September 16, 2011
— Ace Obama referred to ponying up even more dollars to prevent teachers from being laid off.
Where would they be laid off? Only in states whose governments, in league with the teachers' unions, continue escalating teachers' salaries beyond the point the public is willing to pay.
That creates a shortfall. A perpetual one. An always-growing one.
Well, Obama's from the government, and he's here to help.
Last Thursday, the president urged Congress to pony up roughly $200 billion in taxpayer money to "provide more jobs for teachers [and] more jobs for construction workers" and more money to carry out other state and local activities. He urges Congress to spend this money even after handing out hundreds of billions of dollars for similar purposes as part of the 2009 stimulus package, as well as a score and more billion dollars again in 2010.These vast contributions to the coffers of state and local governments, though pitched as a jobs bill, are in reality the latest in a series of bailouts for debt-ridden state and local governments. They are of special benefit to states in the blue regions of the country where the president's most fervent supporters reside.
In many blue states, legislators have copied the politicians in Washington by running up state debts to extraordinary levels. Nationwide, state debt is running around $3 trillion. If unfunded pension liabilities are factored in, estimated liabilities leap forward by another $1 trillion to $3 trillion, depending on the optimism of the assumptions made.
The bond market has taken notice....
In a new study at Harvard's Program on Education Policy and Governance, we discovered why the Obama administration is so interested in helping out the states. States with a bluish hue—that is, states with legislatures that are heavily Democratic and have a highly unionized public-sector work force—must pay interest rates that are often an extra half a percentage point higher than states with a reddish coloring.
Specifically, a 20 percentage-point increment in either the Democratic share of the state legislature or a comparable increase in the share of the public work force that is unionized drives up interest rates by nearly a half a percentage point on a five-year security note. That amount is nontrivial. In Obama's home state of Illinois, it is costing governments over $700 million annually.
And because this costs these states' more than they can afford (at acceptable rates of taxation), they need a new revenue source, one that doesn't vote in the state... and that source is you, of course.
Only one thing can correct these states' bad prioritization of values: Having to face their own voters, confronting voters with the choice of ever-more-generous pay and benefits for public employee unions or massive tax hikes.
Someone, in these states, is going to get a salary increase, and someone is going to get an effective salary cut (as more dollars are siphoned away to pay for others' salaries).
There's no way to square this circle... except the one way, which is dragoon the citizens of other states into paying for the excesses of the blue states' governments.
Which is precisely what Obama demands.
Because: "jobs."
Posted by: Ace at
10:41 AM
| Comments (113)
Post contains 544 words, total size 4 kb.
Some got laid off here as well in SC. I think all the States had to lay some off because it is easier to do that than cut the welfare projects.
Posted by: Vic at September 16, 2011 10:45 AM (M9Ie6)
It's 155 pages right? Give it time. There's more shit that will turn up. More turds to float to the surface of the bowel.
But you got to PASS IT NOW!
Posted by: Max Power at September 16, 2011 10:45 AM (q177U)
Because: "jobs."
Because: Fuck you, that's why. I think that sums up the entire Obama administration.
Posted by: alexthechick at September 16, 2011 10:46 AM (VtjlW)
Posted by: Rusty Nail at September 16, 2011 10:46 AM (HwE/1)
Posted by: Sub-Tard at September 16, 2011 10:46 AM (0M3AQ)
Posted by: Barack Obama at September 16, 2011 10:47 AM (Vy1lZ)
The problem here is that the State and Counties have been increasing more and more the sales tax burden. In my county it has reached 10% now and that is the first thing to fall out the bottom when the economy tanks.
Posted by: Vic at September 16, 2011 10:47 AM (M9Ie6)
Posted by: SH at September 16, 2011 10:49 AM (gmeXX)
Bring on my bailout bitches? Teachers need some lettuce for our summer travels. And the firefighters and cops have wives thayt need new tits. Damn Tea Party extremists are blocking what is rightfully ours. Racists. Obama is keeping the Blue states rolling. FTW.
You mad bro?
Posted by: California Red (acting like public employee for a minute) at September 16, 2011 10:49 AM (DXTKe)
THIS "bailout" is the moonbat Thermopylae
Posted by: sven10077 at September 16, 2011 10:49 AM (AEIYh)
the red states laid them off and took the hit and are trying to adjust to "the new normal"....
the Blue Boned refuse to adjust at all praying for another boom to magically take their tills back to "just" a few million down
Posted by: sven10077 at September 16, 2011 10:51 AM (AEIYh)
holy shit!
did you guys hear this?
On 9/22 Obama is going to Brent Spence bridge in Cincinnati to give a speech/rally for his Pass This Bill bill.
