There are several clear examples of states that are/were failing financially due to many factors: the recession beginning several years ago, gold plated state governmental retirement benefits (think Greece like) and union control of many aspects of state governmental labor institutions. Also impacting, of course, is the regulatory nation that the Obama Administration has forced down the states' throats, with is killing small businesses. It is no accident that the states finding solutions to their big deficits and debt are lead by Republicans (Wisconsin and Ohio) and the states that are most at risk of bankruptcy are controlled by Democrats and their union puppet masters (California and Michigan). However, there is a glint of hope. Many State Democrat legislators and Governors are seeing the truth, that they cannot sustain big government programs and massive union over the top pensions and benefits. This is also happening in the Federal Government with a few Democrat Senators and Congressmen now saying Obamacare was a mistake. Hey, welcome to reality!
Illinois Governor Pat Quinn is one of these Democrats who are seeing the light. Whether or not they are coming to terms because of their political viability being threatened or because they can actually see the bleak future of spending money they don't have is besides the point, at least the conversations are taking place and solutions being explored.
According to Reuters, Illinois Gov. Pat Quinn announced a series of proposals to help save the state's floundering pension systems. For years Illinois' pension program has been in crisis and has continued to be short of billions of dollars worth of funds. The governor's proposals would slash costs associated with the programs while making several major changes in the requirements:
* The state pension systems is approximately $85 billion short of the money needed to fully fund it, the Chicago Sun-Times reported.
* Roughly 90 percent of current state retirees receive some state assistance or subsidies for health care and Illinois is expecting to spend $950 million on retiree health care for the next fiscal year.
* Gov. Quinn said regarding his suggestion pension program changes, "I didn't create the problem. But I'm here to solve it. I know that I was put on earth to get this done," the Chicago Tribune reported.
* The governor is proposing the state raise the retirement age from 60 to 67 for full benefits, according to the University of Illinois at Springfield.
* If the suggested changes take place, employee contributions would increase 3 percent, but while participating in the plan is voluntary for state employees, those who do not participate will forfeit their retirement health care coverage.
* The governor is also proposing to reduce the cost-of-living increase in retirement pensions to the lesser of 3 percent or half of what the consumer price index is at. The Huffington Post reported that overall, the planned reforms, which would be slowly phased in over several years, would save the state $65 billion to $85 billion by 2045.
* Pensions are expected to cost the state about $5.2 billion, or 15 percent of general of general revenue spending, in the upcoming fiscal year.
* Even Cook County 's pension funds are struggling to stay afloat and they are expected to be fully tapped out in 26 years without changes.
* Pensions in the public sector would be limited to only state employees, a move that comes after a Chicago Tribune investigation revealed individuals employed by unions and groups, have been able to collect state retirement pensions. So there it is, controlled by self serving Dems for decades, Illinois is now at a Greece like point where major changes are necessary in order to have the system.
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Sunday, May 6, 2012
Friday, May 4, 2012
Volts and Hybrids and Failures, Oh My
There have recently been Obama Adminstration people and supporters in the print and air media recently trying to stem the tide of bad publicity on the Chevy Volt, in light of Obama talking this car up like it's the solution to our energy crisis, and also in light of the facts as to what an albatross this car is and the giant failure of this Adminstration to develop this country's virtually unlimited energy resources.
One of the things these Obama pundits have stated over and over is that recently Hybrids are being bought in record numbers. While this is technically true, the consumers aren't buying the Volt, even with the Federal Government handout,...err,..bribe,...... err,....$7,500 tax credit....They are largely buying Japanese hybrid models.
Obama has alot of credibility riding on the sucess of the Volt since all his other green energy programs have become debacles,..sometimes looking like a scam, and sometimes people close to the Adminstration profiting.
Again, while hybrids are being bought in record numbers, when those numbers are small to begin with, that is not such a feat. And again, the ones being bought are not Volts but Toyota's, Honda's and Nissan's.....and this is given the fact that the premium you pay on these Japanese hybrids won't be made up until after some 11 years of projected gas savings.
