If we listen to "economist" like Glenn Beck, Rush Limbaugh, Dana Loesch, Sean Hannity.....er what a minute, those folks aren't economist are they? No they are not, but if you where too listen to their daily diatribes on the US economy and its woes, their fingers would point directly at unions, teachers, fireman and police for the states monetary plights.
In reality readers this concept or ideology couldn't be further from the truth. States total budget deficits account for 175 billion dollars through 2013 and these states can't print money like the feds can. This means Governors like Wisconsin's Scott "Koch whore" Walker target unions and teachers with their plan too satisfy their 3.6 billion dollar budget shortfall.
All this while most choose stunningly to turn a blind eye (to include MSM) to the mounting evidence of recklessness and outright fraud on Wall Street, that fraud which is responsible for the massive spikes in unemployment and the massive decline in US housing - you add these two things together - this is what's called revenue in America, our tax revenue is driven by the value of your housing stock and the level of economic activity employment in your state and in our country.
So shame on those whom indulge a system that would torpedo the foundation of American finance, housing and unemployment - let those who caused this problem go "Scott" free, and then try to take this out on the nations unions and teachers.
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| Scott Walker's New Book |
For the record lets set some facts straight. Scott Walker wants Wisconsinite's to believe that union pensions are tax payer funded.
The Wisconsin Lie Exposed – Taxpayers Actually Contribute Nothing To Public Employee Pensions. That's right readers unions have worked and earned the dollars that fund their pensions.
How can this be possible?
Simple.
"The pension plan is the direct result of deferred compensation- money that employees would have been paid as cash salary but choose, instead, to have placed in the state operated pension fund where the money can be professionally invested (at a lower cost of management) for the future.
Many of us are familiar with the concept of deferred compensation from reading about the latest multi-million dollar deal with some professional athlete. As a means of allowing their ball club to have enough money to operate, lowering their own tax obligations and for other benefits, ball players often defer payment of money they are to be paid to a later date. In the meantime, that money is invested for the ball player’s benefit and then paid over at the time and in the manner agreed to in the contract between the parties.
Does anyone believe that, in the case of the ball player, the deferred money belongs to the club owner rather than the ball player? Is the owner simply providing this money to the athlete as some sort of gift? Of course not. The money is salary to be paid to the ball player, deferred for receipt at a later date."
Walker seems to follow the path of a pathological liar. Time and again Scott Walker has aggressively neglected the facts about Wisconsin's budget woes. In Walker's attempt to maintain good standing with the puppet masters he failed to account for one major variable....fact checking.
As soon as time permits Wisconsinite's need to recall Scott Walker. Many residents of Wisconsin are suffering from "buyer's remorse".
A "do-over" is indeed in order for Wisconsinite's. Please exit the door Mr. Governor, and don't let the door hit you where the good Lord split you.
Just because Green Bay is the all-time very best Super Bowel-winning cheese-making state doesn't mean you know how to govern Scott.
Schlemiel! Schlimazel! Hasenpfeffer Incorporated.
NFTOS