Obama is now speaking at bridges to sell his informercial scam.
Posted by: soothsayer at September 16, 2011 10:52 AM (sqkOB)
Posted by: Hussein Riding the Strong Skittles Pony at September 16, 2011 10:52 AM (0M3AQ)
So, Barky: Get. Your. Meddlesome. Nose. Out. Of. Our. Business.
Posted by: No Whining at September 16, 2011 10:53 AM (HmCnI)
Posted by: Kratos (Ghost of Sparta) at September 16, 2011 10:53 AM (9hSKh)
The big lie has always been in play.
Posted by: Vic at September 16, 2011 10:54 AM (M9Ie6)
holy shit!
did you guys hear this?
On 9/22 Obama is going to Brent Spence bridge in Cincinnati to give a speech/rally for his Pass This Bill bill.
Obama is now speaking at bridges to sell his informercial scam.
This is more of their high powered campaign to embarass and intimidate Boehner and McConnel. The only problem is the bridge is scheduled for rebuild in 2014 and will be financed by gas taxes. Some say this is nuts, some say its sustainable. Sparky says "Pass This Bill" so children can breath and bridges don't fall down. A pox on your ATMs and corporate jets.
Posted by: Sub-Tard at September 16, 2011 10:55 AM (0M3AQ)
First 1 million taxpayers get a Sham-Wow.
Posted by: EC at September 16, 2011 10:55 AM (GQ8sn)
did you guys hear this?
On 9/22 Obama is going to Brent Spence bridge in Cincinnati to give a speech/rally for his Pass This Bill bill.
Obama is now speaking at bridges to sell his informercial scam.
They purposely chose a location close to Boehner's district.
Posted by: Miss80sBaby at September 16, 2011 10:56 AM (o2lIv)
Posted by: cherry pi, terrorist hostage taking SOB at September 16, 2011 10:56 AM (OhYCU)
Posted by: no good deed at September 16, 2011 10:58 AM (mjR67)
Nationwide, state debt is running around $3 trillion. If unfunded pension liabilities are factored in, estimated liabilities leap forward by another $1 trillion to $3 trillion
Uh.... hello? Work for the AGW crowd? Ze last time I checked, 3 plus 1 equals 4?
Posted by: Albert Einstein, who can do basic Math at September 16, 2011 10:58 AM (NtXW4)
The way these people think and devise plans is reprehensible.
They're actually in meeting saying let's go to the Speaker's home state, a battleground state, and stick our thumb in Boehner's eye.
AND let's find an old crappy bridge in Ohio and do it there!
Posted by: soothsayer at September 16, 2011 10:58 AM (sqkOB)
“Now, I know that, over the last couple of months, there have been Democrats who voiced concerns and nervousness about, well, in this kind of economy, isn’t this just — aren’t these just huge headwinds in terms of your reelection? And I just have to remind people that— here’s one thing I know for certain: The odds of me being reelected are much higher than the odds of me being elected in the first place.”
Posted by: Miss80sBaby at September 16, 2011 10:58 AM (o2lIv)
Are they the Spartans or the Persians in this scenario, because it didn't end well for the former in the short run but their kinsmen did okay in the long run? I don't see the MBs being interested in taking one for the team.
Posted by: pep at September 16, 2011 10:58 AM (GMG6W)
I want to see taxes aimed at Hollywood, trial lawyers, unions, etc.
I also would love to see urban taxes. Cities have become leeches on the productive class. Workers have to commute into them on overburdened roads, for the honor of seeing an ever higher percentage of their income siphoned off in the name of the urban poor (and ending up in the pockets of the urban government class). Start levying taxes at the state level on businesses and watch this process end immediately...
Also, let's stop putting public housing into cities were there are no low skill jobs to be had. One way to deal with the illegal problem is to mix our native low/no skill would be workers with the people that would love to hire them instead of putting them into urban cesspools that are extremely hard to rise above.
Posted by: 18-1 at September 16, 2011 10:58 AM (7BU4a)
Posted by: Pass This Bill epub at September 16, 2011 10:59 AM (Vy1lZ)
This racquet still works?
Posted by: AnonymousDrivel at September 16, 2011 10:59 AM (r4t7/)
yeah but what Barry doesn't get is he is effectively campaigning for Ohio governor then....
the 75 bridge's priority was set in no small part by Pelosi and Strickland during ARRA and the electorate in Ohio knows it...it was an issue in SW Ohio and swung cincy back GOP....
Strickland was punishing SW Ohio because it is GOP.