One reason these hybrids are selling better than before is that gas prices are more than double what they were when Obama took over 3 years ago. Not counting the 30-40% increase across the board for food products,.....I am spending $175 to $200 more per month just on fuel.
How about you? Going to buy a Volt or other hybrid anytime soon? Are you better off now than you were 3 years ago?
One of the things these Obama pundits have stated over and over is that recently Hybrids are being bought in record numbers. While this is technically true, the consumers aren't buying the Volt, even with the Federal Government handout,...err,..bribe,...... err,....$7,500 tax credit....They are largely buying Japanese hybrid models.
Obama has alot of credibility riding on the sucess of the Volt since all his other green energy programs have become debacles,..sometimes looking like a scam, and sometimes people close to the Adminstration profiting.
Again, while hybrids are being bought in record numbers, when those numbers are small to begin with, that is not such a feat. And again, the ones being bought are not Volts but Toyota's, Honda's and Nissan's.....and this is given the fact that the premium you pay on these Japanese hybrids won't be made up until after some 11 years of projected gas savings.
One reason these hybrids are selling better than before is that gas prices are more than double what they were when Obama took over 3 years ago. Not counting the 30-40% increase across the board for food products,.....I am spending $175 to $200 more per month just on fuel.
How about you? Going to buy a Volt or other hybrid anytime soon? Are you better off now than you were 3 years ago?
Thursday, May 3, 2012
Now This is a Commencement Address!
The Cold, Cold Wind of Reality.
Neal Boortz is a Texan, a lawyer, a Texas Aggie (Texas A&M), and now a nationally syndicated talk show host from Atlanta . His commencement address to the graduates of a recent Texas A&M class is far different from what either the students or the faculty expected. His views are thought provoking.
"I am honored by the invitation to address you on this august occasion. It's about time. Be warned, however, that I am not here to impress you; you'll have enough smoke blown up your bloomers today. And you can bet your tassels I'm not here to impress the faculty and administration. You may not like much of what I have to say, and that's fine. You will remember it though. Especially after about 10 years out there in the real world. This, it goes without saying, does not apply to those of you who will seek your careers and your fortunes as government employees.
This gowned gaggle behind me is your faculty. You've heard the old saying that those who can - do. Those who can't - teach. That sounds deliciously insensitive. But there is often raw truth in insensitivity, just as you often find feel-good falsehoods and lies in compassion. Say good-bye to your faculty because now you are getting ready to go out there and do. These folks behind me are going to stay right here and teach.
By the way, just because you are leaving this place with a diploma doesn't mean the learning is over. When an FAA flight examiner handed me my private pilot's license many years ago, he said, Here, this is your ticket to learn.' The same can be said for your diploma. Believe me, the learning has just begun.
Now, I realize that most of you consider yourselves Liberals. In fact, you are probably very proud of your liberal views. You care so much. You feel so much. You want to help so much. After all, you're a compassionate and caring person, aren't you now? Well, isn't that just so extraordinarily special. Now, at this age, is as good a time as any to be a liberal; as good a time as any to know absolutely everything. You have plenty of time, starting tomorrow, for the truth to set in.
Over the next few years, as you begin to feel the cold breath of reality down your neck, things are going to start changing pretty fast... Including your own assessment of just how much you really know.
So here are the first assignments for your initial class in reality: Pay attention to the news, read newspapers, and listen to the words and phrases that proud Liberals use to promote their causes. Then, compare the words of the left to the words and phrases you hear from those evil, heartless, greedy conservatives. From the Left you will hear "I feel." From the Right you will hear "I think." From the Liberals you will hear references to groups -- The Blacks, the Poor, The Rich, The Disadvantaged, The Less Fortunate. From the Right you will hear references to individuals. On the Left you hear talk of group rights; on the Right, individual rights.
That about sums it up, really: Liberals feel. Liberals care. They are pack animals whose identity is tied up in group dynamics. Conservatives think -- and, setting aside the theocracy crowd, their identity is centered on the individual.
Liberals feel that their favored groups have enforceable rights to the property and services of productive individuals. Conservatives, I among them I might add, think that individuals have the right to protect their lives and their property from the plunder of the masses.
