patrick.net

Parasite kills host. The Golden Goose parable redux. What a shock.

I had a neighbor who worked for an East Bay city, who was involved in working out the Stockton bankruptcy. It was pretty clear from her discourse it was like the fleas trying to prop up the dying dog for the ongoing benefit of the fleas. The pensions and Public Service Union benefits, not public services, were the objects of the efforts. They did not want to establish a precedent for cutting pensions or benefits to city workers.

The real fun is when the old farts fight the young ones.

This happens anytime there's a government worker pension battle.

The oldies refuse to take one bit off their ludicrously generous pension they can start collecting at 55. Instead, after decades of moaning about being underpaid, they demand the new hires take a huge pay and benefits cut.

Just watch.

In CA they just raise taxes. Garcetti took 1.2 billion to help homeless. All that money went to prop up pension funds, not to solve homelessness.

Originally they were raising gas tax for pensions. Then after everyone got pissed off they looted money from other places and said the gas tax was for roads.

It’s why services been cut in CA on everything. They are too busy looting our tax dollars. 90% of last salary for life after sitting on once butt in government office doing minimum is a nice reward