It'd help Barry a LOT if he understood what the hell he was talking about
Posted by: sven10077 at September 16, 2011 10:59 AM (AEIYh)
Posted by: Maria Cantwell at September 16, 2011 10:59 AM (EL+OC)
Obama is now speaking at bridges to sell his informercial scam.
Posted by: soothsayer at September 16, 2011 02:52 PM (sqkOB)
and if you believe in me and my jobs bill, I have a bridge to sell you.
Posted by: willow at September 16, 2011 10:59 AM (h+qn8)
Posted by: Gov. Jerry Brown (D) The SEIU at September 16, 2011 10:59 AM (rtM7G)
Well, maybe that gives us a hint about which of the bridges are on his "about to collapse" list, since he won't say otherwise. If he stands on the bridge to give his speech, it's probably not on the list. If he sends Biden in his place, it probably is.
Posted by: Ian S. at September 16, 2011 11:00 AM (tqwMN)
Posted by: cherry pi, terrorist hostage taking SOB at September 16, 2011 11:00 AM (OhYCU)
Well, when we look across the Atlantic to Europe and we see Germany propping up the PIIGS of the eurozone, its a bit of foreshadowing to what the US will have to do once California ends up completely underwater and out of options.
It would be wise of us to pay close attention
Posted by: Pedro at September 16, 2011 11:00 AM (NHNJt)
Why didn't Ted Strickland rebuild the bridge?
Why didn't the cocksucking Democrat mayor of Cincinnati fix the bridge?
Posted by: soothsayer at September 16, 2011 11:00 AM (sqkOB)
Posted by: joncelli at September 16, 2011 11:01 AM (RD7QR)
Posted by: cherry pi, terrorist hostage taking SOB at September 16, 2011 03:00 PM (OhYCU)
Its me toll bridge... because if we don't get no tolls, we don't eat no rolls...
Posted by: Little John, Government worker at September 16, 2011 11:01 AM (NtXW4)
I just stayed in a hotel in NY. There were 4 separate taxes, state, city, occupancy and Javitz. Anything to make the rubes pay for their welfare state.
Posted by: pep at September 16, 2011 11:01 AM (GMG6W)
Posted by: Bob Saget at September 16, 2011 11:03 AM (F/4zf)
Posted by: FRONT TOWARD LEFT at September 16, 2011 11:03 AM (cbyrC)
1. What happened to the first infrastructure spending in the $1T spending?
2. Perhaps we should cease spending all the highway tax funds on bike paths and buses and start spending it on what it was originally intended for.
Posted by: Vic at September 16, 2011 11:04 AM (M9Ie6)
they're the Persian army.....
The moonbats have convinced themselves they are the embodiment of righteous anger...
2010 was the decision of the red to fight....
2012 is our battle.....
I am often reminded when factoring the histrionics of the far left part of the Barack 52% yelling and screaming he is not far left enough.....
King Leonidas: You have many slaves, Xerxes, but few warriors. It won't be long before they fear my spears more than your whips.
The donk "coalition" that got him 52% with record turnout....
it is held together with angst....
they'll quit
Posted by: sven10077 at September 16, 2011 11:05 AM (AEIYh)
We are paying more than attention:
We are sending billions to Europe still. Billions that we do not have.
Posted by: Vic at September 16, 2011 11:05 AM (M9Ie6)
I mean, I never expected anything else.
Posted by: toby928™ at September 16, 2011 11:05 AM (GTbGH)
Posted by: Audrey... I mean... Stimulus II at September 16, 2011 11:05 AM (NtXW4)
Posted by: FRONT TOWARD LEFT at September 16, 2011 11:06 AM (cbyrC)
It was whittled down to relative pocket change. It was merely for The Optics™ in selling the whole boondoggle.
Posted by: AnonymousDrivel at September 16, 2011 11:07 AM (r4t7/)
Solyndra. That's what.
ARRA is to infrastructure spending what pillaging is to shopping.
Posted by: FRONT TOWARD LEFT at September 16, 2011 03:06 PM (cbyrC)
Hey, don't forget US!
Posted by: Stimulus Road Signs at September 16, 2011 11:08 AM (NtXW4)
Pundits and Commentators;
Wil Wheaton
Wesley Fuckin' Crusher is followed for political commentary?
Sweet Fancy Moses, are we still boned or what
Maybe Conan O'Brien can bring Shatner on to do the "readings" of Wheaton's Tweets
Posted by: kbdabear at September 16, 2011 11:09 AM (Y+DPZ)
Posted by: Isophorone at September 16, 2011 11:09 AM (X/T/+)
Posted by: kbdabear at September 16, 2011 03:09 PM (Y+DPZ)
Uh, you do know that a lot of Twitter, is NOT Political in nature?
