be cut by 50% to 75%, just like in Rhode Island, where the troughies said the exact same thing, that the pensions would not be cut.

    Reply this comment
  9. Bob
    Bob 27 October, 2012, 13:55

    And I am being bombarded with commercials where the Old Brown Stain orders me to vote yes on Prop 30 because “it’s for the children” and Colliefonria’s (as Ahnode sez) future.

    No mention at all that the money will be used “…for other spending commitments.”

    Well, here’s an accurate picture of Jerry, Darrell and Johnny running the state…

    http://mediacdn.disqus.com/uploads/mediaembed/images/373/5015/original.jpg

    Reply this comment
  10. Rex the Wonder Dog!
    Rex the Wonder Dog! 27 October, 2012, 14:28

    That pic link Bob poted is soo funny!

    BTW Dougie, I think you said the pensions WIL be paid, look at San Bernardino, they STOPPED paying calTURDS, and are now looking at a default on the pensions, so you are clearly wrong on that issue. Stockton will be the same.

    Reply this comment
  11. Bob
    Bob 27 October, 2012, 15:18

    It is a very accurate picture, Mr. Dog.

    And calling Teddy Steal!!!! Attention Teddy Steal!!!!

    Support plunges for Prop. 30, Gov. Jerry Brown’s tax initiative

    http://articles.latimes.com/2012/oct/25/local/la-me-poll-taxes-20121025

    If Prop 30 fails will you let Uhaul Pak-N-Ship you?

    Reply this comment
  12. Dyspeptic
    Dyspeptic 27 October, 2012, 15:45

    “Prop 30 is only round one of Brown’s state improvement from Arnold’s financial mess.”

    Uhaul, you and your tax feeder buddies need an intervention. YOU ARE COMPLETELY DELUSIONAL. If you had a clue about what really happens in Kalifornia you would know that Arnold went along with almost everything your party waved under his nose. This is a Blue Team, Democrap run state. Nothing gets through the legislature, especially budgets, unless your party wants it that way.

    Man up and take the blame for the damage your party has done, then go get a job in the private sector to help pay for the mess.

    Reply this comment
  13. Dyspeptic
    Dyspeptic 27 October, 2012, 15:53

    @ Rex,

    Your points about the public sector pension defaults are right on the mark. There seems to be a trend here that Douglas and Co. don’t want to deal with.

    Reply this comment
  14. Ulysses Uhaul
    Ulysses Uhaul 27 October, 2012, 16:18

    The bunkers are unloaded today! You boys better hope Prop 30 passes…..the alternatives are grim for sll of us!

    Reply this comment
  15. Bob
    Bob 27 October, 2012, 17:40

    Uhaul, Pack-N-Ship Teddy Steal!

    Reply this comment
  16. Rex the Wonder Dog!
    Rex the Wonder Dog! 27 October, 2012, 19:18

    Bob, Uhaul IS Teddy Steals…..Queeg and Uhaul are two of Teddys many sock puppet accounts….he had over 100 on the OCR 🙂

    But, I have to say, Teddy and the gimmick accounts do make the place entertaining 😉 Can get dull w/o him to spar with.

    Reply this comment
  17. Ulysses Uhaul
    Ulysses Uhaul 27 October, 2012, 21:33

    Prop #30 is round #1….we will wear you out!

    Reply this comment
  18. Rex the Wonder Dog!
    Rex the Wonder Dog! 28 October, 2012, 00:25

    Props 1a-1g were round 1, you lost round 1 already Teddy.

    Prop 30 is round 2, and Prop 38 is round 3….. and I see a knock out Nov 6 😉

    Reply this comment
  19. Ulysses Uhaul
    Ulysses Uhaul 28 October, 2012, 14:12

    Love the sweating going on…..love it!

    Reply this comment

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