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	<title>
	Comments on: LAO: CalSTRS massively underfunded	</title>
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	<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/</link>
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	<lastBuildDate>Sun, 26 Mar 2017 01:37:34 +0000</lastBuildDate>
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		<title>
		By: 55@1400		</title>
		<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-134012</link>

		<dc:creator><![CDATA[55@1400]]></dc:creator>
		<pubDate>Sun, 26 Mar 2017 01:37:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=39955#comment-134012</guid>

					<description><![CDATA[My husband retired from CalSTRS at $1445.39 a month.  Full time teaching for 26 years. Do you really think that benefits need to get cut? Really? Thank you ever so much for your appreciate of his years of excellent service. Future teachers, beware!]]></description>
			<content:encoded><![CDATA[<p>My husband retired from CalSTRS at $1445.39 a month.  Full time teaching for 26 years. Do you really think that benefits need to get cut? Really? Thank you ever so much for your appreciate of his years of excellent service. Future teachers, beware!</p>
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		<title>
		By: Cityprof		</title>
		<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-38409</link>

		<dc:creator><![CDATA[Cityprof]]></dc:creator>
		<pubDate>Tue, 24 Sep 2013 04:29:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=39955#comment-38409</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9713&quot;&gt;STEPHEN HORVAT&lt;/a&gt;.

Let&#039;s talk about the greed of American corporations who made nice profits by manufacturing in the U.S. market, even with unions, and then decided that what they were making was not enough. Instead of 10 million profit a year, these corporations wanted to make 50 or 100 million. So, fire all the workers and move the companies overseas or outsource as much as the company can. These fired workers who made good union wages make 1/3 or less their former wages. Happy? Fine, but then they can no longer spend their income in their neighborhoods keeping small businesses going. The small businesses shut down and then communities shut down. Who is the un-American one, the union worker or the corporation/company that took all the jobs overseas?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9713">STEPHEN HORVAT</a>.</p>
<p>Let&#8217;s talk about the greed of American corporations who made nice profits by manufacturing in the U.S. market, even with unions, and then decided that what they were making was not enough. Instead of 10 million profit a year, these corporations wanted to make 50 or 100 million. So, fire all the workers and move the companies overseas or outsource as much as the company can. These fired workers who made good union wages make 1/3 or less their former wages. Happy? Fine, but then they can no longer spend their income in their neighborhoods keeping small businesses going. The small businesses shut down and then communities shut down. Who is the un-American one, the union worker or the corporation/company that took all the jobs overseas?</p>
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		<title>
		By: Cityprof		</title>
		<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-38408</link>

		<dc:creator><![CDATA[Cityprof]]></dc:creator>
		<pubDate>Tue, 24 Sep 2013 04:21:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=39955#comment-38408</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9708&quot;&gt;eatingdogfood&lt;/a&gt;.

Did a rabid dog bite you?]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9708">eatingdogfood</a>.</p>
<p>Did a rabid dog bite you?</p>
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		<title>
		By: Cityprof		</title>
		<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-38406</link>

		<dc:creator><![CDATA[Cityprof]]></dc:creator>
		<pubDate>Tue, 24 Sep 2013 03:46:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=39955#comment-38406</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9699&quot;&gt;larry 62&lt;/a&gt;.

Or, do what they do in Canada. Cap retirement payouts at 70% of one&#039;s final salary. Currently, it is possible to retire at much more of one&#039;s final salary because the number of years of service is multiplied by a 2 - 3% factor. So if you start working at age 20 and retire at age 65 and your retirement factor is 2.4%, then you will make 108% of your final salary.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9699">larry 62</a>.</p>
<p>Or, do what they do in Canada. Cap retirement payouts at 70% of one&#8217;s final salary. Currently, it is possible to retire at much more of one&#8217;s final salary because the number of years of service is multiplied by a 2 &#8211; 3% factor. So if you start working at age 20 and retire at age 65 and your retirement factor is 2.4%, then you will make 108% of your final salary.</p>
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		<title>
		By: Ted Steele, Navigator		</title>
		<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9730</link>