Posted by: Romeo13 at September 16, 2011 11:10 AM (NtXW4)
Why didn't the cocksucking Democrat mayor of Cincinnati fix the bridge?
Posted by: soothsayer at September 16, 2011 03:00 PM (sqkOB)
Not Mayor. City Manager. Mayor don't do much in Cincy.
I remember the good old days when the two parties in Cincy were Republicans and Charterites.
Posted by: Oldcat at September 16, 2011 11:10 AM (z1N6a)
Posted by: sifty at September 16, 2011 11:11 AM (4CSeG)
Posted by: joncelli at September 16, 2011 03:01 PM (RD7QR)
Well, it isn't.
But I'm sure the traffic jam generated by the Prez blocking I-75 between the north and south there will make him all kinds of friends in the area.
Posted by: Oldcat at September 16, 2011 11:12 AM (z1N6a)
Posted by: kbdabear at September 16, 2011 03:09 PM (Y+DPZ)
Uh, you do know that a lot of Twitter, is NOT Political in nature?
Posted by: Romeo13 at September 16, 2011 03:10 PMYes I do. But it was Time Ragazine that listed him as a top POLITICAL pundit on Twitter
Posted by: kbdabear at September 16, 2011 11:12 AM (Y+DPZ)
I just stayed in a hotel in NY. There were 4 separate taxes, state, city, occupancy and Javitz. Anything to make the rubes pay for their welfare state.
Posted by: pep at September 16, 2011 03:01 PM (GMG6W)
Ah, I meant specific taxes levied against city governments by state governments. Not more taxes levied by cities for their own benefit.
Posted by: 18-1 at September 16, 2011 11:13 AM (7BU4a)
Posted by: Paul Krugman, Village Idiot Emeritus at September 16, 2011 11:13 AM (r4t7/)
We are doing our best to remedy that.
Posted by: Attaaaaaack Waaaaaatch at September 16, 2011 11:13 AM (mjR67)
The state passed a 60+% increase in income taxes last year. They are behind on their bills. Confidence there is hitting new lows. As you might imagine, IL Dem leaders are real keen on this new Barky proposal.
IL is a microcosm of the plan King Putt has for us all.
Posted by: GnuBreed at September 16, 2011 11:13 AM (ENKCw)
Posted by: sven10077 at September 16, 2011 02:59 PM (AEIYh)
It's pretty fucking bad that he doesn't understand things that I'd even expect Biden to know. I really hope that Boehner and Kasich are able to make hay on this; it is potentially a face/palm moment.
Posted by: Captain Hate at September 16, 2011 11:14 AM (RKzwg)
Posted by: Sheriff Barry at September 16, 2011 11:14 AM (GTbGH)
I remember the good old days when the two parties in Cincy were Republicans and Charterites.
Yeah, but the city had a gang problem back then -- Protrons and Neutrons in town, Electrons in the 'burbs.
Posted by: Venus Flytrap at September 16, 2011 11:15 AM (F5OMl)
Posted by: kbdabear at September 16, 2011 03:12 PM (Y+DPZ)
Think on that a bit... TIME magazine? To me they rate at about the same level of veracity as the Old National Enquirer... back in the "Elvis is alive and Working in a KFC in Waco" days...
Posted by: Romeo13 at September 16, 2011 11:15 AM (NtXW4)
Posted by: Isophorone at September 16, 2011 03:09 PM (X/T/+)
My, uh, hard file, isn't, uh, going to bring itself to organization all be itself.
Oh, and if you are a 20-25 year old female who can take dictation. Long, hard, dictation, my office is always hiring.
Posted by: Some Assistant School Superintendant at September 16, 2011 11:16 AM (7BU4a)
Posted by: Simon and the Guy with the Fro at September 16, 2011 11:16 AM (RD7QR)
Yeah, but the city had a gang problem back then -- Protrons and Neutrons in town, Electrons in the 'burbs.
Posted by: Venus Flytrap at September 16, 2011 03:15 PM (F5OMl)
+ 100 internets to you
Posted by: Oldcat at September 16, 2011 11:17 AM (z1N6a)
I like Ike!!
Very well,
.
Another gratuitous video assay of IDF women. The pictures don't look like they are too bad, but the choice of background music is a bit annoying, so treat it at SSFW, VAYOR.
Posted by: Kratos (Ghost of Sparta) at September 16, 2011 11:18 AM (9hSKh)
Posted by: Mister Christopher at September 16, 2011 11:23 AM (cjGZv)
TUCSON, Ariz. (AP) – An Air Force Base near Tucson has stepped up security and limited traffic into and out of the base because of an unspecified security situation.
