Imagine you’re on a ship…let’s call it the…I dunno…Titanic. That says “strength,” right?
So, you’re on the Titanic and suddenly, it strikes a…um…let’s say a…an iceberg, okay?
The Titanic you’re sailing on hits an iceberg and begins to sink. You suddenly hear over the loudspeaker, “Attention, passengers. This is your captain. We have hit an iceberg and we are taking on water at an incredible rate and will most likely sink within the next two hours. If all the passengers and crew would kindly make their way down below, into the hull near the bulkheads and begin bailing, it would be greatly appreciated. If all goes well, we will most likely be able to resume our voyage across the vast, freezing Atlantic in a short while. Thank you!”
Now, do those words (in any universe) sound feasible? What I mean to say is, if the real Titanic was to have had all the members of its crew and passengers, right down to the captain himself, go down below to bail, might the ship have been saved?
Of course, the answer is, “Not a chance.” Knowing the enormity of the problem (massive sinking ship in the middle of the Atlantic), no sane person would ever suggest the very stupid and irrelevant action of bailing out the ship.
Why then is the Kentucky state government suggesting that its taxpayers (passengers and crew) bail out the sinking Titanic (underfunded and overfed teachers pensions)?
Read on the next page how the state is asking its taxpayers to pick up a $3.2K per year, per household tab in order to shore up a lucrative teachers union Ponzi scheme that has nearly bankrupted the state!NEXT PAGE »
sounds like Chicago
Um, no. Politicians created this mess, and they are responsible, not the taxpayers.
Absolutely. So well stated. Thank you!!!
The teaching profession is going to be at the bottom of respect
He will have to search for his teeth first !
Anyone silly enough to accept and depend upon an unfunded , nonvested, and with no control pension plan gets what they deserve. It is high risk.
I am as conservative as anyone. That said, demanding that states renege on the negotiated pensions is idiotic. Teachers negotiated LOWER pay and less benefits in order for the districts to be able to send the difference in pay to fund the pensions. The FACT that the states have then stolen the money by not finding the pensions with that money is not the teachers fault. Would you be okay with your employer taking back their contributions in your 401k?
Crazy
STOP VOTING FOR DEMOCRATS…….THEY ARE HURTING AMERICAN CITIZENS to GAIN MORE POWER OVER YOUR MONEY…and LOOK at the DISASTROUS RESULTS!!
Examples: Commiefornia, Oregonenuts, Massadumbocrats, just to name a few!!
Then why do congressman work 4, 8, 2 or up and receive 274,000 plus perks a year? Teachers do a job and ideally have to work 20 to 30 years to get a small pension. So do auto workers, and railroad workers and most corps. So what’s the hype teachers mold young minds so they can find a better life.