		<dc:creator><![CDATA[Ted Steele, Navigator]]></dc:creator>
		<pubDate>Thu, 28 Mar 2013 22:55:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=39955#comment-9730</guid>

					<description><![CDATA[LOL--- ok John---I know where you&#039;re comming from-- I just don&#039;t share your sense of alarm.]]></description>
			<content:encoded><![CDATA[<p>LOL&#8212; ok John&#8212;I know where you&#8217;re comming from&#8211; I just don&#8217;t share your sense of alarm.</p>
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		<title>
		By: CalWatchdog		</title>
		<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9729</link>

		<dc:creator><![CDATA[CalWatchdog]]></dc:creator>
		<pubDate>Thu, 28 Mar 2013 20:20:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=39955#comment-9729</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9728&quot;&gt;Ted Steele, Navigator&lt;/a&gt;.

Ted: I&#039;ve never liked Glenn Beck. I&#039;m just reflecting on what has happened in recent years, especially such Republican depredations as the &quot;USA PATRIOT Act,&quot; which shredded the Bill of Rights. Here&#039;s a new one from today: the 1984 Computer Fraud and Abuse Act, signed by good &quot;freedom-loving&quot; Republican Ronald Reagan, and amended since then by largely Republican congresses, lets the government arrest any computer user, at any time, for any reason. Perhaps both of us, like the zeks in a Solzhenitsyn novel, will continue this conversation in prison.

Link: http://www.ibtimes.com/computer-fraud-abuse-act-2013-new-cfaa-draft-aims-expand-not-reform-worst-law-technology-1158515#

Swallow the Red Pill, Neo, and wake up in the Real World.

-- John Seiler]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9728">Ted Steele, Navigator</a>.</p>
<p>Ted: I&#8217;ve never liked Glenn Beck. I&#8217;m just reflecting on what has happened in recent years, especially such Republican depredations as the &#8220;USA PATRIOT Act,&#8221; which shredded the Bill of Rights. Here&#8217;s a new one from today: the 1984 Computer Fraud and Abuse Act, signed by good &#8220;freedom-loving&#8221; Republican Ronald Reagan, and amended since then by largely Republican congresses, lets the government arrest any computer user, at any time, for any reason. Perhaps both of us, like the zeks in a Solzhenitsyn novel, will continue this conversation in prison.</p>
<p>Link: <a href="http://www.ibtimes.com/computer-fraud-abuse-act-2013-new-cfaa-draft-aims-expand-not-reform-worst-law-technology-1158515#" rel="nofollow ugc">http://www.ibtimes.com/computer-fraud-abuse-act-2013-new-cfaa-draft-aims-expand-not-reform-worst-law-technology-1158515#</a></p>
<p>Swallow the Red Pill, Neo, and wake up in the Real World.</p>
<p>&#8212; John Seiler</p>
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		<title>
		By: Ted Steele, Navigator		</title>
		<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9728</link>

		<dc:creator><![CDATA[Ted Steele, Navigator]]></dc:creator>
		<pubDate>Thu, 28 Mar 2013 17:51:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=39955#comment-9728</guid>

					<description><![CDATA[John-- You remain lost in a world where color colides with sound.

The leaders are your jailers? You are a prison inmate? You don&#039;t buy in to the social compact?

OK--
I read you loud and clear.

Do you still get Beck on cable?]]></description>
			<content:encoded><![CDATA[<p>John&#8211; You remain lost in a world where color colides with sound.</p>
<p>The leaders are your jailers? You are a prison inmate? You don&#8217;t buy in to the social compact?</p>
<p>OK&#8211;<br />
I read you loud and clear.</p>
<p>Do you still get Beck on cable?</p>
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		<title>
		By: CalWatchdog		</title>
		<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9727</link>

		<dc:creator><![CDATA[CalWatchdog]]></dc:creator>
		<pubDate>Thu, 28 Mar 2013 16:30:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=39955#comment-9727</guid>

					<description><![CDATA[Ted: 1. I don&#039;t put bumper stickers on my car.