A Davis-Monthan Air Force Base spokesperson could not confirm reports of gunfire on the base or say if anyone has been shot.
Senior Airman Timothy Dunaway says traffic has been reduced to a single point entry but he refused to elaborate.
He says the Sonoran Science Academy on the base is on lockdown. KVOA-TV says the kids are safe on the base.
Davis-Monthan is adjacent to the Pima Air & Space Museum and the “boneyard” for old military and government airplanes that is a popular destination for aviation enthusiasts.
Posted by: Ugknown at September 16, 2011 11:24 AM (F1JEL)
Posted by: Blue Falcon in Boston training for the ONT mudwrestling match at September 16, 2011 11:24 AM (ijjAe)
83 Many thanks to Military.com and Kratos
I had never heard a pop song sung in hebrew ... kinda liked it ...
Posted by: Honey Badger at September 16, 2011 11:26 AM (GvYeG)
Posted by: Mister Christopher at September 16, 2011 03:23 PM
Another teabagger who was provoked to violence by Sarah Palin and Glen Beck!
Note to reporters: ix-nay on the unrunner-gay!
Posted by: The MBM at September 16, 2011 11:27 AM (Y+DPZ)
Posted by: Hollowpoint at September 16, 2011 11:28 AM (SY2Kh)
This is just another money laundering scheme for the unions and radical groups who support Obama. The government shouldn't be doing any of this.
But before we attack Obama reflect a moment and you hear Romney and Perry advocating similiar ideas and policies. No thank you to any of this nonsense.
Posted by: Molon Labe at September 16, 2011 11:32 AM (S7K8x)
Bike paths and trains. Gotta please the Dem base, you know.
For actual highway maintenance they can just jack up spending from the general fund- who's going to vote against highway funding?
Posted by: Hollowpoint at September 16, 2011 11:32 AM (SY2Kh)
Posted by: Kathy from Kansas at September 16, 2011 11:33 AM (2AfqM)
Every one of these bastards, from Obama on down, should be prosecuted under RICO.
Posted by: Kathy from Kansas at September 16, 2011 11:37 AM (2AfqM)
Posted by: Chi-Town Jerry at September 16, 2011 11:46 AM (f9c2L)
Posted by: steevy at September 16, 2011 11:55 AM (fyOgS)
Posted by: kathysaysso at September 16, 2011 12:00 PM (ZtwUX)
65 Aren't these high tax, heavily unionized blue states the ones that are losing population? So wouldn't they have declining enrollments? Therefore, why would they need more teachers?
Posted by: Isophorone at September 16, 2011 03:09 PM (X/T/+)
Posted by: kathysaysso at September 16, 2011 12:00 PM (ZtwUX)
Posted by: Cricket at September 16, 2011 12:04 PM (DrC22)
Posted by: Ill-noise at September 16, 2011 12:12 PM (JZBti)
Posted by: 4rc at September 16, 2011 12:21 PM (88Pt/)
Posted by: arhooley at September 16, 2011 12:42 PM (3kgHv)
Posted by: eaglewingz08 at September 16, 2011 01:00 PM (00olX)
Posted by: sally struthers at September 16, 2011 01:10 PM (GTbGH)
Posted by: LGoPs at September 16, 2011 01:28 PM (QiSD7)
Posted by: The Schwalbe : © at September 16, 2011 01:39 PM (UU0OF)
Posted by: ExExZonie at September 16, 2011 01:41 PM (HhqrH)
Posted by: The Schwalbe : © at September 16, 2011 05:39 PM (UU0OF)
We did invest... in politicians and political influence.
Posted by: SEIU and AFSCME at September 16, 2011 01:42 PM (HhqrH)
We are sending billions to Europe still. Billions that we do not have.
Um, shouldn't Europe be paying us back for the Marshall rebuilding? I'd say we've helped them more than our fair share. Time to cut the cord already.
Posted by: The Schwalbe : © at September 16, 2011 01:47 PM (UU0OF)
Posted by: Comanche Voter at September 16, 2011 04:51 PM (3ESDJ)
Posted by: Storm’s Heart AudioBook at September 16, 2011 05:44 PM (EYYAV)
The stimulus money goes to the public employees with a slice off the top for union dues, a portion of which goes back to Democratic candidates.
That's the REAL reason.
Posted by: Marty at September 16, 2011 10:13 PM (on5PS)
Posted by: anglo at September 20, 2011 09:53 AM (Qahzu)
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Posted by: Max Power at September 16, 2011 10:44 AM (q177U)