On Jul 1, 4:04 pm, phil scott <
p...@philscott.net> wrote:
> and junior G man type principles in rural high schools retiring at
> $13,000 dollars a month, with another 45K or so a year in perks, such
> as 100% medical care, half the income tax free, and the ability to buy
> ppty at tax auctions at half the next highest private bid.... and
> pleeeze note, calif schools rank dead last in national performance,
> and near the top in drop out rate. so much for brilliance in
> administration.
>
> that mess is starting to leak now broad scale......
>
> in calif as the State is in deep deep trouble, issuing IOU notes
> instead of pay checks, beginning last nite at midnite.. they may have
> put a patch in place since then......and the tax base still
> collapsing . all to pay these stunningly ludicrous civil 'service'
> wages...... even for flunkies....and ebonics specialists (the latest
> language qualificaton for community work jobs)
>
> as the private sector is at less than half that reting under 20k a
> year on average, many under 10k...
>
> , manyworking at minimum wage, and degreed PhD engineers unable to
> find work or working for less than half the money of a BART train
> platform attendant with a HS diploma or less.
>
> Not only is none of this flying it has in fact hit the wall...
>
> .with no chance in hell of recovery unless Obama bails us out, and
> that would only insure a much bigger disaster the following year, as
> the tax base kept on collapsing and the snivel servant retirees kept
> on getting fatter and fatter .....and with more and more illnesss
> related to no excercise and a huge bloated gut......and raising fatter
> and fatter and more illiterate kiddies.
>
> Not a single bit of this will fly for another split second.
>
> In that regard the pohleece in Richmond calif, have volunteered, a
> year ahead of their contract to sit at the table and negotiate cost
> cutting measures... that speaks well for them..
>
> what will be an issue though is that the cuts will have to be into the
> 60% range to make a difference, and more if the economy keeps
> shrinking as it will...the underlying drivers of an aging population
> and manufacturing sent offshore, insure that.
>
> (Hong Kong by comparison has a 5.5% GDP cost of govt...in calif its
> between 45 and 67% depending on which spin you have been subjected
> to.... all searchable on google...not a single bit of that will fly in
> a world economy.)
>
> Phil scott
Any wonder California is broke?