In college you developed a group mentality, but if you look closely at your diplomas you will see that they have your individual names on them. Not the name of your school mascot, or of your fraternity or sorority, but your name. Your group identity is going away. Your recognition and appreciation of your individual identity starts now.
If, by the time you reach the age of 30, you do not consider yourself to be a conservative, rush right back here as quickly as you can and apply for a faculty position. These people will welcome you with open arms. They will welcome you, that is, so long as you haven't developed an individual identity. Once again you will have to be willing to sign on to the group mentality you embraced during the past four years.
Something is going to happen soon that is going to really open your eyes. You're going to actually get a full time job!
You're also going to get a lifelong work partner. This partner isn't going to help you do your job. This partner is just going to sit back and wait for payday. This partner doesn't want to share in your effort, but in your earnings.
Your new lifelong partner is actually an agent; an agent representing a strange and diverse group of people; an agent for every teenager with an illegitimate child; an agent for a research scientist who wanted to make some cash answering the age-old question of why monkeys grind their teeth. An agent for some poor demented hippie who considers herself to be a meaningful and talented artist, but who just can't manage to sell any of her artwork on the open market.
Your new partner is an agent for every person with limited, if any, job skills, but who wanted a job at City Hall. An agent for tin-horn dictators in fancy military uniforms grasping for American foreign aid. An agent for multi-million dollar companies who want someone else to pay for their overseas advertising. An agent for everybody who wants to use the unimaginable power of this agent's for their personal enrichment and benefit.
That agent is our wonderful, caring, compassionate, oppressive government. Believe me, you will be awed by the unimaginable power this agent has. Power that you do not have. A power that no individual has, or will have. This agent has the legal power to use force, deadly force to accomplish its goals.
You have no choice here. Your new friend is just going to walk up to you, introduce itself rather gruffly, hand you a few forms to fill out, and move right on in. Say hello to your own personal one ton gorilla. It will sleep anywhere it wants to.
Now, let me tell you, this agent is not cheap. As you become successful it will seize about 40% of everything you earn. And no, I'm sorry, there just isn't any way you can fire this agent of plunder, and you can't decrease its share of your income. That power rests with him, not you.
So, here I am saying negative things to you about government. Well, be clear on this: It is not wrong to distrust government. It is not wrong to fear government. In certain cases it is not even wrong to despise government for government is inherently evil. Yes, a necessary evil, but dangerous nonetheless, somewhat like a drug. Just as a drug that in the proper dosage can save your life, an overdose of government can be fatal.
Now let's address a few things that have been crammed into your minds at this university. There are some ideas you need to expunge as soon as possible. These ideas may work well in academic environment, but they fail miserably out there in the real world.
First is that favorite buzz word of the media and academia: Diversity! You have been taught that the real value of any group of people - be it a social group, an employee group, a management group, whatever - is based on diversity. This is a favored liberal ideal because diversity is based not on an individuals abilities or character, but on a person's identity and status as a member of a group. Yes, it's that liberal group identity thing again.
Within the great diversity movement group identification - be it racial, gender based, or some other minority status - means more than the individuals integrity, character or other qualifications.
Brace yourself. You are about to move from this academic atmosphere where diversity rules, to a workplace and a culture where individual achievement and excellence actually count. No matter what your professors have taught you over the last four years, you are about to learn that diversity is absolutely no replacement for excellence, ability, and individual hard work. From this day on every single time you hear the word "diversity" you can rest assured that there is someone close by who is determined to rob you of every vestige of individuality you possess.
We also need to address this thing you seem to have about "rights." We have witnessed an obscene explosion of so-called "rights" in the last few decades, usually emanating from college campuses.
You know the mantra: You have the right to a job. The right to a place to live. The right to a living wage. The right to health care. The right to an education. You probably even have your own pet right - the right to a Beemer for instance, or the right to have someone else provide for that child you plan on downloading in a year or so.
Forget it. Forget those rights! I'll tell you what your rights are. You have a right to live free, and to the results of 60% -75% of your labor. I'll also tell you have no right to any portion of the life or labor of another.
