Instapundit » Blog Archive » DAVID SKEEL: Give States A Way To Go Bankrupt: It’s the best option for avoiding a massive federeral bailout…
"Although bankruptcy would be an imperfect solution to out-of-control state deficits, it’s the best option we have, at least if we want to have any chance of avoiding massive federal bailouts of state governments.”
VERY INTERESTING!
Especially if we consider the municipal debt that will sink our cities and counties.
Saturday, November 27, 2010
The Immorality of Class Warfare
American Thinker: The Immorality of Class Warfare
"The ruling class has become more dependent on the wealthy and yet holds them in the same contempt in which the stagecoach riders held the French prostitute and the Apache passenger.
There is something morally repugnant about expecting rescue and salvation from the same people you demonize."
"The ruling class has become more dependent on the wealthy and yet holds them in the same contempt in which the stagecoach riders held the French prostitute and the Apache passenger.
There is something morally repugnant about expecting rescue and salvation from the same people you demonize."
Schools Buying Bigger Pension Payouts for Employees
Schools Buying Bigger Pension Payouts for Employees [Michigan Capitol Confidential]
"But it’s not just rank-and-file teachers taking advantage of getting years tacked on to their pension calculation at the school’s expense.
Kentwood Public Schools bought years of service for three of its assistant superintendents in 2009, at a combined cost of about $66,500.
School records show that the district also spent $8,592 to purchase retirement credits for Superintendent Scott Palczewski.
His salary was $184,074 in 2009."
"But it’s not just rank-and-file teachers taking advantage of getting years tacked on to their pension calculation at the school’s expense.
Kentwood Public Schools bought years of service for three of its assistant superintendents in 2009, at a combined cost of about $66,500.
School records show that the district also spent $8,592 to purchase retirement credits for Superintendent Scott Palczewski.
His salary was $184,074 in 2009."
MEA Has $174.5 Million in Liabilities, $66.3 Million in Dues
MEA Has $174.5 Million in Liabilities, $66.3 Million in Dues [Michigan Capitol Confidential]
"The MEA made news this spring when it was reported by the Lansing State Journal that some staffers and officials got pay raises in 2009 ranging from 6.8 percent for the mailroom coordinator to 15 percent for President Iris Salters."
Jeepers, the progressives who run the MEA have spent themselves silly.
But no problem.
Just give everyone a raise and increase dues.
Who'd of guessed?
"The MEA made news this spring when it was reported by the Lansing State Journal that some staffers and officials got pay raises in 2009 ranging from 6.8 percent for the mailroom coordinator to 15 percent for President Iris Salters."
Jeepers, the progressives who run the MEA have spent themselves silly.
But no problem.
Just give everyone a raise and increase dues.
Who'd of guessed?
GM's union recovering after stock sale
GM's union recovering after stock sale - Washington Times
"Thanks to a generous share of GM stock obtained in the company's 2009 bankruptcy settlement, the United Auto Workers is well on its way to recouping the billions of dollars GM owed it — putting it far ahead of taxpayers who have recouped only about 30 percent of their investment and further still ahead of investors in the old GM who have received nothing."
"Thanks to a generous share of GM stock obtained in the company's 2009 bankruptcy settlement, the United Auto Workers is well on its way to recouping the billions of dollars GM owed it — putting it far ahead of taxpayers who have recouped only about 30 percent of their investment and further still ahead of investors in the old GM who have received nothing."
What to watch during the Michigan State-Penn State game
What to watch during the Michigan State-Penn State game freep.com Detroit Free Press
"Beaver Stadium: The last time Michigan State won at Penn State, Lyndon B. Johnson was president, we hadn’t reached the moon and Joe Paterno was not the Nittany Lions’ coach."
"Beaver Stadium: The last time Michigan State won at Penn State, Lyndon B. Johnson was president, we hadn’t reached the moon and Joe Paterno was not the Nittany Lions’ coach."
The bowl boondoggle - College Football - Rivals.com
The bowl boondoggle - College Football - Rivals.com
"Overall the Sugar Bowl spent $11.1 million in 2006 alone.
The SEC operated its 2007 Championship Game (in effect a bowl game) for just $2.1 million.
The ACC managed to pull off its 2006 title game for $1.2 million.
It’s not easy making a single, three-and-a-half-hour football game cost over $11 million; which might explain why the Sugar Bowl has an actual “committee on golf.”