2. I never signed any &quot;social contract.&quot;

3. &quot;We elect leaders and like it or not they are your leaders. Cite me to ANY authority to the contrary.&quot; Here&#039;s the authority: me. I didn&#039;t vote for these leaders. They&#039;re not my leaders, only my jailers.

4. My &quot;obligation to work within the system&quot; is the same as that of a prison inmate.

5. &quot;at the end of the day all you’ve done is to weakly undercut the authority of the leader.&quot; I hope so.

6. &quot;When YOUR leader is elected John…will I be free from the constraints of contracts she makes on my behalf?&quot; I don&#039;t want to elect any &quot;leaders.&quot; I favor voluntary associations.

7. &quot;Can I refuse to pay my taxes or go to war because my &#039;investigation&#039; reveals it’s impropriety?&quot; Yes. Taxation is theft and conscription is slavery.

8. &quot;Leadership requires cogent followship. Katy will be in good company in the adult education civics 101 class I require you to attend.&quot; I already put in my time in civics class at Wayne Memorial High School in Wayne, Mich. in 1971-72.

-- John Seiler]]></description>
			<content:encoded><![CDATA[<p>Ted: 1. I don&#8217;t put bumper stickers on my car.</p>
<p>2. I never signed any &#8220;social contract.&#8221;</p>
<p>3. &#8220;We elect leaders and like it or not they are your leaders. Cite me to ANY authority to the contrary.&#8221; Here&#8217;s the authority: me. I didn&#8217;t vote for these leaders. They&#8217;re not my leaders, only my jailers.</p>
<p>4. My &#8220;obligation to work within the system&#8221; is the same as that of a prison inmate.</p>
<p>5. &#8220;at the end of the day all you’ve done is to weakly undercut the authority of the leader.&#8221; I hope so.</p>
<p>6. &#8220;When YOUR leader is elected John…will I be free from the constraints of contracts she makes on my behalf?&#8221; I don&#8217;t want to elect any &#8220;leaders.&#8221; I favor voluntary associations.</p>
<p>7. &#8220;Can I refuse to pay my taxes or go to war because my &#8216;investigation&#8217; reveals it’s impropriety?&#8221; Yes. Taxation is theft and conscription is slavery.</p>
<p>8. &#8220;Leadership requires cogent followship. Katy will be in good company in the adult education civics 101 class I require you to attend.&#8221; I already put in my time in civics class at Wayne Memorial High School in Wayne, Mich. in 1971-72.</p>
<p>&#8212; John Seiler</p>
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		<title>
		By: Andrew		</title>
		<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9726</link>

		<dc:creator><![CDATA[Andrew]]></dc:creator>
		<pubDate>Thu, 28 Mar 2013 16:17:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=39955#comment-9726</guid>

					<description><![CDATA[The risk is the risk, and the math is the math, I guess.
I do hope I am wrong. Time will tell.]]></description>
			<content:encoded><![CDATA[<p>The risk is the risk, and the math is the math, I guess.<br />
I do hope I am wrong. Time will tell.</p>
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		<title>
		By: Ted Steele, Navigator		</title>
		<link>https://calwatchdog.com/2013/03/26/lao-calstrs-massively-underfunded/#comment-9725</link>

		<dc:creator><![CDATA[Ted Steele, Navigator]]></dc:creator>
		<pubDate>Thu, 28 Mar 2013 15:52:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.calwatchdog.com/?p=39955#comment-9725</guid>

					<description><![CDATA[Andrew--- No-- your mortgage did not get &quot;jacked up&quot; with a hidden payment at the end.

What happened is that YOU didn&#039;t read the mortgage note when you signed the docs little buddy. And now you&#039;re sad about it.

Let the buyer beware.]]></description>
			<content:encoded><![CDATA[<p>Andrew&#8212; No&#8211; your mortgage did not get &#8220;jacked up&#8221; with a hidden payment at the end.</p>
<p>What happened is that YOU didn&#8217;t read the mortgage note when you signed the docs little buddy. And now you&#8217;re sad about it.</p>
<p>Let the buyer beware.</p>
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