You may, for instance, think that you have a right to health care. After all, President Obama said so, didn't he? But you cannot receive health-care unless some doctor or health practitioner surrenders some of his time - his life - to you. He may be willing to do this for compensation, but that's his choice. You have no "right" to his time or property. You have no right to his or any other person's life or to any portion thereof.
You may also think you have some "right" to a job; a job with a living wage, whatever that is. Do you mean to tell me that you have a right to force your services on another person, and then the right to demand that this person compensate you with their money? Sorry, forget it. I am sure you would scream if some urban outdoors men (that would be "homeless person" for those of you who don't want to give these less fortunate people a romantic and adventurous title) came to you and demanded his job and your money.
The people who have been telling you about all the rights you have are simply exercising one of theirs - the right to be imbeciles. Their being imbeciles didn't cost anyone else either property or time. It's their right, and they exercise it brilliantly.
By the way, did you catch my use of the phrase "less fortunate" a bit ago when I was talking about the urban outdoors men? That phrase is a favorite of the Left. Think about it, and you'll understand why.
To imply that one person is homeless, destitute, dirty, drunk, spaced out on drugs, unemployable, and generally miserable because he is "less fortunate" is to imply that a successful person - one with a job, a home and a future - is in that position because he or she was "fortunate." The dictionary says that fortunate means "having derived good from an unexpected place." There is nothing unexpected about deriving good from hard work. There is also nothing unexpected about deriving misery from choosing drugs, alcohol, and the street.
If the Liberal Left can create the common perception that success and failure are simple matters of "fortune" or "luck," then it is easy to promote and justify their various income redistribution schemes. After all, we are just evening out the odds a little bit. This "success equals luck" idea the liberals like to push is seen everywhere. Former Democratic presidential candidate Richard Gephardt refers to high-achievers as "people who have won life's lottery." He wants you to believe they are making the big bucks because they are lucky. It's not luck, my friends. It's choice. One of the greatest lessons I ever learned was in a book by Og Mandino, entitled, "The Greatest Secret in the World." The lesson? Very simple: "Use wisely your power of choice."
That bum sitting on a heating grate, smelling like a wharf rat? He's there by choice. He is there because of the sum total of the choices he has made in his life. This truism is absolutely the hardest thing for some people to accept, especially those who consider themselves to be victims of something or other - victims of discrimination, bad luck, the system, capitalism, whatever. After all, nobody really wants to accept the blame for his or her position in life. Not when it is so much easier to point and say, "Look! He did this to me!" than it is to look into a mirror and say, "You S. O. B.! You did this to me!"
The key to accepting responsibility for your life is to accept the fact that your choices, every one of them, are leading you inexorably to either success or failure, however you define those terms.
Some of the choices are obvious: Whether or not to stay in school Whether or not to get pregnant. Whether or not to hit the bottle. Whether or not to keep this job you hate until you get another better-paying job. Whether or not to save some of your money, or saddle yourself with huge payments for that new car.
Some of the choices are seemingly insignificant: Whom to go to the movies with. Whose car to ride home in. Whether to watch the tube tonight, or read a book on investing. But, and you can be sure of this, each choice counts. Each choice is a building block - some large, some small. But each one is a part of the structure of your life. If you make the right choices, or if you make more right choices than wrong ones, something absolutely terrible may happen to you. Something unthinkable. You, my friend, could become one of the hated, the evil, the ugly, the feared, the filthy, the successful, the rich.
The rich basically serve two purposes in this country. First, they provide the investments, the investment capital, and the brains for the formation of new businesses. Businesses that hire people. Businesses that send millions of paychecks home each week to the un-rich.
Second, the rich are a wonderful object of ridicule, distrust, and hatred. Few things are more valuable to a politician than the envy most Americans feel for the evil rich.
Envy is a powerful emotion. Even more powerful than the emotional minefield that surrounded Bill Clinton when he reviewed his last batch of White House interns. Politicians use envy to get votes and power. And they keep that power by promising the envious that the envied will be punished: "The rich will pay their fair share of taxes if I have anything to do with it." The truth is that the top 10% of income earners in this country pays almost 50% of all income taxes collected. I shudder to think what these job producers would be paying if our tax system were any more "fair."
