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	Comments on: Upbeat S&#038;P report on CA also has CalSTRS warning	</title>
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	<link>https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/</link>
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	<lastBuildDate>Sun, 15 Feb 2015 21:00:44 +0000</lastBuildDate>
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		<title>
		By: Tough Love		</title>
		<link>https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-110265</link>

		<dc:creator><![CDATA[Tough Love]]></dc:creator>
		<pubDate>Sun, 15 Feb 2015 21:00:44 +0000</pubDate>
		<guid isPermaLink="false">http://calwatchdog.com/?p=73450#comment-110265</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-110097&quot;&gt;S and P 500&lt;/a&gt;.

Yes, there will be battles for the &quot;spoils&quot; between the various Unions, but also between those already retired/older long-service workers, and the younger/newer workers ... the latter of whom (if they have any brains), should realize that all of THEIR pension contributions are NOT being invested to support THEIR retirements, but are going out the door NOW to pay those already retired (and soon to retire).  THEY are being &quot;suckered&quot; even more than they taxpayers.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-110097">S and P 500</a>.</p>
<p>Yes, there will be battles for the &#8220;spoils&#8221; between the various Unions, but also between those already retired/older long-service workers, and the younger/newer workers &#8230; the latter of whom (if they have any brains), should realize that all of THEIR pension contributions are NOT being invested to support THEIR retirements, but are going out the door NOW to pay those already retired (and soon to retire).  THEY are being &#8220;suckered&#8221; even more than they taxpayers.</p>
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		<title>
		By: S and P 500		</title>
		<link>https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-110097</link>

		<dc:creator><![CDATA[S and P 500]]></dc:creator>
		<pubDate>Fri, 13 Feb 2015 10:57:10 +0000</pubDate>
		<guid isPermaLink="false">http://calwatchdog.com/?p=73450#comment-110097</guid>

					<description><![CDATA[&quot;The prospect that school districts will have to cut elsewhere is unlikely&quot;...

It&#039;s also practically a given that budget cuts that teachers have been complaining about (music and arts classes, counselors, librarians, nurses and building repairs eliminated from the budget) will NEVER be restored.  That&#039;s fine with me and it may even be okay with teachers, who only care about their pay and pensions.  Whether or not the state can find other places to cut besides education remains to be seen.  I&#039;d like to see CTA get into a fight with the police and fire dept. unions over pension  money.  There&#039;s only so much to go around.]]></description>
			<content:encoded><![CDATA[<p>&#8220;The prospect that school districts will have to cut elsewhere is unlikely&#8221;&#8230;</p>
<p>It&#8217;s also practically a given that budget cuts that teachers have been complaining about (music and arts classes, counselors, librarians, nurses and building repairs eliminated from the budget) will NEVER be restored.  That&#8217;s fine with me and it may even be okay with teachers, who only care about their pay and pensions.  Whether or not the state can find other places to cut besides education remains to be seen.  I&#8217;d like to see CTA get into a fight with the police and fire dept. unions over pension  money.  There&#8217;s only so much to go around.</p>
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		<title>
		By: Tough Love		</title>
		<link>https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-110035</link>

		<dc:creator><![CDATA[Tough Love]]></dc:creator>
		<pubDate>Thu, 12 Feb 2015 15:18:19 +0000</pubDate>
		<guid isPermaLink="false">http://calwatchdog.com/?p=73450#comment-110035</guid>

					<description><![CDATA[Required reading for those who think CA&#039;s pensions can&#039;t (and won&#039;t) ultimately be reduced ..........

http://www.utsandiego.com/news/2015/feb/11/sacramento-bankrupt-California-cities-cut-pensions/2/?#article-copy]]></description>
			<content:encoded><![CDATA[<p>Required reading for those who think CA&#8217;s pensions can&#8217;t (and won&#8217;t) ultimately be reduced &#8230;&#8230;&#8230;.</p>
<p><a href="http://www.utsandiego.com/news/2015/feb/11/sacramento-bankrupt-California-cities-cut-pensions/2/?#article-copy" rel="nofollow ugc">http://www.utsandiego.com/news/2015/feb/11/sacramento-bankrupt-California-cities-cut-pensions/2/?#article-copy</a></p>
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		<title>
		By: Tough Love		</title>
		<link>https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109980</link>

		<dc:creator><![CDATA[Tough Love]]></dc:creator>
		<pubDate>Wed, 11 Feb 2015 23:33:38 +0000</pubDate>
		<guid isPermaLink="false">http://calwatchdog.com/?p=73450#comment-109980</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109976&quot;&gt;NTHEOC&lt;/a&gt;.

NTHEOC,  Didn&#039;t your mother ever teach you that 2 WRONGS do not make 1 RIGHT ?

