They really get a lot considering they get free health & dental care for life, including their spouses & entire families also getting this. I know a neighbor who retired recently at only 55 yrs. old as many do. I'm just curious if his pension is taxed, or is that just another thing the California retired teachers get in their package, WITH THE GUARANTEED COST OF LIVING RAISES yearly? The poor people on social security don't get raises usually & when they do it sure doesn't amount to much. I read the retired teachers here in Ca. make more retired than many of the teachers in other states who are working! It is ridiculous and I'm tired of paying for all of this in my taxes. I feel sorry for the new teachers, they are being laid off, or really aren't making much while we all suffer to pay the retired ones who could very easily live longer than they ever worked. They didn't really work 30 yrs. it's really about 21 to 22 years. Most people do not have summers off and all the holidays they get, plus get home at 3:00 most afternoons. Most of them actually have the gall to complain they won't be getting much in social security; however, they didn't have to pay into it. They are getting 3 times more than the average person gets on social security, plus the free health & dental care for LIFE. It's mandatory other people pay into social security, and many can't get it if they become disabled. Most times they have to fight forever to get it or never get it.
Post by unlawflcombatnt on Mar 8, 2012 12:33:09 GMT -6
It's true that there are a lot of advantages to being a teacher.
But high pay was never one of them--at least not below the college level.
And one of the reasons the pay is not high is because teachers were given more generous benefits, rather than higher pay. That was part of the deal.
States love to do this, because they don't have to pay as much in salaries at the present time. Instead, they "promise" benefits in the future--benefits that don't cost them a penny at present. In doing this, states have more current revenue for Corporate giveaways and legislative perks.
Teachers & the state of California negotiated these benefits as part of their contracts, assuming that the state would make good on those same contracts that they are legally bound to fulfill.
If the State wasn't willing to put money aside for those obligations, or wasn't willing to raise taxes enough to fulfill them, it never should have signed or agreed to them.
But the State DID agree to them, and now the State is 100% legally & ethically obligated to fulfill them.
from: The Declaration of Independence: "all Men are...endowed by their Creator with certain unalienable Rights... to secure these Rights, Governments are instituted... whenever any Form of Government becomes destructive of these Ends, it is the Right of the People to alter or abolish it"
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Apr 14, 2021 1:41:25 GMT -6
Susan George: Thank You for your support!
Dec 21, 2020 17:18:51 GMT -6
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Nov 29, 2020 17:15:41 GMT -6
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Nov 13, 2019 16:18:54 GMT -6
ConGM: Please direct me to the full article by Susan George. Or email to email@example.com.The provided link is broken. I'd like to read it in preperation for a course. Much appreciated.
Nov 13, 2017 15:19:23 GMT -6
ace comando: Well, it took me several days and a lot of code writing to sift through the millions of achieved pages on the Wayback Machine achieves. Was about to give up when a colleague gave me mining script to look at all archived pages whether displayed or not. And
Feb 24, 2017 19:44:10 GMT -6
unlawflcombatnt: I've now changed the colors on the board to something more readable. At least now readers can find the sign-in tab.
Jul 6, 2014 22:58:23 GMT -6
unlawflcombatnt: OldUser-the sign-in area is in the dark area immediately under the red section that says Economic Populist Forum. It's almost impossible to see, unless you know where to look. This was ProBoards idea, not mine.
Jun 12, 2014 11:52:53 GMT -6
OldUser: There's no link on here to sign on or login. Where'd it go?
May 29, 2014 8:44:44 GMT -6
jeffolie: One might short a bull ETF to gain the decay but this requires a margin position subject to changes imposed by the exchanges & brokers
Oct 26, 2013 13:26:07 GMT -6
jeffolie: Holding a stop loss in these algo dominated markets almost always means the algos will hit your stops
Oct 26, 2013 13:20:09 GMT -6
jeffolie: Even so, these leveraged ETFs do not create margin calls nor expiration dates thus allowing one to hold indefinitely
Oct 26, 2013 13:17:52 GMT -6
jeffolie: Yes, the ETF features fading/leveraged decay because the futures and/or options used decay plus the administrative costs rise the decay, declining value ... I accept this as a cost and feature of all ETFs that purchase futures/options to maintain price
Oct 26, 2013 13:15:38 GMT -6
mimzy: jeffolie ~ I've been reading/lurking you for a year or three now and was wondering if your could you explain how you overcome quantum fading/leveraged decay in your ETF short position of the DJIA?
Oct 25, 2013 20:46:26 GMT -6