You have heard, no doubt, that the rich get richer and the poor get poorer. Interestingly enough, our government's own numbers show that many of the poor actually get richer, and that quite a few of the rich actually get poorer. But for the rich who do actually get richer, and the poor who remain poor .. there's an explanation -- a reason. The rich, you see, keep doing the things that make them rich; while the poor keep doing the things that make them poor.
Speaking of the poor, during your adult life you are going to hear an endless string of politicians bemoaning the plight of the poor. So, you need to know that under our government's definition of "poor" you can have a $5 million net worth, a $300,000 home and a new $90,000 Mercedes, all completely paid for. You can also have a maid, cook, and valet, and a million in your checking account, and you can still be officially defined by our government as "living in poverty." Now there's something you haven't seen on the evening news.
How does the government pull this one off? Very simple, really. To determine whether or not some poor soul is "living in poverty," the government measures one thing -- just one thing. Income.
It doesn't matter one bit how much you have, how much you own, how many cars you drive or how big they are, whether or not your pool is heated, whether you winter in Aspen and spend the summers in the Bahamas, or how much is in your savings account. It only matters how much income you claim in that particular year. This means that if you take a one-year leave of absence from your high-paying job and decide to live off the money in your savings and checking accounts while you write the next great American novel, the government says you are living in poverty."
This isn't exactly what you had in mind when you heard these gloomy statistics, is it? Do you need more convincing? Try this. The government's own statistics show that people who are said to be "living in poverty" spend more than $1.50 for each dollar of income they claim. Something is a bit fishy here. Just remember all this the next time Charles Gibson tells you about some hideous new poverty statistics.
Why has the government concocted this phony poverty scam? Because the government needs an excuse to grow and to expand its social welfare programs, which translates into an expansion of its power. If the government can convince you, in all your compassion, that the number of "poor" is increasing, it will have all the excuse it needs to sway an electorate suffering from the advanced stages of Obsessive-Compulsive Compassion Disorder.
I'm about to be stoned by the faculty here. They've already changed their minds about that honorary degree I was going to get. That's OK, though. I still have my PhD. in Insensitivity from the Neal Boortz Institute for Insensitivity Training. I learned that, in short, sensitivity sucks. It's a trap. Think about it - the truth knows no sensitivity. Life can be insensitive. Wallow too much in sensitivity and you'll be unable to deal with life, or the truth, so get over it.
Now, before the dean has me shackled and hauled off, I have a few random thoughts.
* You need to register to vote, unless you are on welfare. If you are living off the efforts of others, please do us the favor of sitting down and shutting up until you are on your own again.
* When you do vote, your votes for the House and the Senate are more important than your vote for President. The House controls the purse strings, so concentrate your awareness there.
* Liars cannot be trusted, even when the liar is the President of the country. If someone can't deal honestly with you, send them packing.
* Don't bow to the temptation to use the government as an instrument of plunder. If it is wrong for you to take money from someone else who earned it -- to take their money by force for your own needs -- then it is certainly just as wrong for you to demand that the government step forward and do this dirty work for you.
* Don't look in other people's pockets. You have no business there. What they earn is theirs. What you earn is yours. Keep it that way. Nobody owes you anything, except to respect your privacy and your rights, and leave you the hell alone.
* Speaking of earning, the revered 40-hour workweek is for losers. Forty hours should be considered the minimum, not the maximum. You don't see highly successful people clocking out of the office every afternoon at five. The losers are the ones caught up in that afternoon rush hour. The winners drive home in the dark.
* Free speech is meant to protect unpopular speech. Popular speech, by definition, needs no protection.
* Finally (and aren't you glad to hear that word), as Og Mandino wrote,
1. Proclaim your rarity. Each of you is a rare and unique human being.
2. Use wisely your power of choice.
3. Go the extra mile, drive home in the dark.
Oh, and put off buying a television set as long as you can. Now, if you have any idea at all what's good for you, you will get out of here and never come back. Class dismissed"
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