Their is ZERO justification for these grossly excessive 80-90% taxpayer-funded pensions, and as funds dry up (and Taxpayers wise up) many Public Sector pension plans will pay only a modest portion of these grossly excessive &quot;promises&quot;.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109976">NTHEOC</a>.</p>
<p>NTHEOC,  Didn&#8217;t your mother ever teach you that 2 WRONGS do not make 1 RIGHT ?</p>
<p>Their is ZERO justification for these grossly excessive 80-90% taxpayer-funded pensions, and as funds dry up (and Taxpayers wise up) many Public Sector pension plans will pay only a modest portion of these grossly excessive &#8220;promises&#8221;.</p>
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		<title>
		By: NTHEOC		</title>
		<link>https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109976</link>

		<dc:creator><![CDATA[NTHEOC]]></dc:creator>
		<pubDate>Wed, 11 Feb 2015 23:16:36 +0000</pubDate>
		<guid isPermaLink="false">http://calwatchdog.com/?p=73450#comment-109976</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109972&quot;&gt;Tough Love&lt;/a&gt;.

Public Sector Union campaign contributions and election support.
---------------------
Tough love, as soon as private sector big business,private sector corporations, and millionaire out of state donors stop contributing to campaigns and elections for their own benefits then I would support your stance on unions.  Would you agree? Until then it is what it is......sorry TL!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109972">Tough Love</a>.</p>
<p>Public Sector Union campaign contributions and election support.<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<br />
Tough love, as soon as private sector big business,private sector corporations, and millionaire out of state donors stop contributing to campaigns and elections for their own benefits then I would support your stance on unions.  Would you agree? Until then it is what it is&#8230;&#8230;sorry TL!</p>
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		<title>
		By: Tough Love		</title>
		<link>https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109972</link>

		<dc:creator><![CDATA[Tough Love]]></dc:creator>
		<pubDate>Wed, 11 Feb 2015 23:04:17 +0000</pubDate>
		<guid isPermaLink="false">http://calwatchdog.com/?p=73450#comment-109972</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109964&quot;&gt;SkippingDog&lt;/a&gt;.

As a recipient of a Public Sector pension I&#039;m not surprised by your extremely narrow view.

From the standpoint of a well educated Taxpayer (me), it&#039;s quite clear that the EXTREMELY generous pensions (and retiree healthcare benefits) promised Public Sector workers would be a great deal LESS generous the favorable votes of our elected officials were BOUGHT with Public Sector Union campaign contributions and election support.

To deny that is common of the insatiable-greed &#038; to-hell-with-the-Taxpayers mindset of most Public Sector workers.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109964">SkippingDog</a>.</p>
<p>As a recipient of a Public Sector pension I&#8217;m not surprised by your extremely narrow view.</p>
<p>From the standpoint of a well educated Taxpayer (me), it&#8217;s quite clear that the EXTREMELY generous pensions (and retiree healthcare benefits) promised Public Sector workers would be a great deal LESS generous the favorable votes of our elected officials were BOUGHT with Public Sector Union campaign contributions and election support.</p>
<p>To deny that is common of the insatiable-greed &amp; to-hell-with-the-Taxpayers mindset of most Public Sector workers.</p>
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		<title>
		By: SkippingDog		</title>
		<link>https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109964</link>

		<dc:creator><![CDATA[SkippingDog]]></dc:creator>
		<pubDate>Wed, 11 Feb 2015 20:31:42 +0000</pubDate>
		<guid isPermaLink="false">http://calwatchdog.com/?p=73450#comment-109964</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109955&quot;&gt;Tough Love&lt;/a&gt;.

When you keep saying kooky things like that, you just look increasingly like some fringe crackpot.  People like you are the reason many public pension laws are so strongly protected by the law.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109955">Tough Love</a>.</p>
<p>When you keep saying kooky things like that, you just look increasingly like some fringe crackpot.  People like you are the reason many public pension laws are so strongly protected by the law.</p>
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		<title>
		By: Tough Love		</title>
		<link>https://calwatchdog.com/2015/02/06/upbeat-sp-report-on-ca-also-has-calstrs-bailout-warning/#comment-109955</link>

		<dc:creator><![CDATA[Tough Love]]></dc:creator>
		<pubDate>Wed, 11 Feb 2015 19:27:16 +0000</pubDate>
		<guid isPermaLink="false">http://calwatchdog.com/?p=73450#comment-109955</guid>

					<description><![CDATA[Taxpayers should renege on the 50+% share of the promised pensions that would NEVER had been granted in the absence of the Public Sector Union/politician collusion.

Greed HAS consequences.]]></description>
			<content:encoded><![CDATA[<p>Taxpayers should renege on the 50+% share of the promised pensions that would NEVER had been granted in the absence of the Public Sector Union/politician collusion.</p>
<p>Greed HAS consequences.</p>
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