Then there’s the “special committee on ladies’ entertainment” (which may or may not have anything to do with the “conference relations” tab being so high)."
Someone's livin' large.
"Overall the Sugar Bowl spent $11.1 million in 2006 alone.
The SEC operated its 2007 Championship Game (in effect a bowl game) for just $2.1 million.
The ACC managed to pull off its 2006 title game for $1.2 million.
It’s not easy making a single, three-and-a-half-hour football game cost over $11 million; which might explain why the Sugar Bowl has an actual “committee on golf.”
Then there’s the “special committee on ladies’ entertainment” (which may or may not have anything to do with the “conference relations” tab being so high)."
Someone's livin' large.
Terrorists & losers
Terrorists & losers - NYPOST.com
"First, someone who had spent some time in the West and kept his eyes open would know that packages to synagogues are apt to get more attention than those sent to most offices or private addresses.
Second, the names don't jibe with the addresses.
'Abe Cohen,' yes;
'Diego Diaz,' try again."
As idiotic as our TSA/HomelandSecurity appears to be, these morons redefine moronic.
We best remember we're winning the terrorist war not because we are brilliant but that our enemies are fools.
China and Russia are not fools.
"First, someone who had spent some time in the West and kept his eyes open would know that packages to synagogues are apt to get more attention than those sent to most offices or private addresses.
Second, the names don't jibe with the addresses.
'Abe Cohen,' yes;
'Diego Diaz,' try again."
As idiotic as our TSA/HomelandSecurity appears to be, these morons redefine moronic.
We best remember we're winning the terrorist war not because we are brilliant but that our enemies are fools.
China and Russia are not fools.
‘Issues of Culture, Ethnicity and Identity’ Raised in U.K. Rape-Gang Case
Report: ‘Issues of Culture, Ethnicity and Identity’ Raised in U.K. Rape-Gang Case : The Other McCain
“This week, the BBC reported the Derby case repeatedly on radio with barely a mention of the fact all but one of the gang members were Asian, or the fact the vast majority of the victims — 22 of the 27 mentioned in court — were white girls.”
Read this grim article but understand that the PC Brits call islamic monsters "asian".
“This week, the BBC reported the Derby case repeatedly on radio with barely a mention of the fact all but one of the gang members were Asian, or the fact the vast majority of the victims — 22 of the 27 mentioned in court — were white girls.”
Read this grim article but understand that the PC Brits call islamic monsters "asian".
Feds: Somali-born teen plotted car-bombing in Ore.
My Way News - Feds: Somali-born teen plotted car-bombing in Ore.
"Undercover agents in a sting operation arrested a Somali-born teenager just as he tried blowing up a van full of what he believed were explosives at a crowded Christmas tree lighting ceremony in Portland, federal authorities said."
I sure hope this teen wasn't "profiled"....it would be so unfair!
"Undercover agents in a sting operation arrested a Somali-born teenager just as he tried blowing up a van full of what he believed were explosives at a crowded Christmas tree lighting ceremony in Portland, federal authorities said."
I sure hope this teen wasn't "profiled"....it would be so unfair!
Mubarak snubs U.S. call for election monitors
Mubarak snubs U.S. call for election monitors - Washington Times
"The Egyptian government has publicly rejected U.S. demands — and President Obama's personal request — for monitors to observe Sunday's parliamentary elections"
Public rejection of Obama's "personal request" is proof that the world's leaders respect the USA more today than under Bush.....right?
You betcha!
"The Egyptian government has publicly rejected U.S. demands — and President Obama's personal request — for monitors to observe Sunday's parliamentary elections"
Public rejection of Obama's "personal request" is proof that the world's leaders respect the USA more today than under Bush.....right?
You betcha!
MTA offering service to Hogwarts? Magical Harry Potter train line appears on subway sign
MTA offering service to Hogwarts? Magical Harry Potter train line appears on subway sign
"The MTA has cut service across the five boroughs, but seems to have added one exotic destination: Hogwarts."
OK.
Cute story but the real meat is "MTA has cut service across the five buroughs..."
That's "mass transit" folks!
Run by government unions.
"Screw the customer....and we're broke too!"
"The MTA has cut service across the five boroughs, but seems to have added one exotic destination: Hogwarts."
OK.
Cute story but the real meat is "MTA has cut service across the five buroughs..."
That's "mass transit" folks!
Run by government unions.
"Screw the customer....and we're broke too!"
Subscribe to:
Comments (Atom)